Latest finance news – Page 280
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NewsBreakfast briefing: Dreams, Net-a-Porter and more
Retail news round-up: Dreams £400m takeover on the cards, Net-a-Porter appoints new global buying director, and Amazon customers get refund without returning items.
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NewsHillarys blinds sold to Hunter Douglas in £300m deal
Hillarys, the maker and seller of made-to-measure blinds and floorings, has been sold to Dutch retailer Hunter Douglas in a deal worth £300m.
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NewsIcandy enters administration, putting 79 jobs at risk
Gifting retailer Icandy has entered administration and shuttered four of its 14 outlets as it seeks a buyer.
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NewsMothercare chief financial officer resigns
Mothercare finance boss and executive director Richard Smothers has given notice and will leave the specialist retailer next year.
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NewsSupergroup full-year sales jump bolstered by weak pound
Supergroup posted a leap in its full-year like-for-like sales, a third of which the retailer said could be attributed to currency fluctuations.
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NewsToday in retail: Election brings new profit threat
As the general election gets under way retailers face the possibility of yet more pressure on profits.
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NewsAbercrombie & Fitch hires bankers amid takeover interest
Abercrombie & Fitch has drafted in an investment bank amid acquisition interest from retail rivals.
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NewsBHS: Lobby group demands new rules for private firms
The Institute of Directors (IoD) has called for new governance rules for large private companies to avoid a repeat of the BHS pensions scandal.
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NewsGear4music profits and sales soar in harmonious year
Musical instrument and equipment etailer Gear4music unveiled bumper profit and sales growth in its second full year since it floated on AIM.
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NewsOpinion: Norman and Rowe could be the M&S dream team
Marks & Spencer’s appointment of Archie Norman as chairman, starting in September, was great news.
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NewsJohn Lewis books £36m charge over wage regulations
The John Lewis Partnership has made a provision of £36m to cover potential costs of national minimum wage regulations.
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NewsZalando’s sales rocket in its first quarter
Zalando sales rocketed during its first quarter, driven by European growth outside its home market of Germany.
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NewsMike Ashley raises interest in Debenhams once more
Mike Ashley has raised his interest in Debenhams once again and now holds 17% of the department store group.
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NewsData: The Hut’s investments and international ambitions
The etailer, with sites ranging from health and beauty to entertainment, describes itself as a “nimble giant with a start-up culture”. What do its latest results reveal about its strategy?
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NewsHoF snaps up Issa in bid for fashion authority
House of Fraser has acquired premium fashion brand Issa as part of its ongoing bid to become a fashion authority on the high street.
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NewsBody Shop bidders include billionaire Bonomi
Billionaire Andrea Bonomi, the investor who backs legendary car marque Aston Martin, is among the group of final bidders for The Body Shop.
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NewsThe Hut’s profits rocket in ‘step-change’ year
Profits and revenues have surged at online retailer The Hut, owner of sites such as Myprotein and Zavvi.
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NewsMonsoon profits fall but boss pleased by current trading
Monsoon has suffered another drop in full-year profits and sales, Retail Week can reveal.
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NewsLK Bennett founder returns to retailer she launched
LK - Linda – Bennett, founder of the fashion retailer she gave her name to, is returning to the business.
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NewsMissguided sales soar but fails to declare profits
Missguided has reported rocketing revenues but failed to disclose profits in its full-year results.