Latest finance news – Page 219
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NewsHobbycraft fashions strong Christmas sales boost
Hobbycraft has recorded an upswing in festive sales across its shops and online spurred by in-store Christmas workshops.
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NewsRetail CVAs increase seven-fold in 2018
The number of large retailers launching company voluntary arrangements (CVAs) increased seven-fold last year, according to Deloitte.
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with festive figures from M&S, Tesco, John Lewis, Sainsbury’s and Morrisons all on the agenda.
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NewsDobbies Christmas sales bloom as shopper numbers rise
Dobbies has posted an increase in Christmas sales as the business cashed in on growing shopper numbers.
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NewsApple warns on profits, blames China sales slowdown
Apple has reduced its first-quarter sales forecast over the crucial Christmas trading period as boss Tim Cook said the business did not anticipate China’s “economic deceleration”.
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NewsNext posts Christmas sales rise, trims profit guidance
Next has recorded an increase in fourth-quarter sales as strong trading in the run-up to Christmas “made up for disappointing sales in November”.
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NewsJohn Lewis sales rise in crucial Christmas fortnight
John Lewis & Partners has posted an increase in sales during the final two weeks of December, boosted by a “very strong” Christmas Eve performance.
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NewsIceland faces £21m bill from HMRC over Christmas club
Iceland has been accused by HM Revenue & Customs of breaking minimum wage rules over a staff Christmas savings scheme.
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NewsSpecialist etailer Mahabis plunges into administration
Mahabis, regarded as a rising star of online retail, has collapsed into administration.
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NewsHMV collapse is ‘red flag’ on business rates, boss warns
HMV’s fall into administration throws into stark relief the urgent need for business rates reform, its boss has said.
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NewsHMV enters administration amid 'tsunami' of challenges
HMV has slumped into administration for the second time in six years, blaming its collapse on a “tsunami” of retail challenges.
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NewsSuperdry shares rise as Dunkerton fights for business
Superdry shares rose 8% yesterday as founder Julian Dunkerton battled for a voice in the future of the company he founded.
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NewsNew Look considers debt-for-equity swap
New Look is mulling ways to cut its £1.3bn debt as it seeks to restore its financial fortunes.
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NewsSuperdry founder Dunkerton considers EGM challenge
Superdry co-founder Julian Dunkerton hopes to call an extraordinary general meeting to win a seat on the retailer’s board.