All City & finance articles – Page 7
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NewsNo more M&S clothing-only boutiques likely following pilot
Marks & Spencer does not expect to open any more clothing-only branches following a trial branch, Retail Week can reveal.
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AnalysisM&S boss Machin on cyber attack recovery, Budget blues and Christmas prospects
Marks & Spencer’s chief executive Stuart Machin warned that Budget concerns are spooking shoppers, but was optimistic about Christmas as he steers the retailer forward after a devastating cyber attack.
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NewsMarks & Spencer ‘regaining momentum’ after cyber attack hits profit
Marks & Spencer is “getting back on track” after a devastating cyber attack sent first-half profits down, but its clothing division is recovering more slowly than its food business.
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Opinion‘Retail’s future health hinges on finding the right partners to solve industry challenges’
As retailers seek to transform their businesses and take advantage of new technology, more collaborative thinking is essential. That’s why Retail Week has launched Solutions Spotlight, explains Charlotte Hardie
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NewsThe Perfume Shop enjoys strong sales from new boutique concept
The Perfume Shop said its new Boutique concept stores have “exceeded expectations” following strong sales of niche scents.
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AnalysisThe City’s verdict after ABF mulls potential Primark decoupling
After Primark-owner Associated British Foods made the shock announcement this morning that it was weighing up spinning off Primark, Retail Week judges the City’s verdict.
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NewsABF considers spinning off Primark from wider business
Food and retail giant Associated British Foods has today announced it is undertaking a review of its group structure with an eye to possibly splitting up its Primark and food businesses.
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NewsSpecsavers reports record turnover as it looks to global expansion
Specsavers has reported record turnover and growing profits as it focuses on reinvesting in its store estate and expanding internationally, Retail Week can reveal.
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AnalysisBudget 2025: How proposed changes to NI, VAT and pensions could affect retailers and consumers
Retail Week has spoken to retailers, economists and analysts to try and piece together what the impact of the Budget could be on both businesses and consumers
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NewsAsda confirms sale of Leon to founder
Supermarket giant Asda has today (October 31) confirmed the sale of Leon Restaurants to former co-founder John Vincent.
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NewsAmazon earnings beat estimates thanks to cloud services
The tech firm’s share price jumped after publishing its results for the quarter ending September 30, 2025
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NewsDune founder: ‘The UK is not an exciting place to do business’
Dune founder Daniel Rubin has criticised the government for failing to keep its promise to boost growth, stating: “The UK is just not an exciting place to do business.”
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NewsSuperdry back in the black despite ‘softer top-line sales’
Superdry has swung back to a profit for the financial year, as cost savings and reductions offset the drag of softer topline sales on revenues.
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Chart of the WeekChart: Next’s Q3 results are ahead of expectations
Next pointed to improved stock levels and strong marketing performance as the reason sales came in £76m ahead of guidance
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NewsWHSmith delays results as accounting investigation continues
Travel retail specialist WHSmith has moved its full-year results back as accountants review a profits overstatement at its flagship North American business.
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NewsNext upgrades profit guidance as sales soar
Next has again upgraded its full-year profit guidance, after soaring sales outstripped predictions for the third quarter.
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NewsFenwick slashes losses as focus on sales and margin builds momentum
Department store group Fenwick has delivered a significant improvement in financial performance, Retail Week can reveal.
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NewsOka losses narrow as premium homewares market proves ‘resilient’
Luxury homewares brand Oka has reported flat sales and narrowing losses for the year, with its chief executive highlighting the “resilience” of the premium end of the home market.
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NewsNew Weird Fish owner plots acquisition spree
The new owner of womenswear retailer Weird Fish is plotting a spending spree as it looks to build a portfolio of leading lifestyle and fashion brands.
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NewsVery Group delivers record earnings after ‘year of real progress’
The Very Group has hailed “a year of real progress” after it posted its highest EBITDA margin recorded in the online group’s 22-year history.