All articles by Lisa Berwin – Page 66
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CBI survey reveals slow high street sales
Sales for the first half of December were the slowest on the high street for over a year.
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Kingfisher exits Taiwan
Kingfisher has sold its 50 per cent joint venture stake in B&Q Taiwan for US$106.5 million ( 52.7 million) to its joint venture partner Test Rite International.
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Mike Ashley 'to appoint himself Sports Direct chairman'
Mike Ashley will reportedly announce himself as chairman of Sports Direct this week, doing little to ease the controversy surrounding his retail business.
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Mandelson calls for fair trade with China
EU officials and lawmakers have raised serious concerns over a possible upsurge in Chinese textile exports after the end of quotas on clothing in January.
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Supermarkets increase e-tail share
Supermarkets have increased their share of online retail by 50 per cent in the past two years.
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Davies: learn lessons from hardest season in eight years
George Davies has told retailers to learn lessons about their businesses during the current tough trading conditions.
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AnalysisHome shopping sector at home with consumer credit
Credit crunch? What credit crunch? As the consumer debt squeeze takes its toll on the UK retail industry, the home shopping sector is continuing to reap the benefits of credit.
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Mulberry like-for-likes soar
Mulberry's UK retail operation achieved like-for-like sales growth of 11 per cent in the six months to September 30.
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Jessops sales plummet
Sales at Jessops plummeted 26.6 per cent year on year in the 10 weeks to December 9. Like-for-like sales also fell, by 7.3 per cent.
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Inditex sales rocket
Inditex operating income rose 27 per cent in constant currency to €1.11 billion ( 801 million) in the nine months to October 31.
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Top retailers join environmental initiative
Retail giants Tesco, Marks & Spencer and Ikea are among a raft of high-profile companies to join a new environmental initiative launched by the Mayor of London.
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Exponent acquires handbag brand
Upmarket handbag brand Radley has been bought by private equity firm Exponent in a deal worth 130 million.
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Today to smash online shopping record
Today is expected to be a record shopping day online, with sales forecast to reach 370 million, treble a usual day’s rate.
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Insurers association hits out at Ashley
Mike Ashley has come up against yet more criticism from the City – this time from the Association of British Insurers (ABI), which criticised the way Sport’s Direct has been run since its float.
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JJB puts Madeley on the board
JJB Sports has appointed David Madeley to the board not long after he was made commercial director.
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Mackays profits shine
Fashion retailer Mackays made pre-tax profits of 9.2 million in the year to February 23, up from 8.9 million for the same period last year.
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Government hits out at retailers over ethics
Sir Philip Green has hit back after Minister for Trade and Development Gareth Thomas urged his Burton and Bhs chains to become part of the Ethical Trading Initiative (ETI).
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Alexon warns on profits
Alexon Group has become the second fashion retailer in as many days to issue a profit warning, as like-for-like sales slumped 7 per cent in the 18 weeks to December 1.
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Moss Bros issues profit warning
Moss Bros has warned on profits and said it is unlikely to reach its full-year forecast because of declining footfall and sales.
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Asos eyes stores to raise brand profile
Groundbreaking fashion e-tailer Asos may open stores to complete its multichannel offer.