Latest finance news – Page 501
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NewsMoss Bros like-for-likes soar
Moss Bros like-for-likes soared 10.5% in the 19 weeks to December 10, despite being up against tough comparables.
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NewsSports Direct sales up in first half
Sports Direct has reported flat pretax profits at £100.3m as sales grew in the first half.
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NewsClintons FD Paul Salador quits
Clinton Cards group finance director Paul Salador has stepped down after 15 years at the business.
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NewsSupergroup profits dip despite like-for-like growth
Supergroup underlying profit before tax dipped £0.5m to £13m as like-for-likes grew 4% in its half year to October 30.
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NewsCPI inflation falls in November
The rate of Consumer Prices Index (CPI) inflation has fallen during November.
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NewsWickes like-for-likes plummet over past eight weeks
Wickes like-for-likes have plummeted 6.8% over the past eight weeks.
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NewsGo Outdoors and Mountain Warehouse join Sports Direct in race to buy Blacks
Sports and outdoor specialists including Sports Direct, Go Outdoors and Mountain Warehouse are lining up to takeover up-for-sale retailer Blacks Leisure.
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NewsCarpetright reports first half loss
Carpetright has reported a first half pretax loss of £800,000 against a £9.8m profit last year as the “very challenging trading environment” hit performance.
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NewsGame set to appoint Deloitte to plot turnaround
Game Group is set to appoint the restructuring team at Deloitte to help it devise a plan to turn around the business next year.
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NewsPrivate equity firm Cinven weighs up Mothercare bid
Private equity houses including Cinven are vying to take over struggling maternity retailer Mothercare.
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NewsBleak sales growth adds to retail woe
It was another frustrating week for investors in retail companies as food and general merchandise groups put in a lacklustre showing versus a wider market advance.
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NewsSale on cards as profits rise at food specialist Abel & Cole
Profits have surged at grocery home shopping specialist Abel & Cole and the retailer could be put up for sale next year.
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NewsBarratts Priceless plunges into administration
Shoe specialist Barratts Priceless Group has collapsed into administration for the second time in two years.
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NewsBarratts Priceless 'nears administration'
Barratts Priceless is reportedly close to appointing administrators for the second time in two years.
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NewsDirect Golf chases private equity
Specialist retailer Direct Golf is eyeing private equity investment as it looks to replicate the success of fellow fast-growing sports chain Go Outdoors.
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NewsMulberry profits soar 231%
Profits at Mulberry, the luxury brand and retailer, rocketed 231% over the last six months boosted by strong growth overseas.
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NewsBig Price Drop drives volume growth at Tesco
Tesco like-for-like sales in the UK, excluding petrol and VAT, fell 0.9% in the third quarter.
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NewsWiggle bought by Bridgepoint in £180m deal
Cycles etailer Wiggle has today been acquired by private equity firm Bridgepoint in a £180m deal.
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NewsDune Group sales fall
Footwear business Dune Group has posted a slight increase in pre-tax profits from £6.42m to £6.47m for the year to January 29, 2011.
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NewsKesa chiefs confident of Comet sale
Directors of electricals group Kesa are confident that the sale of UK business Comet will go ahead as planned.