All City & finance articles – Page 276
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OpinionNick Bubb on Andy Street’s John Lewis legacy – sales good, profits bad?
Andy Street has been a brilliant and energetic leader of the John Lewis Partnership, but how strong will his legacy be?
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NewsBrexit not deterring shoppers but household finances under pressure
The outcome of June’s referendum to leave the EU and the weakened pound has not yet had an impact on shopping behaviour, according to figures.
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NewsH&M third-quarter profits hit by discounting and higher sourcing costs
H&M said its third-quarter profits were dented by increased discounting and higher purchasing costs triggered by a strong US dollar.
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NewsHMV posts pre-tax loss as physical music and film sales slump
HMV has posted a full-year pre-tax loss of £8.8m after sales of physical CDs, films and games continued their decline.
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NewsAgenda: Tesco, DFS, ScS and Dunelm post financial updates
Retail Week looks ahead to the next seven days in the industry with updates from Tesco, ScS, DFS and Dunelm all on the agenda.
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VideoThe Retail Week: Sainsbury's sales fall, BHS.com and Tesco's half years
The team sit down to discuss the week’s news including Sainsbury’s second-quarter results, a new BHS and a look ahead to Tesco’s results.
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NewsEast chief executive quits as owners Fabindia sell 80% stake
East boss Suzi Spink has quit the fashion retailer in the wake of its owners selling an 80% stake to a New York based investor.
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OpinionOpinion: It is time to end the tyranny of fashion seasons
Many apparel retailers still operate according to the traditional seasons. The trouble is, the weather often refuses to follow suit.
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AnalysisAnalysis: How Moss Bros is getting trade right in a tough market
Menswear retailer Moss Bros posted stellar interim results on Wednesday, with like-for-like sales up 4.9% and pre-tax profits soaring 30%.
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NewsGame bags £13.5m in sale and leaseback deal on head office
Game is set to gain some “much needed” cash after striking a sale and leaseback deal on its head office and distribution centre.
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NewsMySale narrows losses as it launches Sports Direct tie-up
MySale has narrowed its full-year losses, revealing a strong financial performance and a partnership with Sports Direct in Australia.
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AnalysisAnalysis: How House of Fraser aims to put own-label womenswear back on track
House of Fraser is streamlining its womenswear own-brands offer in an attempt to stem declining sales of the ranges.
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NewsMoss Bros profits soar in 'another period of strong progress'
Moss Bros’s pre-tax profits have rocketed in what boss Brian Brick hailed as “another period of strong progress for the company”.
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NewsSainsbury’s second-quarter sales fall in 'competitive market'
Sainsbury’s boss Mike Coupe has insisted the grocer will “continue to outperform” the big four, despite falling total sales and like-for-likes.
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NewsAldi prepared to sacrifice more margin as it refuses to be beaten on price
Aldi is willing to further sacrifice profitability and even if necessary to sustain losses in order to maintain price competitiveness.
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NewsAmerican Apparel boss quits amid 'challenging' trading
American Apparel boss Paula Schneider, who was appointed to engineer a turnaround, has resigned amid reports of a possible sale.
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NewsTesco takes a knock as pension blackhole balloons to estimated £5bn
Tesco’s pension deficit has reportedly doubled to more than £5bn in the past year, which could threaten its ability to resume paying dividends.
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NewsAldi plans £300m store refresh initiative but profits slip
Aldi has unveiled plans to spend £300m on revamping its UK and Ireland stores, but its full-year profits were hampered by its investment in price.
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OpinionOpinion: Higher prices and squeezing suppliers won’t help retail performance
I have never known such uncertainty permeating the industry in more than 30 years. It makes for short-termism and muddy thinking.
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AnalysisBoohoo’s success testament to entrepreneurial blood, sweat and tears
Boohoo seems to be going from strength to strength as the pure-play posts its interim results on Tuesday.