Latest finance news – Page 275
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NewsHamleys’ chief financial officer Dunn to step down
Hamleys’ veteran finance chief Alasdair Dunn is to leave the toy retailer after 10 years in charge.
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NewsWHSmith travel stores drive sales advance
WHSmith has posted a rise in sales and expects to meet full-year profit expectations.
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NewsToday in retail: Retailers with staying power
With great power comes great responsibility – just ask the likes of Jeff Bezos, Seb James, Dave Lewis and Mike Coupe.
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NewsBHS: Retail Acquisitions’ liquidators appointed
Liquidators have been appointed to Retail Acquisitions, the consortium that owned BHS at the time that the retailer entered administration.
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NewsInflation hits highest rate for almost four years
Inflation hit its highest rate in almost four years in May, driven by rising prices of games, toys and hobbies.
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NewsJaeger creditors attack former owner Better Capital
Jaeger creditors who claim they are owed millions from the collapse of the heritage brand have bought shares in former owner Better Capital.
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NewsTed Baker sales continue to climb despite uncertainty
Ted Baker has fashioned a 14.2% group sales rise, despite an “uncertain macro environment”, as it drives its ecommerce business and ploughs ahead with global expansion.
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NewsBreakfast briefing: Next, Jaeger and more
Retail news round-up: Next to launch its own-label brand; Jaeger creditors to receive less than 2p in the pound; and Number of online grocery shopping increases.
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NewsLuxury etailer Farfetch eyes New York float
Online luxury retailer Farfetch is considering floating in New York and is reportedly seeking a $5b (£3.9b) valuation.
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NewsOcado unveils financing plans as profits rise
Ocado has revealed plans to raise hundreds of millions of pounds by launching bonds and extending its credit facility.
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NewsPhilip Day eyes Coast, Oasis and Warehouse
Retail tycoon Philip Day is reportedly looking at acquiring Coast, Oasis and Warehouse from the administrators of current owner Kaupthing.
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NewsMorrisons could face investor revolt over Potts' pay
Morrisons could face a shareholder backlash over executive pay at its AGM this week after a leading voting adviser recommended opposing its remuneration report.
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NewsNisa drafts in bankers to explore possible sale
Nisa Retail has drafted in bankers to advise over a potential sale of the business, according to reports.
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NewsBreakfast briefing: New Look, Tesco and more
Retail news round-up: New Look directors leave the company; Tesco to report continued growth in sales; and Charles Tyrwhitt's parent company reports surge in profits.
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Dixons Carphone sells Sprint stake to focus on Honeybee
Dixons Carphone has sold its stake in the joint venture with US firm Sprint to focus on the roll out of its Honeybee digital software.
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NewsMatalan profits rise amid full-price sales drive
Matalan’s parent company has reported an increase in full-year profits as the retailer rowed back on discounting.
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NewsBreakfast briefing: Matalan and M&S
Retail news round-up: Matalan reports surge in profits and M&S boss receives pay amid falling profits.
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NewsToday in retail: Boohoo gets investors' vote
In a challenging market, fast-fashion etailer Boohoo continues to set the pace.
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NewsUniqlo swings to loss as euro slump hits profits
Uniqlo has swung to a pre-tax loss as investment in its expansion plan and the weakening euro against the dollar hampered its bottom line.
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NewsUpdated: Boohoo sales rocket amid £50m share listing
Boohoo has unveiled surging first-quarter sales and successfully raised £50m through the listing of new shares to help fund a new warehouse.