All City & finance articles – Page 33
-
NewsDunelm has gained more ground on John Lewis in homewares market share
Dunelm has put more space between itself and John Lewis in the league table of homeware market share.
-
NewsDunelm has recorded a rise in sales and profits
Homewares retailer Dunelm has reported an increase in sales and profits boosted by a growth in volume, despite an overall “softer market”.
-
NewsWHSmith has delivered strong growth in travel driven by the peak summer season
WHSmith has recorded a rise in revenue, mainly driven by travel sales during the peak summer period and new ranges.
-
-
NewsWickes’ retail arm has continued to grow despite profits declining
Wickes has hailed the growth of its retail business despite profits declining during the first half and it not being “immune” from design and installation market struggles.
-
NewsThe Cotswold Company sales have climbed despite the home and furniture slowdown
Sales at The Cotswold Company swelled by 15% for the first half of the financial year thanks to a step up in digital marketing and increased demand for “made-to-last” furniture.
-
AnalysisAldi boss Giles Hurley on slower growth, ‘real loyalty’, Christmas prospects and more
Value grocer Aldi achieved record sales last year but some wonder whether its relentless growth can continue.
-
NewsEG Group has increased its profits after strong performances in the US and Europe
EG Group reported growth in profit and sales driven by strong performance in the US and Europe in the three months ending June 30, 2024.
-
Opinion‘Confidence has recovered but scar tissue remains in the collective consumer psyche’
Improving fundamentals, evolving consumer behaviour and rapidly developing technologies present scope for investment value creation, believes Matt Truman
-
NewsThe Body Shop buyer has lined up working capital deal
The expected purchaser of The Body Shop is in advanced discussions to secure new financing as a deal nears.
-
NewsConvenience store giant rejects $38bn takeover bid
The owner of c-store powerhouse 7-Eleven has spurned a $38bn takeover bid, but said it is open to further discussions.
-
AnalysisAsos boss on Topshop’s potential return to the high street and making the brand ‘accessible and exciting’ again
Asos surprised the City this morning with the announcement that it had offloaded a majority stake of the iconic Topshop and Topman brands to Heartland, a holding firm of Danish fashion giant Bestseller.
-
NewsAsos has sold a majority stake in Topshop and Topman brands
Online fashion giant Asos has today announced a new joint venture with Heartland, the holding company of Danish fashion retailer Bestseller, to sell a majority stake in the Topshop and Topman brands.
-
NewsCurrys has hailed a ‘positive start to the year’ as sales rise
Electricals giant Currys has hailed a “positive start to the year” and said it is “well set” for the pending peak trading period as sales at the electricals giant increased.
-
NewsPrimark has maintained its guidance despite unseasonable summer weather taking toll
Fashion giant Primark has maintained its full-year guidance despite the unseasonable British summer taking its toll during the second half.
-
NewsWatches of Switzerland is on track for the full year thanks to UK market ‘stabilisation’
Watches of Switzerland has reported trading in line with expectations for the start of the financial year as the demand for luxury watches and jewellery in both the UK and US steadied.
-
NewsHarrods has seen its highest ever turnover as sales surge
Luxury department store Harrods has recorded its highest-ever turnover, driven by tourists coming back to London post-pandemic.
-
NewsLululemon revenue and profits increase driven by boost in international sales
Lululemon has reported an increase in revenue and profit as international sales sprint ahead compared with sales in North America.
-
NewsDobbies likely to seek rent cuts as restructuring advisers drafted in
Garden centre group Dobbies is working on restructuring proposals that may lead to store closures and rent reductions.
-
NewsHomebase is poised to kick off talks with potential investors
DIY specialist Homebase is preparing to start discussions with potential new investors, Retail Week can reveal.