All City & finance articles – Page 247
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NewsFrench Connection investors issue Marks ultimatum
The bitter French Connection row has escalated further after one of the company’s biggest shareholders issued an ultimatum to its founder Stephen Marks.
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NewsAsda slashes small supplier payment terms to 14 days
Asda is reducing its payment terms for small suppliers to 14 days as it beefs up efforts to work “more effectively” with its supply base.
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NewsToday in retail: Tesco and Booker begin watchdog slog
If the competition watchdog’s recent record is anything to go by, Tesco and Booker should brace themselves for a long slog.
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NewsChinese healthcare firm in last-minute Body Shop bid
A Chinese healthcare company is considering making a late bid for the Body Shop, which has been put up for sale by its French owner L’Oréal.
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AnalysisAnalysis: Has Pets at Home got its bite back?
Pets at Home has been in the dog house of late, especially after City broker Morgan Stanley suggested it “faced a bleak future” earlier this month.
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NewsMountain Warehouse profits ascend as expansion beckons
Mountain Warehouse earnings soared last year as its chief executive Mark Neale hailed the “massive benefits” of its international stores and looked to future expansion.
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NewsBHS administrator could rack up more fees
BHS administrator Duff & Phelps stands to make further fees for work following the retailer’s collapse, which would bring its total remuneration to almost £4m.
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NewsArcadia tycoon Green hopes to rescue Topshop Australia
Arcadia owner Sir Philip Green aims to stage a rescue of the Topshop business in Australia following the collapse into insolvency of the retailer’s franchise partner Down Under.
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NewsToday in retail: Thursday’s throng of financial updates
Today brought a flurry of results as B&M, Pets at Home, Halfords, Card Factory and Conviviality updated the market.
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NewsConviviality sales jump amid 'unprecedented' change
Bargain Booze owner Conviviality has posted a jump in retail sales during what it called an “unprecedented year of change”.
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NewsCard Factory sales grow as it launches Irish trial
Card Factory has revealed rising like-for-likes in its first quarter and confirmed plans to trial stores in Ireland later this year.
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NewsPets at Home sales rise as pre-tax profits shrink
Pets at Home has revealed rising full-year sales as underlying pre-tax profit shrunk slightly in the period.
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NewsB&M reveals rocketing sales and profits in full-years
B&M has reported soaring sales and profits and accelerated like-for-like growth in its full-year results.
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NewsHalfords profits fall despite full-year sales rise
Halfords has reported rising full-year sales but falling profits in its last year under chief executive Jill McDonald.
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DataData: M&S profits come at a high price
Another year, another unwelcome fall in retail bellwether Marks & Spencer’s annual pre-tax profits.
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AnalysisM&S: Not the car crash the headline numbers suggest
The headline numbers in Marks & Spencer’s full-year results today looked like a bloodbath at retail’s most venerable name.
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NewsToday in retail: M&S, Kingfisher and Dixons Carphone
Marks & Spencer boss Steve Rowe caused excitement in the weeks preceding today’s full-year results by revealing the retailer was preparing to trial food online.
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AnalysisM&S’ small online food trial could lead to big things
M&S’ annual results press conference was dominated by questions about the retailer’s upcoming online food trial.
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NewsTopshop Australia placed into voluntary administration
Topshop’s Australian arm has been placed into voluntary administration amid mounting debts, putting 760 jobs at risk.
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NewsM&S boss Rowe hails rocketing full-price sales
M&S chief executive Steve Rowe has hailed the retailer’s rising full-price sales, adding that M&S will continue on its “self-help programme”.