Latest finance news – Page 251
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NewsMoss Bros cautions on profits as festive footfall drops
Moss Bros has cautioned profits will come in below market expectations after “lower than anticipated” footfall during the crucial Christmas trading period.
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NewsQuiz toasts bumper sales in first Christmas since IPO
Fast fashion retailer Quiz, which floated last year, said rocketing online sales bolstered its first golden quarter as a listed company.
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NewsLidl hails Christmas sales spike amid rapid expansion
Lidl has posted a spike in revenues during December as sales of its premium ranges, alcohol and Christmas staples drove performance.
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NewsSuperdry sales jump as digital strategy bears fruit
Superdry revealed bumper Christmas sales and a jump in half-year profits as its “disruptive” multichannel approach starts to pay off.
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NewsTed Baker fashions Christmas sales rise
Ted Baker has unveiled strong Christmas sales driven by online and continued international expansion.
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NewsSainsbury’s ups profit forecast as festive sales rise
Sainsbury’s expects full-year profits to come in “moderately ahead” of consensus after posting an increase in sales during the golden quarter.
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NewsMorrisons’ Potts: Premium festive lines ‘hit the spot’
Morrisons boss David Potts has hailed the impact of its premium ‘Best’ ranges as the grocer posted a consensus-busting jump in Christmas sales.
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NewsRyman Christmas sales jump as Boux Avenue falls
Theo Paphitis’ stable of retailers recorded mixed performances in the run-up to Christmas as Ryman and Robert Dyas’ sales increased and Boux Avenue’s dropped.
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NewsFat Face reveals earnings rise and Christmas sales climb
Fat Face has reported a rise in first-half earnings and “strong” Christmas trading.
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NewsMajestic uncorks Christmas like-for-like sales advance
Majestic Wine has reported “robust” Christmas trading and that it is on track to meet full-year expectations.
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NewsTopps Tiles posts quarterly like-for-like sales increase
Topps Tiles generated a like-for-like sales rise of 3.4% in its first quarter and reported continued strategic progress.
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NewsMorrisons Christmas sales rise amid price investment
Morrisons has posted a jump in sales during the crucial Christmas trading period as investments in sharpening prices and improving availability bore fruit.
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NewsJoules posts Christmas sales surge in-store and online
Joules has unveiled a “strong” Christmas performance when revenues rose across the business.
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NewsRetail administrations skyrocket to five-year high
The rate of retail insolvencies increased in 2017, driven by a dramatic uplift in the number of administrations from larger retailers.
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NewsNew Look under pressure as supplier insurance cover cut
New Look has been dealt a fresh blow as a credit insurer has stopped selling its suppliers cover against insolvency.
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NewsMothercare warns on profits as like-for-likes tumble
Mothercare has become the second major retailer to issue a profit warning in its festive update, following Debenhams’ lead last week.
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NewsAgenda: Festive updates from 18 major retailers
Retail Week looks ahead to the next seven days, with festive updates from 18 major retailers on the agenda.
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NewsOffice defies 'tough' market as profits improve
Office has hailed an improvement in full-year profitability despite “tough” trading conditions in the UK market.
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NewsGear4Music sales spike during golden quarter
Gear4Music has registered a spike in sales during the golden quarter as its proposition struck a chord with a growing number of customers.
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NewsSteinhoff loses another executive as finance boss exits
Steinhoff’s finance boss has become the latest executive to step down from the embattled business in the wake of its accounting scandal.