Latest finance news – Page 221
-
NewsSports Direct reveals first-half profits boost
Sports Direct has reported a rise in first-half earnings but cautioned that there will be “significant challenges” in turning around House of Fraser.
-
NewsOcado posts fourth-quarter sales rise as orders increase
Ocado has reported a 12% increase in sales during its fourth quarter.
-
NewsBonmarché warns on profits as Brexit fears take toll
Fashion retailer Bonmarché has warned that it may plunge into loss this year in “unprecedented” trading conditions.
-
NewsFarfetch acquires online marketplace Stadium Goods
Farfetch has struck a deal to acquire upscale sneaker and streetwear online marketplace Stadium Goods.
-
NewsCath Kidston losses widen due to weak pound
Cath Kidston recorded increased full-year losses despite a rise in sales and “significant growth in ecommerce”.
-
NewsSuperdry profits plunge prompts full-year warning
Superdry profits plunged 49% in its first half as the fashion retailer warns on full-year earnings and steps up its transformation plan.
-
NewsDixons Carphone posts £440m loss as Baldock reveals strategy
Dixons Carphone boss Alex Baldock has set out his strategy to focus on online and credit as it dials up a £440m half-year pre-tax loss.
-
NewsSainsbury's-Asda seeks judicial review of CMA merger probe
Sainsbury’s and Asda will today lodge an application with the Competition Appeal Tribunal for a judicial review of the Competition and Markets Authority’s investigation into their proposed merger.
-
-
NewsMarks & Spencer appoints Sainsbury's saviour King to board
Former Sainsbury’s chief executive Justin King is to join the board of Marks & Spencer as a non-executive director in the new year.
-
NewsPoundstretcher profits decline as sales dip
Poundstretcher’s full-year profits have fallen by a quarter as it looks to rejig its store estate to focus on larger retail park leases.
-
NewsCarpetright unfurls to a loss in 'transitional year'
Carpetright has recorded a pre-tax loss and declining sales at the interim mark as restructuring costs bite.
-
-
-
NewsAgenda: Carpetright, Dixons Carphone, Ocado and Sports Direct
Retail Week looks ahead to the next seven days with updates from Dixons Carphone, Carpetright, Superdry, Ocado and Sports Direct.
-
NewsPrimark warns of 'challenging' November amid 'tough' market
Primark’s parent company Associated British Foods will warn of “challenging” trading in November at its AGM today.
-
-
NewsSales slip as under-pressure Ted Baker launches hugging probe
Ted Baker sales slipped 0.2% in its last quarter and it has hired law firm Herbert Smith Freehills to investigate workplace harassment claims.
-
-
NewsDobbies profits wither as it plants 'foundation for growth'
Dobbies Garden Centres has announced a droop in full-year sales and profits – but said the results put the retailer in a strong position for growth.