Latest finance news – Page 494
-
NewsFrench Connection launches retail review after profits plunge
French Connection is to review its retail operation following a profits plunge in its full year.
-
NewsLandsbanki prepares to sell House of Fraser stake
Icelandic bank Landsbanki is poised to sell its stake in department store House of Fraser.
-
NewsMalcolm Walker completes £1.45bn Iceland deal
Iceland Foods chief executive Malcolm Walker has completed the deal to buy back the retailer for £1.45bn.
-
NewsJeweller Azendi falls into administration
Jewellery firm Azendi has fallen into administration.
-
NewsWhittard to expand after good Christmas
Tea and coffee specialist Whittard of Chelsea is to embark on an expansion drive at home and overseas following a strong Christmas performance.
-
NewsBonmarché returns focus to over-50s
Bonmarché will sharpen price points and return to its roots as a womenswear retailer aimed at the over-50s under the ownership of private equity firm Sun European, which bought it out of administration six weeks ago.
-
NewsPawnbroker H&T full year pre-tax profits soar
H&T Group adjusted pre-tax profit soared 13.9% to £23.5m in 2011 as the pawnbroker hits the expansion trail.
-
NewsMorrisons reports 'best year' as profits rise
Morrisons recorded its “best year yet” while like-for-like sales increased 1.8% and profits rose.
-
NewsJohn Lewis Partnership gears up for ‘profound change’ in retail market
John Lewis Partnership has unveiled a new round of investment in its businesses to ensure it remains at the forefront of “profound change in the retail market” driven by technological advances.
-
NewsGame to exit Comet shops to reduce space
Embattled entertainment retailer Game is to end its partnership with electricals retailer Comet as part of its ongoing strategy to reduce space.
-
NewsCountrywide plans refocus as profits dip
Rural specialist Countrywide is scaling back on non-core products, including fashion, as it makes redundancies across its business.
-
NewsGame supplier Capcom cuts supply
Capcom has become the latest video game giant to refuse to supply Game.
-
NewsClintons puts Birthdays chain up for sale
UPDATE: Greetings card specialist Clinton Cards has put its struggling Birthdays chain up for sale.
-
NewsHobbs and Phase Eight vying to buy Fenn Wright Manson
Fashion retailers including Hobbs and Phase Eight are understood to be amongst the throng interested in buying Fenn Wright Manson out of administration.
-
NewsFenn Wright Manson falls into administration
Womenswear retailer Fenn Wright Manson has fallen into administration.
-
NewsMatalan EBITDA plummets 41% in its full year
Matalan EBITDA fell 41% to £91.1m in its full year.
-
NewsIndia's cotton export ban sparks inflation fears
India has put an immediate ban on the export of cotton sparking fears of inflation in the cost of the raw material.
-
NewsCountrywide makes redundancies as first half results disappoint
Rural retailer Countrywide makes redundancies as it reports “disappointing” first half results.
-
NewsAdderley reduces Dunelm stake
Dunelm executive deputy chairman Will Adderley is sell around five million shares in the business.
-
NewsMorrisons buys fish factory in acquisition drive
Morrisons has bought a seafood facility in Grimsby as it targets a more vertically integrated supply chain.