Latest finance news – Page 361
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NewsBreakfast briefing: Retail news on retail sales, eBay and Apple
Retail news round-up on July 16, 2015: Small firms see volatile retail sales, eBay mulls enterprise business sale and Apple’s Iranian launch
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NewsHalfords' first-quarter revenues boosted by premium bike sales
Halfords has reported a 3.5% rise in first-quarter group like-for-likes driven by sales of premium bikes and its cycle repair services.
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NewsBurberry posts retail sales rise, but warns of 'challenging' luxury market
Burberry has reported underlying retail sales rose 8% to £407m during its first quarter, but warned the trading environment “remains challenging”.
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NewsMatalan calls time on Sporting Pro as Dave Whelan circles stores
Matalan is scrapping its sports fascia Sporting Pro and is in advanced talks to sell some of the stores to Dave Whelan’s DW Sports.
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NewsComment: Might Barclays come knocking on the door of Tesco’s Benny Higgins?
Following the ousting of Barclays boss Antony Jenkins, people-watchers believe Tesco’s Benny Higgins may feature on the bank’s list of replacements.
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NewsFalls in clothing and food price push inflation back to zero in June
Falls in clothing and food prices were the main contributors to the UK’s inflation rate dropping to 0% last month.
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NewsFerrero's £112m takeover of Thorntons on the verge of completion
Ferrero’s takeover of Thorntons is on the verge of completion after the retailer’s shareholders agreed to sell almost 80% of shares.
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NewsSecretsales revenues jump as 'aggressive' investment in technology pays off
Secretsales.com has reported a 37% jump in revenues in the first four months of this year, after its full-year losses narrowed.
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NewsDeadline nears for Thorntons shareholders to decide on £112m Ferrero bid
Thorntons shareholders will this week decide whether to accept a £112m takeover bid from confectionery business firm Ferrero.
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NewsCompetition regulator to probe Net-a-Porter and Yoox merger
The UK competition regulator has begun an investigation into the proposed merger of online luxury fashion retailers Net-a-Porter and Yoox.
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NewsBargain Booze owner Conviviality's full-year profits rise 4.4% to £9.7m
Bargain Booze owner Conviviality Retail has reported a 4.4% jump in pre-tax profits to £9.7m, despite a fall in like-for-like sales over the year.
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NewsMaplin incoming boss reveals plans to open up to 30 stores
Maplin is targeting between 20 and 30 sites across the UK, the incoming chief executive of the electricals specialist has revealed.
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NewsN Brown to cut jobs as part of move to 'digital-first' approach
N Brown is offering its workforce the chance to apply for voluntarily redundancy, but only a “small percentage” of staff are expected to leave.
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NewsReiss founder mulls selling minority stake to fund overseas expansion
The founder of fashion retailer Reiss is considering offloading a stake in the business to outside investors for the first time in its history.
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NewsConviviality Retail in talks to acquire drinks supplier Matthew Clark
Bargain Booze and Wine Rack owner Conviviality Retail has revealed it is in talks to acquire drinks supplier Matthew Clark Holdings.
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NewsWalgreens Boots Alliance appoints Pessina as CEO and buys Liz Earle
Walgreens Boots Alliance has appointed Stefano Pessina as its chief executive and acquired British beauty brand Liz Earle.
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NewsSuperGroup profits and Chinese expansion: What the analysts say
SuperGroup has reported a rise in full-year profits and unveiled plans to expand into China. This is what the analysts said.
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NewsDunelm posts quarterly sales uplift and names new chief financial officer
Value homewares specialist Dunelm has posted a rise in fourth-quarter like-for-likes, helped by its summer Sale.
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NewsPrimark posts sales rise but cautions on currency exchange impact on margins
Value fashion giant Primark has reported a strong sales rise but currency movements are expected to affect next year’s results.
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NewsSuperGroup posts profits rise and reveals plans to launch in China
Fashion specialist SuperGroup has reported a rise in full-year profits and revealed plans to launch in China.