Latest finance news – Page 409
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NewsMamas & Papas sells majority stake to Liberty owner BlueGem
Mamas & Papas has inked a deal with department store Liberty’s owner, private equity firm BlueGem, which is taking a majority stake in the retailer.
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NewsLive blog: Marks & Spencer AGM 2014
Keep track of events at Marks & Spencer’s AGM today, with live comments from Retail Week’s executive editor George MacDonald.
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NewsMarks & Spencer benefits from focus on full-price fashion sales
Reduced promotions and a customer shift towards ‘better’ and ‘best’ product helped Marks & Spencer make progress in the key clothing category in the first quarter.
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NewsMarks & Spencer boss Bolland: 'There’s no problem with our new website'
Marks & Spencer boss Marc Bolland has denied there are problems with its new online platform and pledged web growth in time for peak trading.
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NewsDunelm like-for-likes grow 5.5% in fourth quarter
Dunelm like-for-likes continued to improve in its final quarter, rising 5.5%, which has taken its full-year, like-for-like growth to 2.1%.
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NewsMarks & Spencer like-for-likes edge up but website hits sales
Marks & Spencer UK like-for-likes edged up 0.3% but sales from the retailer’s relaunched website fell 8.1% over its first quarter.
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NewsTop Mothercare shareholders back rejection of US bid
Two major Mothercare shareholders have thrown their support behind the maternity chain after it rejected two takeover attempts from US rival Destination Maternity.
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NewsBurberry could face investor revolt over boss Christopher Bailey's pay
Burberry has attempted to clarify why it has awarded a £440,000 allowance to newly appointed boss, Christopher Bailey.
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NewsBreakfast briefing: Retail news on Mothercare, Burberry, The Body Shop and more
Retail news round-up on July 7, 2014: Mothercare faces increased takeover bid, Burberry attempts to clarify boss Christopher Bailey’s payout and The Body Shop full-year sales and profits jump
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NewsSports Direct shareholders plan AGM protest over Mike Ashley's bonus
Sports Direct shareholders are expected to vote against the re-election of the chairman Keith Hellawell and other board members at September’s AGM in protest at Mike Ashley’s bonus.
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NewsSuperdrug returns to profit but sales slip amid fierce competition
Superdrug has returned to profit but experienced a sales slip due to reduced high street footfall and fierce competition.
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NewsBreakfast briefing: Retail news on Amazon, Sports Direct and John Lewis
Retail news round-up on July 4, 2014: Brussels looks into Amazon’s tax, Sports Direct shareholders to vote against board members, John Lewis promotes communications head
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NewsPoundland reveals rising sales and profits in maiden results update
Value retailer Poundland has reported rising full-year sales and profits in its maiden prelim update since floating in March.
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NewsBreakfast briefing: Retail news on Marks & Spencer, Sainsbury's and Mothercare
Retail news round-up on July 3, 2014:M&S and Sainsbury’s face investor revolt over pay policies in boardroom, Mothercare recalls two sizes of luxury cot mattresses
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NewsHopes for La Senza sale fade in wake of second collapse in two years
Lingerie business La Senza is increasingly unlikely to be sold in its entirety as retailers look to snap up its best stores.
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NewsMothercare: Destination Maternity bid "significantly undervalues" the business
Mothercare said that it rejected US retailer Destination Maternity’s offer for the company as it “significantly undervalued” the business.
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NewsSports Direct investors vote in favour of Mike Ashley's bonus
Sports Direct investors have voted in favour of rewarding owner Mike Ashley with a bonus through a new share scheme.
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NewsLabour unveils plans to devolve business rates to city and county authorities
Labour is proposing plans for business rates revenue to be handed to city and county authorities as part of a £30bn economic devolution.
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NewsSports Direct steps up row with 'anti-competitive' Adidas
Sports Direct has stepped up its row with sportswear giant Adidas and is understood to have reported it to the competition authorities.
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NewsMothercare rejects two bids from US firm Destination Maternity
Mothercare has rejected two bids from US firm Destination Maternity, which plans to merge the two companies with a new proposal on the table.