Latest finance news – Page 19
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NewsUniqlo parent company ups profit forecast as it gears up for another ‘record’ year
Uniqlo’s parent company Fast Retailing has reported rising sales and profits during the first half and upped its full-year guidance as it gears up for yet another “record” year of trading.
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NewsShein gets green light from UK regulators for London IPO
Shein has reportedly been given the green light from Britain’s Financial Conduct Authority to float in London.
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NewsTesco’s Ken Murphy unveils plans for a potential price war and Trump tariffs turmoil
Despite reporting incredibly strong trading figures for the last financial year, Tesco slashed its profit forecast for the coming year. Is the supermarket giant being overly cautious though?
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NewsThe Very Group completes refinancing
The Very Group has refinanced £598m through issuing privately placed senior secured notes due in August 2027.
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NewsTesco expects lower profits next year as it records highest market share in years
Tesco has said it expects next year’s profits to be lower after recording its highest market share in nearly a decade.
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NewsMarks Electrical revenue grows as it pivots back to ‘premium focus’
Marks Electrical has recorded an uplift in revenue and said it is “actively pivoting” back to its “historically successful premium focus” to drive better margin performance.
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NewsJD Sports holds firm on outlook but warns of uncertainty over tariffs
JD Sports said it has started the year “in line with expectations” but warned that its guidance for the 2026 financial year excludes the pending impact of changes to tariffs amid a “volatile” trading environment.
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NewsBoots sees increase in sales in second quarter
Boots UK sales were up 1.6% in the three months to February 28, 2025, versus the year before.
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NewsLush losses widen and it expects to pass on tariff costs to US customers
Lush has reported widening losses and said it anticipates passing the tax from tariffs on to American shoppers.
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NewsClintons returns to profit following period of distress
Card and gifting retailer Clintons has returned to profit after a period of distress that included a restructuring plan and store closures.
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NewsUK shoppers expected to spend over £2bn during Easter
UK shoppers are set to spend over £2bn over the upcoming Easter bank holiday weekend, according to GlobalData research.
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NewsTrump frames tariffs as economic ‘medicine’ as markets tumble
“I don’t want anything to go down. But sometimes you have to take medicine to fix something,” Trump said.
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NewsJigsaw has a new majority shareholder after securing £5m fresh funding
Fashion retailer Jigsaw has secured a fresh multimillion-pound cash injection from Carphone Warehouse co-founder David Ross.
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NewsGuess announces new CFO
The US-based retail business announced that Alberto Toni is expected to take the role in mid-June.
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NewsTHG completes refinancing package
The ecommerce company has completed debt refinancing through to December 2029.
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NewsCo-op ready to ‘stand and fight’ against inflationary pressures
The Co-op says the work it has done over the last few years to offset costs and strengthen its balance sheet means it’s now ready to “stand and fight” in any potential price war.
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NewsNew Look owners invest £30m to ‘supercharge’ digital transformation
New Look chief executive Helen Connolly has “never been more excited about the future” of the business after its owners invested £30m to fuel its ambitious growth plans.
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NewsCo-op profits soar as it targets growth despite rising costs ahead
C-store specialist the Co-op’s profits have rocketed for the full year as it hails strategic progress and “right-sizing” of business starting to pay off.
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NewsMoonpig hails ‘strong’ performance as profits and sales grow
Online greetings card and gifting retailer Moonpig has hailed a “strong performance” as sales and profits continue to grow.
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NewsCurrys lifts profit guidance once again
Electricals giant Currys has lifted its profit outlook for the full year again.