All City & finance articles – Page 9
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NewsPret sees global double-digit sales growth
Food-to-go chain Pret a Manger has reported a double-digit sales growth across its global company-owned and franchise shops.
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NewsShein accused of reducing UK tax by moving income to Singapore
Fast fashion giant Shein has been accused of transferring the “vast bulk of income” to its parent Singaporean company in order to reduce its tax bill in the UK.
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NewsHMV owner and WHSmith buyer eye up Claire’s deal
The buyer of WHSmith’s high street arm, Modella Capital, and HMV tycoon Doug Putman are potential buyers of bust retailer Claire’s Accessories.
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NewsAmazon pays £1bn in UK tax
Amazon has revealed it paid £1bn in direct taxes to the UK in 2024, as revenues continued to rise.
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NewsHolland & Barrett unveils transformation of beauty category
Holland & Barrett has upgraded its beauty category with a major transformation as part of its broader strategy to provide an elevated customer experience backed by science.
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NewsCurrys announces £50m share buyback as B2B, gaming and AI drive growth
The electronics retailer posted a 3% like-for-like revenue increase in the 17 weeks to August 30, 2025, in its UK and Ireland business versus the same period in 2024.
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NewsOnline Home Shop sales soar as shoppers hunt for bargain homewares
Online Home Shop, a family-owned ecommerce homeware retailer, has seen sales soar during the first half of its financial year as shoppers sought out cheaper ways to improve their homes, Retail Week can reveal.
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NewsWatches of Switzerland defies Trump tariffs with strong US trading
Watches of Switzerland has reported strong trading in the United States, despite the Trump administration’s levelling of increased tariffs on Swiss imports.
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NewsCo-op names new growth director in senior leadership shake-up
The Co-op has named a new growth director and promoted its food chief executive to a new position, as part of a major leadership team shake-up announced this morning.
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NewsSweaty Betty axes jobs as it makes return to profit
Fashion and athleisure brand Sweaty Betty has cut its workforce as it makes its first return to profit since 2021.
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NewsRecord-breaking UK summer heat drives garden sales
It may now be the rain getting your garden wet, but the hot summer in the UK helped drive bumper sales in the garden category. That includes a 140% year-over-year spike in sprinkler sales
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NewsFrasers Group names former audit watchdog head as new chair
The former head of the Financial Reporting Council has been appointed by Frasers Group as its new chair.
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NewsBoots ‘well positioned for future’ following Sycamore deal
Health and beauty giant Boots is “well positioned for the future”, its bosses maintained as a new ownership structure takes effect.
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NewsAsda enjoys best like-for-like quarter in over a year
Asda has reported a drop in total and like-for-like sales, but enjoyed its best like-for-like quarter in over a year. While now over, its IT upgrade also continues to affect product availability and will impact sales in the current quarter.
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NewsJD Sports underlying sales slip as it maintains cautious outlook due to tariffs
JD Sports has said it “remains cautious” on its outlook as indirect impacts of tariffs, tough trading conditions and strains on consumer finances persist.
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NewsDebenhams Group eyes PrettyLittleThing sale to balance its books
Debenhams, formerly the Boohoo Group, has announced that it is exploring the possibility of offloading struggling brand PrettyLittleThing to balance its books.
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NewsPoundland wins go-ahead for restructuring plan from High Court
Value retailer Poundland has been given a green light to restructure, providing a lifeline as it launches a revival strategy.
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NewsNew Look owner taps up Rothschild as it mulls potential sale
The owners of fashion chain New Look have appointed Rothschild to conduct a review of the business, as it mulls a potential sale.
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Chart of the WeekHealth and beauty deals dominate as global retail M&A slows
The surging wellness economy has helped make health and beauty the most in-demand consumer sector for M&A dealmakers, according to new figures from AlixPartners.
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NewsRevolution Beauty co-founders return after struggle to find new buyer
Revolution Beauty will see the return of its co-founders to “reset” the business after it couldn’t find a buyer during a formal sales process.