Latest finance news – Page 273
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NewsBreakfast briefing: Body Shop, BHS and more
Retail news round-up: The Body Shop sold to Natura; Green sold BHS to avoid pension liabilities; and Net-a-Porter unveils new tech hub.
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NewsFindel losses widen despite sales growth
Express Gifts owner Findel has slipped further into the red, despite hailing an increase in sales.
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NewsCarpetright profits plummet amid strategic investments
Carpetright has suffered a slump in full-year profit after strategic investments and the fall in the value of the pound dented its bottom line.
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NewsDebenhams warns of 'market volatility' as sales fall
Debenhams has cautioned that full-year profits could be “towards the lower end” of market expectations as it grapples with turbulent trading conditions.
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NewsBreakfast briefing: Tesco, consumer confidence and more
Retail news round-up: Tesco offers one-hour delivery service; British consumer confidence drops; and supermarket watchdog functions without compliance manager.
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NewsToday in retail: More to come from Holland & Barrett?
Holland & Barrett has found itself a new home in the shape of L1, but is there More to come from the health food business?
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NewsTheo Fennell buys back business he founded
Jeweller Theo Fennell has been acquired by its founder, backed by a division of private equity turnaround specialist Endless.
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NewsSainsbury’s aims to sweeten deal for Nisa members
Sainsbury’s hopes to head off a possible rebellion over its acquisition of Nisa by enabling member shopkeepers to retain their independence after the deal.
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NewsHolland & Barrett sold to L1 Retail for £1.8bn
Holland & Barrett has been sold to investor L1 Retail for £1.8bn.
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NewsBreakfast briefing: Holland & Barrett, Sainsbury's and more
Retail news round-up: L1 Retail to buy Holland & Barrett for £1.8bn; Nisa members unhappy with Sainsbury's takeover; and Simggle plans expansion in the UK.
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NewsM&S fashion boss misses out on £1.7m Halfords bonus
Marks & Spencer’s new clothing chief Jill McDonald will miss out on £1.7m of bonuses after stepping down from her current role as boss of Halfords.
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NewsFund linked to ex-Argos boss eyes Holland & Barrett bid
A private investment firm advised by former Home Retail boss John Walden and ex-Lidl chief Karl-Heinz Holland is among potential buyers circling Holland & Barrett.
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NewsAgenda: Dixons Carphone, Carpetright and Findel update
Retail Week looks ahead to the next seven days, with updates from Dixons Carphone, Carpetright, Debenhams and Findel on the agenda.
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NewsFarfetch teams up with etail giant JD.com in China push
Fashion etailer Farfetch has struck a deal with Chinese giant JD.com to create the “premier platform for luxury ecommerce across China”.
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NewsSuperdrug owner eyes bid for Holland & Barrett
Asian health and beauty giant AS Watson, owner of Superdrug, Perfume Shop and Savers in the UK, has made an indicative offer for Holland & Barrett.
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NewsBreakfast briefing: Burberry, Whole Foods and more
Retail news round-up: Burberry chairman to quit; Whole Foods staff concerned about job losses amid Amazon takeover; and AS Watson eyes Holland & Barrett.
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NewsQueen’s speech is encouraging for retail, says BRC boss
The Queen’s speech was primarily focused on Brexit, which BRC chief executive Helen Dickinson said would be “the retail industry’s biggest priority”.
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NewsToday in retail: Amazon refashions the retail industry
Amazon – in its second audacious move in less than a week – unveiled a new function today that threatens to shake up the online fashion world as we know it.
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NewsMajestic Wine operations director Farnworth to exit
Majestic Wine retail operations director Rob Farnworth is leaving the business after 18 months in the role, Retail Week can reveal.
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NewsN Brown sales advance but store closures planned
N Brown has posted a 5.6% jump in sales during its first quarter, driven by a strong performance in its ladieswear category.