Latest finance news – Page 310
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NewsMajestic warns on profits as Naked Wines US campaign falters
Majestic Wine has warned its full-year profits will fall below expectations as it blamed “isolated” factors on hampering its progress.
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NewsRiver Island profits and sales flat in 'challenging environment'
River Island has posted flat full-year profits and sales, but boss Ben Lewis labelled it a “good set of results in a challenging environment”.
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NewsThe Entertainer has seventh year of growth and pushes for personalisation
The Entertainer has posted a seventh consecutive year of sales growth in what founder Gary Grant described as a “momentous period”.
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NewsKingfisher's sales and profits rise as ONE Kingfisher plan progresses
B&Q and Screwfix owner Kingfisher has reported rising half-year sales and profits as its strategic initiative, ONE Kingfisher, takes effect.
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NewsThe Fragrance Shop grows full-year sales and profits
The Fragrance Shop has recorded a rise in its full-year profits and sales thanks to new fragrances from Hugo Boss, Marc Jacobs and Gucci.
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NewsUpdate: The Hut bulks up sports nutrition offer with Ideal Shape deal
The Hut Group has completed a deal to acquire US-based weight management and sports nutrition retailer Ideal Shape as it continues its rapid expansion.
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NewsBreakfast briefing: The Hut Group, business rates and footfall
Retail news round-up: The Hut Group’s takeover of US firm, August footfall up due to tourist influx, and John Lewis’s pension hole problem
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NewsMade.com sales rocket as the pureplay hits breakeven in the UK
Made.com’s full-year sales jumped 44% as the furniture etailer continued to grow its global footprint and reached breakeven in the UK.
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NewsM&Co celebrates best profit performance in five years and seeks more stores
Value fashion retailer M&Co has posted its best results in five years, and has made a good start to its new financial year.
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NewsPhase Eight profits and sales rise following Foschini acquisition
Phase Eight’s sales and profits have risen following its acquisition by South African retail group Foschini in January 2015.
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NewsSteinhoff seals £610m capture of Poundland after court approval
South African retail giant Steinhoff has completed its £610m capture of value retailer Poundland, two months after a deal was first agreed.
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NewsAgenda: B&Q owner Kingfisher and French Connection unveil half-year results
Retail Week looks ahead to the next seven days with half-year results from B&Q owner Kingfisher and French Connection on the agenda.
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NewsMorrisons boss Potts: We ‘fired on all cylinders’ during first half
Morrisons boss David Potts has hailed the grocer’s first half performance and said it “fired on all cylinders” around key events.
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NewsThe Works profits surge as it aims to double number of stores
Discount retailer The Works has posted a 37% jump in full-year profits and is aiming to double the size of its store estate.
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NewsMorrisons half-year profits jump as turnaround efforts bear fruit
Morrisons has registered an 11% jump in half-year pre-tax profit as boss Dave Potts’s turnaround efforts continue to gain momentum.
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NewsNext's half-year profits fall amid plans to increase prices in 2017
Next has reported a dip in pre-tax profits during the first half of its financial year and unveiled plans to increase prices in 2017.
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NewsJohn Lewis Partnership half-year profits hit as it invests 'for long term'
John Lewis Partnership has posted a 14.7% drop in half-year pre-tax profits and warned that its expects to cut staff numbers.
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NewsSchuh grows full-year turnover as pre-tax profits step up
Schuh has reported soaring profits and rising sales for the year after opening in Germany and launching standalone children’s stores.
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NewsDunelm accelerates London push with three new stores on the North Circular
Dunelm is opening three new stores on London’s desirable North Circular, with the first due to open in Friern Barnet, early next year.
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NewsDunelm sales and profits rise in Browett’s first year
Homewares retailer Dunelm’s full-year sales and profits have risen in boss John Browett’s first year as its chief executive.