Latest finance news – Page 211
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NewsThe Entertainer buys Early Learning Centre from Mothercare
Toy specialist The Entertainer has acquired Early Learning Centre from Mothercare.
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NewsEve Sleep losses rise but turnaround plans make progress
Eve Sleep has reported increased full-year losses but said it now has a sustainable growth strategy.
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NewsFrench Connection returns to profit despite tough market
French Connection moved back into the black last year and talks are ongoing about a possible sale.
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NewsRetail Sector Council launches investigation into retail costs
The Retail Sector Council (RSC) has launched a new survey investigating costs burdening the industry such as business rates.
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NewsDebenhams in ‘advanced negotiations’ over £150m funding
Debenhams has said it is in “advanced negotiations” with existing lenders about obtaining an additional £150m worth of funding.
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NewsAgenda: Morrisons, DFS and French Connection update the market
Retail Week looks ahead to the next seven days, with Morrisons, DFS and the latest Brexit vote on the agenda.
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NewsMike Ashley seeks to cull Debenhams board
Sports Direct has mounted a fresh attack on Debenhams’ board with a bid to oust all remaining directors bar one and appoint Mike Ashley as an executive director.
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News
LK Bennett slumps into administration, 500 jobs at risk
LK Bennett has collapsed into administration putting around 500 jobs at risk.
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NewsJohn Lewis profits plunge in 'challenging year'
John Lewis Partnership has posted a steep fall in full-year profits as tough trading conditions took a toll on its eponymous department store business in particular.
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NewsQuiz slashes profit guidance as sales slide
Quiz has launched a review of its business after slashing its full-year profit forecast for the third time in just six months.
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NewsJack Wills swings to loss amid director exodus
Jack Wills swung to a full-year loss in its latest financial year as it battled to compete in a “highly competitive” clothing market.
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NewsDebenhams warns on profits as funding discussions continue
Debenhams has warned that profits are likely to come in behind expectations as it discusses funding options to restructure its balance sheet.
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NewsRetail sales hit by uncertainty around Brexit
Retail sales slipped in February as lingering Brexit uncertainty dented consumer spending.
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NewsFindel rejects Sports Direct takeover bid
Findel has rejected the £139m takeover bid that Sports Direct lodged earlier today.
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Sports Direct lodges £139m bid for Findel
Sports Direct has made a takeover bid for online retailer Findel, valuing the business at just under £140m.
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NewsSuperdry: Dunkerton’s return would lead to resignations
Superdry’s management has hit out at founder Julian Dunkerton’s move to call an emergency general meeting, designed to appoint him as a company director.
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NewsBetter Bathrooms tumbles into administration
Better Bathrooms has slumped into administration after suffering “severe cashflow difficulties”, sparking the loss of more than 320 jobs.
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NewsAgenda: John Lewis, Kantar Nielsen and BRC-KPMG
Retail Week looks ahead to the next seven days, with John Lewis Partnership, BRC-KPMG retail sales and the Kantar Nielsen grocery share data all on the agenda.
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NewsJulian Dunkerton musters support for Superdry coup
Superdry co-founder Julian Dunkerton has called on Superdry to hold a general meeting in a bid to convince shareholders to appoint him and Boohoo chair Peter Williams to the board.
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NewsLK Bennett to appoint administrators with 500 jobs at risk
LK Bennett has filed notice to appoint administrators, putting 500 jobs at the premium fashion retailer at risk.

















