All City & finance articles – Page 438
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NewsThe Original Factory Shop EBITDA soars in first quarter
The Original Factory Shop EBITDA jumped 20% in its first quarter.
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NewsDreams' owner lays out restructuring proposal
The owner of Dreams is attempting to take control of the bed specialist from its lenders as part of a planned restructure involving more investment and, potentially, store closures.
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OpinionSuperGroup: Light at the end of the tunnel?
Just as speculation starts about a potential IPO in the retail sector in the form of Poundland, it is ironic that today has seen the last major flotation in the sector, SuperGroup, try to pick up the pieces after a disastrous year when the share price slumped well below after the debut level after a material shortfall in profits.
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NewsSuperGroup profits slip as it ditches Cult fascia
Underlying pre-tax profits at young fashion group SuperGroup, which owns trendy brand Superdry, dropped 14.7% in the year to April 29, to £42.8m.
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OpinionComment: Asos connects with success
The fortunes of online fashion group Asos were in stark contrast to those of Marks & Spencer over the same period.
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AnalysisThorntons: What the analysts say
How the analysts have reacted to encouraging 0.7% like-for-like sales in the fourth quarter at embattled chocolatier Thorntons.
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NewsBurberry posts "robust" first quarter performance
Luxury fashion retailer Burberry revenue surged 11% to £408m as its retail sales drove growth.
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NewsThorntons fourth quarter like-for-likes edge up
Thorntons like-for-like sales nudged up 0.7% in the fourth quarter.
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AnalysisMarks & Spencer: What the analysts say
With a raft of management changes and poor first quarter sales, retail analysts have been frank about where Marks & Spencer’s has gone wrong.
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NewsAsos sales jump 31% in first quarter
Online fashion giant Asos retail sales jumped 31% to £136.9m in its first quarter.
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NewsMarks & Spencer tipped to reveal worst quarter in three years
Marks & Spencer is set to reveal its worst trading performance in three years tomorrow (Tuesday), with non-food sales expected to plummet 7%.
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NewsJJB Sports sales plunge as Euro 2012 fails to lift trade
Sports retailer JJB Sports has experienced a sharp plunge in sales since its last update in April as the European Football Championships did not deliver the trading uplift expected.
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NewsMatalan EBITDA dips despite sales increase
Matalan EBITDA dipped 14.5% in its first quarter despite a jump in sales.
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NewsMaplin invests £40m to improve business
New chief executive John Cleland to drive ecommerce and boost store numbers by 50%.
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NewsGrocer Iceland puts service centre stage
Iceland managers are to present to the board this week the early findings of a big customer feedback programme designed to enable improved levels of service at the frozen food specialist.
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AnalysisDunelm: What the analysts say
Dunelm’s fourth quarter performance has exceeded expectations as it benefitted from the wet weather, leading some anaylsts to increase full-year pre-tax profit forecast to £96m.
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NewsSavers almost back in black after turnaround
Value health and beauty retailer Savers, sister company to Superdrug, is heading back into the black for the first time since 2005 as it concludes a four-year turnaround plan.
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NewsDebenhams to launch next day delivery in online revamp
Department store chain Debenhams will launch next day delivery in 2013 to help drive online sales.
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NewsDunelm like-for-likes soar as wet weather boosts sales
Dunelm like-for-likes surged 10.4% in the 13 weeks to June 30 as wet weather boosted footfall in Dunelm’s stores.