All City & finance articles – Page 398
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OpinionNick Bubb’s verdict: Dixons - Down with Comet, up with service?
Dixons has picked up a lot of market share over the last year, thanks to the demise of Comet, but can they now build on that success?
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NewsFrench Connection like-for-like sales rise 2.1%
French Connection has reported a 2.1% uplift in like-for-like sales after a positive reaction from customers to its autumn range.
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NewsMothercare records first half-year profit since 2010
Mothercare is back in the black for the first time since 2010. Group underlying pre-tax profit rose to £2m in the first half, up from a £1.8m loss last year.
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OpinionComment: Majestic Wine sparkles - can other retailers do the same this Christmas?
Majestic Wine’s interim results showed their customary sparkle as sales and profits advanced again.
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NewsBonmarché lists on AIM stock market with £100m valuation
Bonmarché has listed on the AIM stock exchange this morning almost two years after the business fell into administration.
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NewsBreakfast briefing: Retail news on Asda, Bonmarché, business rates, Arnotts and more
Retail news round-up November 20, 2013: Asda launches click-and-collect in tube stations, Bonmarché lists on AIM stock exchange and business secretary Michael Fallon blasts Labour’s business rates reduction plan.
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NewsRetail analyst Tony Shiret returns to City to join Espirito Santo
Veteran retail analyst Tony Shiret is to return to the City to take up a role with Portuguese bank Espirito Santo.
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OpinionComment: Will 2014 see the return of the retail IPO?
The past few months have seen a string of retailers hint at the possibility of an Initial Public Offering (IPO) in 2014.
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NewsBathroom etailer Victoria Plumb eyes £150m sale
Online bathroom retailer Victoria Plumb has appointed KPMG to line up a sale, according to reports.
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NewsMajestic Wine first half profits sparkle
Majestic Wine pre-tax profit rose 4.2% to £9.5m in its half to September 30.
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NewsBonmarché to list on AIM stock exchange on Wednesday
Bonmarché is set to list on the AIM stock market on Wednesday, as it revealed its IPO plans have been successful.
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OpinionNick Bubb’s verdict: Arcadia - if in doubt blame the weather?
Sir Philip Green says the weather has been both unseasonably mild and wet recently, but Arcadia’s problems are more deep-seated than that.
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NewsBurberry unveils record first-half sales of £1bn
Burberry’s first-half sales have broken the £1bn mark for the first time despite the brand reporting flat profits.
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NewsTed Baker sales rise as autumn range proves a hit
Ted Baker has revealed a 24% increase in group sales to £77.1m in the 13 weeks to November 9 after an “encouraging” reception to its autumn/winter range.
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NewsCarphone Warehouse reveals first-half sales and profits rise
Carphone Warehouse has posted a rise in sales and profits as the mobile phone specialist increased its market share.
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NewsWHSmith likes-for-likes fall across high street and travel stores
WHSmith has reported a fall in first-quarter like-for-like sales across its high street and travel divisions.
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NewsBreakfast briefing: Retail news on Asda, Ikea and Bonmarché
Retail news round-up November 14, 2013: Asda signs distribution deal; Bonmarché to float next week and Ikea installs rapid electric vehicle chargers.
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OpinionComment: How Matt Davies put petrol in Halfords’ tank
What difference does it make if 19 seconds are cut from a Chip and PIN transaction time? If there’s not much going through the tills it amounts to the square root of very little.
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OpinionComment: Retail’s top line should rise this Christmas
Recent major headlines in retail occurred on the same day, when Marks & Spencer and Primark both revealed their latest trading results, giving an up-to-date picture of the current state of play in the marketplace.
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NewsBonmarché to float next week as retail IPOs gather pace
Bonmarché is poised to list on the AIM stock exchange next week as a flurry of retailers seek to take advantage of the City’s growing appetite for offerings from the sector.