Latest finance news – Page 249
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NewsMamas & Papas reveals festive sales rise
Mamas & Papas has reported an increase in like-for-like sales over the Christmas period, with personal shopping playing a key role.
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NewsPoundland hunted by private equity as Bond eyes buyout
Poundland is being circled by a host of private equity firms amid boss Andy Bond mulling a potential management buyout.
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NewsThe Range founder eyes £2bn listing for discount chain
The Range’s founder Chris Dawson is in talks with investment banks about a £2bn London flotation of the value retailer he founded 30 years ago.
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NewsSelfridges posts record Christmas as stores draw shoppers
Selfridges has unveiled a record Christmas performance, highlighting the polarised fortunes of department stores over the peak trading period.
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NewsAgenda: Dixons Carphone, WHSmith, Asos and more
Retail Week looks ahead to the next seven days, with updates from Dixons Carphone, N Brown, Pets at Home, WHSmith and Asos on the agenda.
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NewsCarpetright boss Wilf Walsh: ‘It’s not Armageddon’
Carpetright chief executive Wilf Walsh insists that the retailer is “better positioned than most” to survive a prolonged consumer downturn.
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NewsBonmarché sales sink as golden quarter fails to deliver
Bonmarché has reported plunging sales during the golden quarter, with the festive period dragging down its half-year performance.
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NewsCarpetright issues profit warning after poor Christmas
Carpetright has issued a profit warning following a post-Christmas trading period that was “significantly behind expectations”.
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NewsSuperdrug Christmas sales spike spurred by brow kits
Superdrug has recorded an upsurge in its festive sales bolstered by ‘the selfie generation’ as shoppers snapped up highlighter and brow products.
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NewsPrimark like-for-like sales climb over Christmas
Primark has unveiled an increase in total and like-for-like sales over Christmas.
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NewsHalfords posts Christmas sales rise as new boss starts
Halfords has reported an uplift in Christmas sales but cautioned that the trading environment remains subdued.
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NewsBurberry’s UK sales fall as it faces tough comparatives
Burberry group like-for-likes edged up 2% over the golden quarter, but tough comparatives led to a high single-digit percentage sales fall in the UK.
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NewsThe Works celebrates record Christmas performance
The Works has hailed its “strongest ever” Christmas trading performance, notching up record growth both in stores and online.
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NewsMobile makes up bulk of soaring Yoox Net-a-Porter sales
Luxury etail group Yoox Net-a-Porter’s sales jumped 11.8% (16.9% based on constant currency) to €2.1bn in 2017.
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NewsDunelm registers rise in golden quarter revenues
Dunelm has hailed an increase in sales and market share during its golden quarter, despite margin pressures.
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NewsShop Direct names interim CEO as Christmas sales spike
Shop Direct has named group finance director Derek Harding as its interim chief executive following a spike in Christmas sales.
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NewsJD ups profit guidance after ‘encouraging’ Christmas
JD has edged up its full-year profit forecast off the back of “encouraging” trading during the crucial Christmas period.
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NewsYours Clothing Christmas sales up as online surges
Plus-size retailer Yours Clothing has reported rocketing sales, driven by an uptick in its ecommerce revenues.
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NewsThe Fragrance Shop unveils Christmas sales boost
The Fragrance Shop has reported an uptick in festive like-for-like sales, which it has put down to high demand for luxury scents and gift sets.
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NewsMatalan claims festive success amid ‘volatile’ market
Matalan unveiled an uptick in festive profits and sales driven by the success of its online division.