Latest finance news – Page 431
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NewsLaura Ashley pays shareholders £7.5m dividend as 'token of appreciation'
Laura Ashley has rewarded investors with a £7.5m bonus dividend to show its “appreciation to the shareholders for their continued support”.
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NewsCarphone Warehouse group like-for-likes climb 3.1% over Christmas
Carphone Warehouse group like-for-likes advanced 3.1% in the quarter to December 28, its sixth consecutive quarter of growth.
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NewsFat Face hires banks to work on IPO
Fashion retailer Fat Face has hired banks Citi and Jeffries to work on its prospective float which could take place within months.
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NewsConviviality Retail reports Christmas sales uplift
Bargain Booze and Wine Rack owner Conviviality Retail has reported a rise in sales over Christmas as first-half profits increased.
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NewsHotter Shoes to be bought by private equity firm Electra
Footwear retailer Hotter Shoes is to be sold to private equity firm Electra in a £200m deal.
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NewsKnicker factory behind Portas' lingerie business collapses into administration
The factory which made the knickers for Mary Portas’s Kinky Knickers lingerie business as part of the retail expert’s bid to revive UK manufacturing has collapsed into administration.
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NewsSports Direct takes option of larger Debenhams stake
Sports Direct has struck a complex share option agreement that allows it to take a 6.6% stake in Debenhams.
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NewsBonmarché Christmas like-for-likes up 6% as online sales rocket
Bonmarché has revealed like-for-like sales jumped 6% over Christmas, driven by its strong online business.
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NewsN Brown records 'robust' Christmas growth as it steps up overseas plans
N Brown revealed “robust, reliable growth” over the Christmas trading period, and it plans to step up investment for its overseas growth plans.
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NewsHalfords sales up 6.6% pedalled by strong cycling sales
Halfords group sales grew 6.6% in its third quarter, which included the festive period, driven by “significant growth” in its cycling category.
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NewsHome Retail appoints Argos boss John Walden as chief executive
Home Retail has appointed Argos boss John Walden as its new chief executive as it reveals sales growth at its fascias.
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NewsPrimark delivers 'excellent' Christmas with sales up 12%
Primark has recorded Christmas sales up 12% and expects its profit to be well ahead of last year, and margin higher than expected.
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NewsMonsoon founder Peter Simon takes stake in furniture etailer Loaf
Monsoon and Accessorize founder Peter Simon has taken a significant minority stake in furniture retailer Loaf for an undisclosed sum.
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NewsLaura Ashley disposes of Moss Bros stake
Homewares retailer Laura Ashley has disposed of its stake in formalwear specialist Moss Bros.
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NewsFindel secures new funding to support growth at Express Gifts
Home shopping group Findel has secured extra funding to invest in its growing Express Gifts catalogue business.
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NewsBurberry Christmas sales up 14% driven by online
Burberry revealed sales in its third quarter surged 14% driven by online but warned current exchange rates would be a headwind in its second half.
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NewsBreakfast briefing: Retail news on Sainsbury's, Asda and Scottish retail sales
Retail news round-up on January 15, 2014: Sainsbury’s sales beat Asda for the first time in a decade, Scottish retail sales down.
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NewsConvenience store giant McColl's posts strong Christmas sales
Convenience store and newsagents group McColl’s has reported a rise in festive sales as it eyes a float.
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NewsMoss Bros to beat profit forecast after stellar Christmas
Menswear retailer Moss Bros expects to beat full-year profit forecasts after posting a surge in Christmas sales.
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NewsAsos sales surge as Christmas shoppers flock online
Fashion etailer Asos has reported a jump in festive takings as shoppers went online and spurred a retail sales rise of 38% to £335.7m.