All City & finance articles – Page 522
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NewsSports Direct to battle on for stakes
Sports Direct has vowed to fight on for ownership of stakes in rival retailers after apparently losing control of them to the administrator of collapsed Icelandic bank Kaupthing.
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NewsCath Kidston offers signal new appetite for deals
Homewares and fashion specialist Cath Kidston – the trendy brand viewed as the Laura Ashley of the noughties – is understood to have received a number of unsolicited approaches from potential buyers.
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NewsDebenhams to restart store revamps after sales stabilise
Debenhams is to resume its store refurbishment programme after revealing sales stabilised last year.
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OpinionIs Matalan really worth £1.5bn?
Would you buy a business from John Hargreaves? For the sake of clarity, that’s as much a compliment to him as it is a caution to others.
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NewsThreshers owner First Quench Retailing goes into administration
Threshers owner First Quench Retailing has plunged into administration.
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NewsInvestors buy into £100m JJB Sports fundraising
JJB Sports has reported that its £100m fundraising has been successful, putting the embattled business on a firmer financial footing.
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NewsBlacks focuses on restructuring as losses mount
Outdoors specialist Blacks Leisure has suffered a steep decline in first-half profits but said it is making progress with restructuring, details of which are being finalised.
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NewsCarpetright delivers better than expected first half
Carpetright like-for-like sales in the UK and Ireland increased 3.5% in the 25 weeks to October 24 after an improvement in the second quarter.
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NewsTPG nets £500m from Debenhams exit
Private equity group TPG has cashed in its remaining stake in Debenhams, the department store group whose buy-out it funded in 2003.
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NewsThreshers owner on the brink of administration
Threshers owner First Quench is on the brink of going into administration, Retail Week has learned.
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NewsSports Direct loses stakes in rivals
Sports Direct has lost its stakes in rivals JD Sports Fashion and Blacks Leisure as the administrator of collapsed Icelandic bank Kaupthing took control of the holdings.
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NewsFloors-2-Go seeks new investment to fund expansion
Floors-2-Go is close to securing new investment, and is thought to be looking to acquire up to £5m to fund expansion.
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NewsMatalan considers £1.5bn sale
Discount retailer Matalan is considering a £1.5bn sale after receiving a number of expressions of interest.
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NewsGovernment mulls concession on VAT
The Government is to consider granting retailers extra time to update price labels in stores when the VAT rate reverts to 17.5% on January 1.
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OpinionA touch of Qatar
Just when we thought a year might pass without talk of a bid for Sainsbury’s, the Qataris are back in business.
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NewsMothercare to extend Indian stores network
Mothercare has signed a second joint venture in India, with DLF Brands, the retail division of a local property giant, to accelerate its expansion there.
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NewsWHSmith nets second-half profit for first time in decade
Bookseller and stationer WHSmith delivered better than expected full-year results, revealing it had been profitable in its second half for the first time in more than 10 years.
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NewsFlying Brands sales flourish in third quarter
Strong sales at Flying Brands’ gardening business helped keep revenues at the home shopping group in line with expectations in the three months to October 2.
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OpinionBig screen should boost HMV
The curtain rises on the latest phase of HMV’s reinvention today, with the opening of its first cinema in partnership with Curzon.
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NewsArgos to undergo brand revamp
Catalogue store group Argos is to revamp its brand, including its logo, to reflect how the business has changed in recent years.