All City & finance articles – Page 258
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NewsNext's pre-Christmas sales slump as price rises loom
Next’s full-price sales fell in the all-important fourth quarter, contrary to the retailer’s expectations.
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NewsJigsaw Christmas sales up as retailer resists discounting
Jigsaw’s sales rose 10% over the Christmas period, with the retailer maintaining its full-price offer.
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OpinionOpinion: House of Fraser doesn’t need a bank
Banks are banks and shops remain shops. Putting one into the other will not equate to additional sales.
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NewsBHS liquidator probes Green and Chappell property deals
BHS’s liquidators are investigating a swathe of property transactions that took place under the ownerships of Sir Philip Green and Dominic Chappell.
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NewsGoldsmiths owner Aurum set for auction amid sales boom
The owner of luxury watch and jewellery group Aurum could call time on its ownership of the business as it eyes a potential sale.
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NewsAgent Provocateur owner 3i mulls sale of lingerie chain
Agent Provocateur’s owner 3i is considering selling the struggling lingerie business as the private equity firm weighs up its options for the retailer.
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NewsBreakfast briefing: Scottish retail sales and UK fashion retailers
Retail news round-up: Rising inflation and council taxes affect Scottish retail sales and UK fashion retailers to face financial crisis.
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NewsMcColl’s gets green light for Co-op store acquisition
McColl’s takeover of some of Co-op’s stores to bolster its convenience offer has been signed off by the Competition and Markets Authority.
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NewsReview of the Year: Fashion's annus horribilis
The past 12 months have been some of the most eventful ever for fashion retailers, with CVAs, administrations and the odd death threat making it a year to remember.
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AnalysisReview of the Year: Retailers hit the acquisition trail
If 2015 was a year driven by mergers and acquisitions, retailers have put their foot even more firmly on that pedal this year.
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AnalysisDixons Carphone hails biggest ever Black Friday
Dixons Carphone boss Seb James said Black Friday was their biggest trading day in history and sales were “well up” on last year’s discounting event.
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NewsDixons Carphone half-year profits jump 19%
Dixons Carphone has reported a 19% surge in half-year profits, but said it is planning for “more uncertain” times in the face of Brexit.
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NewsCarpetright like-for-like sales and profits drop
Carpetright recorded falling sales and profits as boss Wilf Walsh said uneven consumer demand and currency fluctuations made for a “challenging first half”.
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NewsToday in retail: Boxing Day campaign gets a body blow
Despite the campaign garnering over 140,000 signatures, calls for shops to be forced to close on Boxing Day have been shunned by the Government.
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NewsGrowth in UK economy won't last, business body warns
Growth in UK GDP will “dampen” in 2017, the British Chambers of Commerce has warned, despite the economy rallying following the Brexit vote.
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NewsBHS administrators could force City advisers to pay £8m
Administrators investigating the collapse of BHS could force City firms that acted as advisers on its sale to cough up more than £8m.
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NewsBreakfast briefing: Dr Martens, Agent Provocateur and more
Retail news round-up: Dr Martens plans 100 new outlets, Agent Provocateur reshuffles its board, MPs to hold debate on Boxing Day trading, and more
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AnalysisIs M&S right to give Steve Rowe a £1.8m bonus?
M&S has irked union Usdaw after it unveiled a scheme that would hand boss Steve Rowe a £1.8m annual bonus if targets are achieved.
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NewsToday in Retail: M&S bonus ball keeps on rolling
Steve Rowe’s pay incentive is not just any bonus, it’s an M&S turnaround bonus – and a pretty substantial one at that.
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InterviewInterview: House of Fraser chairman on why all is on track
Despite the slew of executive departures and volatile trading, House of Fraser executive chairman Frank Slevin insists it’s on the right track.