All City & finance articles – Page 513
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NewsCity backs ‘inspired’ choice for Morrisons chief exec role
The City has welcomed the appointment of Dalton Philips as chief executive of Morrisons, and many analysts expect the grocer to adopt a more aggressive growth plan.
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NewsCity backs Mothercare’s Boots tie-up
Mothercare and Boots have forged a strategic tie-up to create a clothing and accessories range.
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NewsNew Look reveals global ambitions as it lines up float
Fashion giant sets sights on expanding international presence as it aims to raise £650m through IPO
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NewsBurst of retail activity sends shares soaring
Retail sector excitement including boardroom musical chairs and details of the first IPO in years added some excitement to stores’ share prices, which outperformed the market.
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NewsCity still cautious about ‘badly bruised’ JJB Sports
JJB Sports’ latest trading update did little to cheer the City despite some signs of improvement.
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NewsNew Look management in line for bumper pay day
New Look’s management team is set to make millions of pounds from the retailer’s payment in kind (PIK) notes.
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NewsAdili suspends shares as future hangs in the balance
The future of ethical etailer Adili is unclear as it announced that its shares have been suspended after failing to secure finance for the company’s future.
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News
Card Factory appoints KPMG to advise on sale
Greetings card retailer Card Factory has appointed KPMG to advise on a sale of the business, which could fetch up to £400m.
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NewsSnow hits Carpetright sales
Carpetright group sales grew 7% in the 13 weeks to January 30 as snow last month hit sales.
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NewsNew Look confirms IPO
New Look has confirmed that it will float on the stock exchange, poised to value the fast fashion retailer at £1.7bn.
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NewsAnger over Marc Bolland’s M&S pay deal
Investors and shareholder advisory groups have criticised the pay package awarded to incoming Marks & Spencer chief executive Marc Bolland.
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NewsNew Look prepares for March IPO
New Look is preparing for an inital public offering in March that could value the fast fashion retailer at up to £2bn.
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NewsHMV acquires Mama Group
HMV has acquired Mama Group after receiving an adequate level of acceptance from the live music group’s shareholders.
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NewsJohn Lovering to make bid for DFS
Veteran retailer John Lovering has teamed up with private equity firm Permira to put together a deal for furniture retailer DFS valued at more than £500m.
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NewsNigel Northridge to succeed John Lovering as Debenhams chairman
Department store group Debenhams has named Nigel Northridge as its new chairman.
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OpinionSuperdry: A Super prospect?
Walk down any high street or into a bar and you’ll almost certainly see one brand in evidence - Superdry.
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NewsHome shopping retailer and supplier JML dodges recession
Home shopping retailer and supplier JML has said its niche products have cushioned it from the recession, with its home shopping arm driving the majority of its business.
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NewsJessops Plc delists as it moves to wind down
Jessops Plc officially delisted from the London Stock Exchange last week as shareholders voted to wind up the company after the core store business was sold to new company Snap Equity in September.
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NewsBeales prospects improve as it slashes losses
Department store chain Beales reported a resilient full-year performance and reduced pre-tax losses by more than a third.
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