Latest finance news – Page 438
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NewsNew Look boss rules out IPO as he plots international expansion
New Look boss Anders Kristiansen has ruled out launching an IPO in the next year as the retailer plots international expansion.
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NewsBRC urges Chancellor to commit to business rates reform in Autumn Statement
The British Retail Consortium (BRC) has urged the Chancellor to commit to reforming the business rates system in December’s Autumn Statement.
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NewsBlockbuster administrator admits business model 'outdated' as interest mounts
Blockbuster administrator Moorfields said it has received a “small number” of expressions of interest but admitted that its business model was “outdated”.
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NewsFormer Comet owner Henry Jackson on the hunt for retail investments
Controversial former Comet owner Henry Jackson is in talks to fund a number of new retail investments.
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NewsBarratts plunges into administration
Footwear retailer Barratts has appointed Duff & Phelps as administrator.
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NewsBlockbuster appoints Moorfields as administrator
Blockbuster has appointed Moorfields Corporate Recovery as its administrator, putting 2,000 jobs at risk.
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NewsBHS attracts more interest as billionaire Wiese steps up pursuit
Potential suitors are circling Sir Philip Green’s BHS as billionaire Christo Wiese is set to step up his interest in the firm.
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NewsSuperGroup can be as big in Germany as UK, says Dunkerton
SuperGroup boss Julian Dunkerton believes its trendy fashion store Superdry could be as big in Germany as it is in the UK as it plots expansion in all the country’s major cities.
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NewsBreakfast briefing: Retail news on Tesco, Asda and Carphone Warehouse
Retail news round-up November 8, 2013: Tesco launches TV ad campaign, Three UK and Carphone Warehouse end partnership, Asda to open Barclays concessions and Heatons hits expansion trail.
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NewsMorrisons' boss Dalton Philips pledges to return grocer to growth
Morrisons chief executive Dalton Philips has vowed to return the grocer to like-for-like growth next quarter despite a slump in third quarter sales.
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NewsSuperGroup like-for-likes jump as it takes control of German stores
SuperGroup’s retail like-for-likes jumped 7.8% in its second quarter to October 27 as the trendy fashion retailer took control of its German franchise operation.
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NewsHalfords' first-half profits jump as turnaround gains pace
Pre-tax profit jumped 6.4% to £44.6m at bikes and car parts retailer Halfords in its first half to September 27.
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NewsMorrisons like-for-likes dip as it plots convenience and online push
Morrisons like-for-likes dipped 2.4%, excluding fuel, in its third quarter as it continues its push into convenience.
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NewsBreakfast briefing: Retail news on Morrisons, Halfords, SuperGroup, Next and more
Retail news round-up November 7, 2013: Morrisons like-for-likes dip 2.4% in its third quarter, Halfords pre-tax profits rise in first half and SuperGroup like-for-likes jump as it takes control of German stores.
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NewsMarks & Spencer's Leading Ladies campaign brings fashion boost
Marks & Spencer boss Marc Bolland has insisted there are signs of improving performance in the crucial womenswear category as lines featured in its Leading Ladies campaign sold well.
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NewsSelfridges owner bids to take over Dublin department store Arnotts
Selfridges’ owner is vying to take a stake in Ireland’s largest department store after it was put up for sale by IBRC and Ulster Bank.
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NewsPrimark reports rocketing profits
Value fashion giant Primark has reported a surge in profits after an “outstanding” year.
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NewsMarks & Spencer posts first-half profit fall
Marks & Spencer chief executive Marc Bolland insisted progress is being made at the bellwether retailer, despite a fall in interim profits.
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NewsBreakfast briefing: Retail news on Marks & Spencer, Austin Reed and retail sales
Retail news round-up November 5, 2013: British retail sales rise, Marks & Spencer records first-half profit falland Austin Reed posts pre-tax profit fall
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NewsFashion retailer Joules secures £22m investment
Casual fashion retailer Joules has received a £22m investment from private equity firm Lloyds Development Capital (LDC).