Latest finance news – Page 17
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NewsAmazon secures first quarter growth despite tariff uncertainty
Amazon posted strong first-quarter growth for 2025, exceeding Wall Street expectations for now three quarters in a row.
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NewsApple exceeds forecasts as consumers stock up amid tariff chaos
Apple saw iPhone sales climb as wary consumers rushed to secure new iPhones before Trump’s tariffs impact prices.
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NewsSpace NK owner starts formal sale process
The owner of beauty chain Space NK has begun a formal sale process expected to be worth £300- £400m.
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NewsMarketplace OnBuy cites Trump’s tariffs for leap in UK sales
Online marketplace OnBuy has reported record sales figures and cites President Trump’s tariffs as one of the reasons for sales growth.
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NewsFrasers Group gears up for members-only Matches Fashion return
Mike Ashley’s Frasers Group is understood to be gearing up to relaunch collapsed luxury retailer Matches Fashion as an “exclusive members’ club”.
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NewsPuma to move UK HQ from London to Manchester
The German sportswear brand has agreed the lease of a 20,000 sq ft workspace at No.3 Circle Square, in the Oxford Road Corridor in Manchester.
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NewsTapi confirms opening dates for raft of former Carpetright stores
Tapi has confirmed the opening dates of seven new stores since its takeover of Carpetright.
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NewsBurberry begins search for new chair
British luxury group Burberry is using headhunters to find a successor to chair Gerry Murphy.
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NewsB&M names interim CEO as Russo departs
B&M group chief finance officer Mike Schmidt has been appointed as interim chief executive at the value retailer.
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NewsNew Post Office CEO extends in-branch cash services to 2030
Neil Brocklehurst was confirmed as the new Post Office CEO today, having been acting chief executive since September.
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NewsAdidas holds firm on guidance but warns of US tariff ‘uncertainties’
Sportswear giant Adidas has held firm on its guidance following a “strong” first quarter but warned of eventual price hikes and ongoing “uncertainty” within the market as a result of US tariffs and “macroeconomic risks”.
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NewsGymshark profits slip despite surge in sales in another ‘strong’ year of growth
Gymshark’s profits have slipped for the full year, despite a surge in sales that surpassed £600m for the first time.
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NewsPrimark sales grow in key markets but decline in UK and Ireland
Primark has reported a sales decline in the UK and Ireland, but the rest of its key markets showed growth.
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NewsTHG revenue slips following Ingenuity demerger
THG has reported a decline in sales following its demerger from the group’s technology division, Ingenuity.
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NewsVinted delivers leap in sales and profit as it launches in new markets
Second-hand marketplace Vinted has recorded a large increase in sales and profit as it continues to expand into new categories and markets.
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NewsFood inflation rises in April as labour costs rise
Recent figures suggest that food price inflation is slowly creeping back up, according to the BRC-Nielsen shop price index.
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NewsOner Active sees ‘exceptional’ growth as sales nearly double
Women’s sportswear brand Oner Active has reported “exceptional” year-on-year growth as sales nearly double.
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NewsPoundland receives new takeover bid from Lakeland owner
Value giant Poundland has received two new takeover offers, according to reports.
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NewsHundreds of jobs potentially at risk at The Original Factory Shop
Owner Modella Capital is aiming to renegotiate rents at almost half of the company’s stores, according to a Sky News report.
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NewsUK retail sales keep rising, defying analyst expectations
Clothing and outdoor retailers cited good weather as the reason for a rise in sales volumes, which rose by 0.4% versus the previous month. Analysts had been expecting a 0.4% fall.