All City & finance articles – Page 49
-
NewsSosandar has unveiled its first UK store locations after posting ‘robust’ results
Online fashion retailer Sosandar has revealed where it will open its first bricks-and-mortar shops as it shifts to a multichannel model.
-
NewsB&M has posted a quarterly sales rise but its UK like-for-likes fall
Value general merchandise and food group B&M has reported a rise in sales, although like-for-likes fell at the core UK business.
-
NewsOcado claims its ‘online shift’ has resumed as its performance improves
Tech and online grocery giant Ocado has reported “good progress” in its interim results and increased earnings guidance.
-
NewsTala has raised £5m in investment as it eyes international expansion
Activewear brand Tala has secured a new round of funding as it looks to expand into international markets as the demand for athleisurewear continues to grow.
-
NewsBurberry has replaced its chief executive after warning on profits
Embattled luxury retailer Burberry has ousted its chief executive Jonathan Akeroyd after warning on profits.
-
AnalysisWhat to look out for in Ocado’s interim results amid its dispute with M&S
Ocado Group will hope to settle investor jitters when it publishes half-year results on Tuesday, pointing to a strong start to the year and economic green shoots – but all eyes will be on the performance of its Retail arm and the ongoing dispute with M&S
-
NewsCarpetright is on the brink of administration with 2,000 jobs at risk
Carpetright is likely to be sold in a pre-pack administration as it teeters on the brink of collapse, putting around 2,000 jobs at risk.
-
NewsSuperdry will delist from the London Stock Exchange next week
The delisting follows the approval of its restructuring plan by shareholders last month.
-
Opinion‘Nike’s D2C woes highlight the perils of overlooking retailers and their strengths’
Cutting so many retailers out of the supply chain was a classic case of Nike cutting off its nose to spite its face, says George MacDonald
-
NewsA British tycoon is nearing a deal to buy The Body Shop
A British Tycoon is said to be close to securing a deal to buy The Body Shop out of administration.
-
NewsShein is launching a circularity fund as a decision on its IPO looms
Shein is launching a circularity fund as it looks to tackle fashion waste following criticisms over its supply chain and sustainability standards.
-
NewsPepco revenues have dipped after supply chain disruption
Variety discount retailer Pepco has recorded a dip in like-for-like revenues as “company-specific issues” impacted sales.
-
NewsHolland & Barrett sales have risen after a year of ‘excellent progress’
Holland & Barret has reported a growth in sales in all markets driven by investment in stores, technology and new product development as part of its transformation strategy.
-
NewsNeptune is back in the black following a shake up of its management team
Neptune, the interiors brand chaired by former River Island CEO Will Kernan, is back in profit, Retail Week can reveal.
-
NewsSuperdrug increases market share as profits and sales jump
Superdrug has grown market share for the third straight year. A focus on price and adding new stores has led to a jump in both pre-tax profits and sales.
-
NewsShein tax ‘loophole’ is a concern, says new business secretary
The newly appointed business secretary has warned that the tax “loophole” being exploited by Shein is a cause for concern.
-
NewsStore openings and concerts contribute to ‘strong’ first half at O2 Outlet
Outlet Shopping at The O2, previously known as Icon Outlet, has reported a “strong” first half as a result of new store openings and concerts driving footfall.
-
NewsEU plans to impose customs duty may hurt Shein’s London float goals
The European Union’s plans to impose a customs duty on cheap goods would impact imports from online retailers and Shein’s London listing, The Guardian has reported.
-
NewsTopps Tiles suffers sales fall amid ‘challenging’ market
Specialist retailer Topps Tiles has reported a fall in quarterly sales but maintains it is outperforming the market.
-
NewsShoe Zone blames profit warning on poor weather and Red Sea
Footwear retailer Shoe Zone issued a profit warning today as the combination of weakened demand and ongoing Red Sea challenges take their toll.