All City & finance articles – Page 246
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AnalysisRetail chiefs: 'Worst election result we could have'
After the snap election resulted in a hung parliament, Retail Week spoke to retail executives to gauge reaction across the industry.
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NewsMatalan profits rise amid full-price sales drive
Matalan’s parent company has reported an increase in full-year profits as the retailer rowed back on discounting.
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NewsToday in retail: Boohoo gets investors' vote
In a challenging market, fast-fashion etailer Boohoo continues to set the pace.
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NewsUniqlo swings to loss as euro slump hits profits
Uniqlo has swung to a pre-tax loss as investment in its expansion plan and the weakening euro against the dollar hampered its bottom line.
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NewsUpdated: Boohoo sales rocket amid £50m share listing
Boohoo has unveiled surging first-quarter sales and successfully raised £50m through the listing of new shares to help fund a new warehouse.
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NewsBody Shop price tag hurt by 'poor profit expectations'
Body Shop’s parent company L’Oreal hopes to sell it for €800m but is reportedly forecasting a slump in the ethical retailer’s upcoming profits.
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NewsShoe Zone half year profits hit by slumped sterling
Shoe Zone blamed the devaluation of sterling against the dollar since last year’s Brexit vote for a slump in half-year profits.
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OpinionOpinion: AO.com faces challenging investor climate
Solid revenue growth at the expense of profitability is a well-trodden path for young ecommerce firms, so why have AO.com’s numbers been so poorly received?
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NewsToday in retail: New Look and AO sing the retail blues
Underwhelming results from New Look and AO.com, plus gloomy BRC retail sales, compounded to paint a bleak portrait of the retail landscape today.
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NewsJoules sales spike as it ramps up profit expectations
Joules has enjoyed a spike in sales in its first full year since its IPO and ramped up its profit guidance ahead of its preliminary results.
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NewsNew Look profits slump as UK sales suffer
New Look has suffered a slump in full-year profits and like-for-like sales amid a stark warning that the coming year will “remain challenging”.
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NewsAO.com narrows losses despite ‘challenging’ UK market
AO.com has narrowed its full-year losses despite the “challenging trading environment” in the UK and continued losses in Europe.
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NewsToday in retail: Ocado and Iceland reap online rewards
It’s been years in the making – and today Ocado could finally bask in the limelight of its first international deal.
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AnalysisFive of the biggest pureplays you’ve never heard of
Our list of the biggest UK-based pureplay retailers by sales had some surprising entries. We take a look at five of the most successful, but perhaps less familiar, etailers giving the most established players a run for their money.
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OpinionOpinion: Was Ocado’s first overseas deal worth the wait?
It’s been a long time coming, but was news of Ocado’s hotly anticipated maiden international tie-up worth the rather protracted wait?
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NewsTesco PwC probe closed by accounting watchdog
The UK’s accounting watchdog has closed its investigation into Tesco’s accounts, which was launched in the wake of the grocer’s profits scandal.
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NewsTesco investor warns grocer over Booker deal
The boss of Tesco investor Artisan Partners has claimed he has not spoken to a single investor who backs the grocer’s proposed tie-up with wholesaler Booker.
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NewsProfits slide 16% at Topshop owner Arcadia
Profits at retail tycoon Sir Philip Green’s Arcadia business have fallen as the Topshop to Dorothy Perkins group confronted harsh trading conditions.
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NewsShop Direct private equity interest stalls
Some leading private-equity houses have decided against bidding for home shopping giant Shop Direct.
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NewsSchuh reveals rising profits to beat footwear market
Schuh has revealed rising profits and sales in its full-year results, as it continues to press ahead with store expansion.