Latest finance news – Page 402
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NewsIkea reports improved European performance as global sales jump 3.6%
Ikea’s European business is showing signs of improvement as it reports a 3.6% jump in like-for-like sales for its financial year.
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NewsSir Ian Cheshire predicts Scottish independence price hikes
Kingfisher boss Sir Ian Cheshire has warned Scottish independence will force prices up in Scotland as Dixons Carphone boss Sebastian James shrugged off concerns about a Yes vote.
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NewsBrightHouse lending practices to be scrutinised by Parliamentary inquiry
BrightHouse’s lending practices are to be scrutinised by a Parliamentary inquiry to ensure shoppers are “getting a good deal”.
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NewsDixons Carphone claims ‘good start’ in first results since merger
Dixons Carphone has hailed a “good start” in its first results following the merger of Dixons Retail and Carphone Warehouse on August 7.
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NewsKiddicare documents reveal full extent of decline as losses widen to £127.8m
The full extent of Kiddicare’s decline has been laid bare in documents that show losses ballooned to £127.8m in the final year of Morrisons’ ownership.
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NewsNet-a-Porter remains in red after 23% surge in revenues
Net-a-Porter remains in the red, with pre-tax losses remaining static despite its revenues increasing 22.6% for the financial year.
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NewsPhones 4u owner considering options after losing Vodafone contract
Phones 4u owner BC Partners is exploring all options for the retailer following Vodafone’s decision to not renew its contract with the firm.
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NewsPrimark full-year sales set to surge 17% as it plots ten US stores
Value fashion giant Primark’s full-year sales are expected to surge 17% and like-for-likes 4.5% as it plots further expansion in the US.
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NewsBreakfast briefing: Retail news on Phones 4u, Primark, Boden, Net-A-Porter and Asda
Retail news round-up on September 8, 2014: BC Partners mulls Phones 4u options, Primark full year salessurge 17%, Boden launches in Australia, Net-A-Porter cuts losses and more.
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NewsLaura Ashley to launch in China and India within 12 months
Laura Ashley aims to launch in China and India within 12 months as it builds on strong organic growth in its international markets.
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NewsLaura Ashley posts rise in first-half profits as momentum gathers in second half
Laura Ashley’s profits and sales jumped in its first-half driven by international and online as momentum gathers in its second half.
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NewsBreakfast briefing: Retail news on Selfridges, eBay and Laura Ashley
Retail news round-up on September 5, 2014: Selfridges opens first cinema in store, eBay hit with a technical hitch and Laura Ashley reveals profits and sales up in first half
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NewsMoody's reviews Phones 4U's credit rating after Vodafone deal ends
Moody’s has placed Phones 4U’s credit rating under review after the retailer revealed its network agreement with Vodafone would not be renewed.
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NewsCo-operative Group names Richard Pennycook chief executive on permanent basis
The Co-operative Group named Richard Pennycook as chief executive on a permanent basis as it issued half-year results.
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NewsSuperGroup sales on improving trend after falling 3.7% in first quarter
Fashion retailer SuperGroup has posted a first-quarter like-for-like sales fall but performance has improved since.
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NewsBreakfast briefing: Retail news on Marks & Spencer, Amazon and JD Williams
Retail news round-up on September 5, 2014: M&S will not rebrand Isis range, Amazon chief financial officer to retire and JD Williams launches first TV ad campaign
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NewsHouse of Fraser's new Chinese owner to invest £150m in revamps
House of Fraser’s new Chinese owner is planning a £150m cash injection to revamp its department stores and propel its online growth.
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NewsDixons Carphone poised to enter FTSE 100 following merger
Dixons Carphone is poised to enter the FTSE 100 index after being formed last month through the merger of Dixons Retail and Carphone Warehouse.
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NewsZalando intends to float on Frankfurt stock exchange
German etail giant Zalando plans to float on the Frankfurt stock exchange this year, following months of speculation.
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NewsBreakfast briefing: Retail news on eBay, House of Fraser, shop prices and more
Retail news round-up on September 3, 2014: Shop prices fall; Metro sells stake in Booker; Mike Ashley holds onto House of Fraser stake; and more.