Latest finance news – Page 423
-
NewsUPDATED: Albemarle & Bond appoints PwC as administrator
Pawnbroker Albemarle & Bond has appointed PwC as its administrator after lenders rejected its rescue plan.
-
NewsFebruary inflation falls to 1.7% as prices rises ease in fashion
Inflation fell to 1.7% in February from 1.9% in January after downward pressure from clothing, transport and energy bills.
-
NewsTopps Tiles expects first-half profit leap of 70% after strong performance
Topps Tiles expects first-half underlying pre-tax profits to jump 70% to £8m after a strong sales performance.
-
NewsKingfisher profits rise as it seeks strategic partner for B&Q China
DIY giant Kingfisher has reported a rise in full-year profits as it plots further overseas expansion and seeks a partner for its Chinese business.
-
NewsBreakfast briefing: Retail news on M&S, Phones4u, Co-op and Lidl
Retail news round-up on March 25, 2014: Two senior M&S executives to leave this summer, Phones4u owner BC Partners sound out Dixons executives for possible tie-up, Co-op unveils new £400m funding gap, Lidl appoints Sven Seidel as chief executive
-
NewsThe Entertainer posts record profit in 'momentous' year
The Entertainer has posted record full year sales and profits as the toy retailer pushes ahead with plans to expand in the UK and overseas.
-
NewsDfs starts selling beds in store to target house movers
Sofa giant Dfs has begun selling beds in a select number of stores after freeing up warehouse space in the back of its shops.
-
NewsSainsbury’s wins right to judicial review in Tesco ‘Price Promise’ battle
Sainsbury’s has won the right to a judicial review in its battle to prove that archrival Tesco’s ‘Price Promise’ is misleading.
-
NewsDixons and Carphone seek deadline extension for £4bn merger talks
Dixons and Carphone Warehouse are set to ask the Takeover Panel to extend today’s deadline to the negotiations for their £4bn merger.
-
NewsBreakfast briefing: Retail news on BHS, Dixons, Carphone Warehouse, Tesco, Sainsbury's and more
Retail news round-up on March 24, 2014: BHS will undercut the grocers on food, Dixons and Carphone ask for deadline extension on merger talks, Sainsbury’s wins judicial review over Tesco ‘Price Promise’ complaint and more.
-
NewsBreakfast briefing: Retail news on H&M, J Crew and eBay
Retail news round-up on March 21, 2014: H&M launches French site, J Crew in talks to open more London stores, eBay urged to sell 20% of PayPal
-
NewsRestructuring firm GA Europe promotes Milton Guffogg to chief executive
Restructuring firm GA Europe has promoted its chief operating officer Milton Guffogg to the role of chief executive.
-
NewsMulberry chief executive quits after profits and share price hit
Mulberry boss Bruno Guillon has quit with immediate effect after a turbulent two years at the company.
-
NewsDfs EBITDA and sales fall in first half but trade picks up in Sale
Furniture giant Dfs’s EBITDA and sales dipped in its first half however things are looking more positive for its second half.
-
NewsMajestic says full-year pre-tax profit will be flat because of 'challenging' 2014
Majestic has revealed full-year pre-tax profit will be flat because of “challenging” trading conditions in 2014 as it plans to invest to drive growth.
-
NewsTed Baker pre-tax profits hit £40m as it grows its global store estate
Ted Baker pre-tax profit excluding exceptionals surged 26.7% to £40m in its full year as it grew its global store estate.
-
NewsNext profits surge 12% following 'exceptional' final quarter
Next profit before tax jumped 11.8% to £695.2m for the year ending January 2014 in a “good year” for the fashion retailer.
-
NewsMarks & Spencer loses further market share in clothing
Marks & Spencer has suffered a further market share decline in the crucial fashion category, it is understood.
-
NewsMorrisons drafts in Rothschild to sell Kiddicare
Morrisons has hired Rothschild to advise it on the sale of maternity retailer Kiddicare, Retail Week has learned.
-
NewsM and M Direct owner mulls sale, IPO or refinancing
M and M Direct’s private equity backer TA Associates is considering its options for the etailer which could include a sale or float.