Latest finance news – Page 143
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NewsThe Hut Group boss aims to double beauty brands in acquisition drive
The Hut Group chief executive Matt Moulding has said we would like to double the number of beauty brands the business owns in the next two years.
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NewsAdministrators agree sale of Edinburgh Woollen Mill and Ponden Home
Administrators have struck a deal to save two of Philip Day’s remaining brands Edinburgh Woollen Mill and Ponden Home.
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NewsBooths enjoys strong Christmas trading driven by turkey and alcohol sales
Family-owned supermarket Booths reported strong sales over the Christmas period driven by sales of turkey crowns and alcohol.
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NewsMoonpig eyes float after strong lockdown trading
Moonpig’s mooted £1bn float on the London Stock Exchange is set for liftoff after the pureplay announced its intention to publish a registration document today.
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NewsKingfisher expects profits at top end of range after strong fourth quarter
Home and DIY giant Kingfisher has said it expects full-year profits to be at the top end of its £667m to £742m estimate, following continued strong trading in its fourth quarter.
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NewsData: Coronavirus restrictions lead to record low retail spend in 2020
The effects of the coronavirus pandemic and associated restrictions on the retail sector have been laid bare, with customer spending across the year down to record lows.
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NewsDr Martens laces up for stock market debut
Dr Martens owner Permira is planning an IPO for the iconic footwear retailer this year.
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NewsTrump’s tie-maker joins fight for Arcadia
US clothing firm G-III Apparel has reportedly joined the battle to take over Sir Philip Green’s Arcadia empire.
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NewsStudio reports ‘outstanding’ Christmas as customers turn to value
Studio Retail has recorded an “outstanding” golden quarter after customer numbers soared.
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NewsJD Sports raises profit guidance as sales soar
Enforced store closures did little to dampen sales at JD Sports with the retailer raising its profit expectations for the full year.
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NewsPets at Home ups profit guidance as Christmas sales soar
Pets at Home has raised its full-year profit guidance after hailing further “momentum” during the golden quarter.
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NewsMarks & Spencer golden quarter sales slide as Covid restrictions bite
Marks & Spencer has suffered a slump in sales during the golden quarter as trading restrictions sparked by the coronavirus crisis hindered its performance.
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NewsDebenhams closes Irish online business as retailers face new Brexit tariffs
Department store chain Debenhams has been forced to close its digital Irish business to avoid tariffs now required under the Brexit deal.
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NewsBoots first-quarter profits slide despite online sales surge
Boots has reported a further decline in its quarterly profits and sales, despite its online sales more than doubling year on year.
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NewsTapi Carpets set to register first-ever profit
Tapi Carpets has recorded strong sales growth in its second half, leading to the retailer’s first-ever profit for 2020.
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NewsJoules Christmas sales bolstered by online
Fashion and lifestyle brand Joules was propped up this Christmas by its online business.
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NewsB&M awards staff bonuses after strong golden quarter
B&M Bargains has registered a strong uplift in revenues during the festive period as more consumers sought value for Christmas.
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NewsSainsbury’s Christmas sales rise as online orders double
Sainsbury’s has recorded an increase in like-for-like Christmas sales with more customers than ever placing online orders for the festive season.
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NewsBoots owner sells wholesale healthcare business for £4.8bn
Walgreens Boots Alliance has agreed a $6.5bn (£4.8bn) deal to sell its Alliance Healthcare wholesale business in order to focus on its retail operations.
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NewsTopps Tiles flags margin pressure as new lockdown begins
Topps Tiles achieved strong sales growth in its first quarter but expects sales to be hit by the latest coronavirus lockdown.