Latest finance news – Page 192
-
NewsMike Ashley joins race for Links of London
Mike Ashley is continuing his high street retailer shopping spree and has his sights set on Links of London.
-
NewsJD Sports sales and profits surge, driven by fashion
JD Sports has posted an increase in sales and profits at its half-year results bolstered by an improvement in sports fashion sales.
-
NewsIntu circled by buyout firms as it faces £1bn debt crunch
Retail property giant Intu is reportedly being considered for a private equity buyout by Orion Capital Managers.
-
NewsPrimark full-year sales rise driven by bricks-and-mortar expansion
Primark has recorded an uplift in full-year sales across the UK, Europe and the US as the fashion retailer’s expansion drive offset like-for-like declines.
-
NewsNaked Wines shareholders approve Majestic sale
Naked Wines shareholders have rubber-stamped plans to sell the Majestic Wine business to US private equity firm Fortress.
-
NewsAgenda: John Lewis, Primark, JD Sports and Morrisons update
Retail Week looks ahead to the next seven days with updates from John Lewis, Primark, Morrisons and JD Sports all on the agenda.
-
NewsArcadia reports massive losses as scale of group’s problems revealed
Arcadia posted large losses and sales fell, while costs occurred from its battle with landlords bit into profitability, its latest full-year accounts disclose.
-
NewsDixons Carphone shareholders revolt over executive pay
Dixons Carphone has said it will consult with its shareholders after being hit with a stinging revolt over the pay of its leadership team.
-
NewsBoohoo raises full-year guidance after ‘strong revenue growth’
Fast-fashion etailer Boohoo has grown faster than expected this year and expects sales to exceed previous guidance.
-
NewsBoden boss Jill Easterbrook to step down at year-end as profits rise
Boden chief executive Jill Easterbrook will step down at the end of the year as the retailer warns that current trading has been hit by “ongoing consumer uncertainty”.
-
NewsDixons Carphone sales rise despite struggling mobile division
Dixons Carphone has posted increased like for likes during its first quarter as chief executive Alex Baldock said the retailer was “on track with trading this year”.
-
NewsAmazon pays £220m in UK taxes despite £11bn sales
Amazon paid just £220m in taxes in the UK last year, despite raking in £10.9bn from its sprawling British business.
-
NewsQuiz expects return to profit despite tough summer trading
Fashion retailer Quiz has said it expects to return to profitable growth in the medium term, despite reporting tough trading over the summer months.
-
NewsHalfords trims profit forecast amid summer sales slowdown
Halfords has trimmed its profit guidance for the second time this year after blaming poor weather and weak consumer confidence for a slump in sales.
-
NewsDunelm profits jump as it celebrates 40th year of trading
Dunelm has delivered “a strong performance” as sales and profits rise during its 40th year of trading.
-
NewsCourt hears Ashley wants to ‘eliminate’ Debenhams as rival
Sports Direct boss Mike Ashley wants to “eliminate a competitor” by backing a legal challenge to Debenhams’ CVA, the High Court heard.
-
NewsGreen prepares to split up Arcadia fashion empire
Sir Philip Green is plotting to separate retailers within the Arcadia group in a bid to offload different brands.
-
NewsAgenda: Dunelm, Halfords and Dixons Carphone update the market
Retail Week looks ahead to the next six days with updates from Dixons Carphone and Halfords on the agenda.
-
NewsSports Direct boss Mike Ashley faces growing shareholder revolt
A third proxy advisor has called for shareholders to vote against Mike Ashley’s re-appointment as chief executive of Sports Direct at its upcoming annual general meeting (AGM).
-
NewsShoe Zone issues profit warning as chief executive exits
Shoe Zone chief executive Nick Davis has resigned from his role as the retailer warns that full-year profits will be below expectations due to “tough high street trading”.