Latest finance news – Page 6
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NewsJohn Lewis focuses on positive momentum despite deepening losses
Losses deepened at John Lewis in the first half, but the retailer is still confident of a strong end to the year.
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NewsPrimark to ‘significantly’ raise prices in the US
Primark boss George Weston has revealed the fashion chain is “significantly” raising its prices in the US this week in response to President Donald Trump’s tariffs.
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NewsInditex sales and profits rise after ‘solid’ spring performance
Fashion powerhouse Inditex has reported growth in sales and profits after what it it described as a “solid performance” throughout spring.
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NewsWickes sales boosted by growth across categories
Home and DIY firm Wickes has reported an increase in sales and profit as volumes across retail and design and installation boosted growth.
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NewsPrimark sees improved UK trading despite ‘consumer caution and inflation’
Primark saw improved UK trading in the second half of the year, despite consumer caution, inflation and a weak clothing market.
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NewsOutgoing Dunelm boss oversees profit increase at ‘special business’
Dunlem boss Nick Wilkinson, who will hand over the reins to Clodagh Moriarty in October, said he leaves behind a “special business” as the homewares firm published its full-year results.
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NewsLakeland owner and Dragons’ Den judge join growing list of Claire’s suitors
Lakeland owner Hilco and Dragons’ Den judge Touker Suleyman have both joined the growing list of suitors vying to salvage fashion accessores brand Claire’s out of administration.
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NewsPret sees global double-digit sales growth
Food-to-go chain Pret a Manger has reported a double-digit sales growth across its global company-owned and franchise shops.
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NewsAugust bump rounds off ‘solid summer of sales’ for retail
Hot and sunny weather combined with an interest rate cut helped build a “solid summer of sales” for retailers in August, according to the latest data.
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NewsShein accused of reducing UK tax by moving income to Singapore
Fast fashion giant Shein has been accused of transferring the “vast bulk of income” to its parent Singaporean company in order to reduce its tax bill in the UK.
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NewsHMV owner and WHSmith buyer eye up Claire’s deal
The buyer of WHSmith’s high street arm, Modella Capital, and HMV tycoon Doug Putman are potential buyers of bust retailer Claire’s Accessories.
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News‘Level playing field’ business rates plan risks backfiring
Big retailers face paying far more in business rates than their pureplay counterparts as measures designed to ensure the latter shoulder more of the burden look likely to flop.
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NewsBodycare to close raft of stores after appointing administrators
Beauty chain Bodycare is closing several UK stores and has appointed administrators as it battles with a “significant funding gap and increasing creditor pressure”.
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NewsBravissimo sales surge following reopening of online orders after warehouse fire
Lingerie and swimwear retailer Bravissimo has reopened its UK online orders after a two-month halt following a warehouse fire.
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NewsAmazon pays £1bn in UK tax
Amazon has revealed it paid £1bn in direct taxes to the UK in 2024, as revenues continued to rise.
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NewsHolland & Barrett unveils transformation of beauty category
Holland & Barrett has upgraded its beauty category with a major transformation as part of its broader strategy to provide an elevated customer experience backed by science.
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NewsCurrys announces £50m share buyback as B2B, gaming and AI drive growth
The electronics retailer posted a 3% like-for-like revenue increase in the 17 weeks to August 30, 2025, in its UK and Ireland business versus the same period in 2024.
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NewsOnline Home Shop sales soar as shoppers hunt for bargain homewares
Online Home Shop, a family-owned ecommerce homeware retailer, has seen sales soar during the first half of its financial year as shoppers sought out cheaper ways to improve their homes, Retail Week can reveal.
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NewsWatches of Switzerland defies Trump tariffs with strong US trading
Watches of Switzerland has reported strong trading in the United States, despite the Trump administration’s levelling of increased tariffs on Swiss imports.
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NewsCo-op names new growth director in senior leadership shake-up
The Co-op has named a new growth director and promoted its food chief executive to a new position, as part of a major leadership team shake-up announced this morning.