All articles by Luke Tugby – Page 34
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NewsH&M sales rise as it eyes return to profit growth
H&M has posted an uptick in fourth-quarter sales as the group remained on track to deliver an increase in full-year profits for the first time in four years.
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NewsThe Hut Group secures €1bn in fresh fundraising round
The Hut Group has won €1bn in new financing that will transform its balance sheet and super-charge its growth aspirations.
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NewsStudio profits hit by surge in PPI claims
Studio, the online retailer previously known as Findel, has posted a slump in profits following a surge in PPI claims.
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NewsAsda hunts for new finance director ahead of IPO
Asda has kicked off the search for a new finance director as it prepares for a return to the stock exchange.
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NewsSports Direct profits rise as it shrugs off Belgian tax bill
Sports Direct has posted a jump in half-year profits and insisted the shock tax bill it received from Belgian authorities in the summer “will not lead to material liabilities”.
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AnalysisRetailers praise ‘emphatic clarity’ as Conservatives secure election win
Retail bosses have praised today’s general election result, which saw the Conservative Party secure its largest majority since 1987.
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NewsBoots to stock Mothercare products in franchise tie-up
Boots is to start selling Mothercare products after agreeing to become its exclusive franchise partner in the UK.
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NewsArcadia seals £310m loan on Topshop flagship store
Sir Philip Green’s Arcadia has refinanced the £310m loan on its flagship Topshop store on London’s Oxford Street.
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NewsSainsbury’s considers offers for £1.9bn mortgage book
Sainsbury’s considering a number of offers for its £1.9bn mortgage book as it looks to quit the home loans market.
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NewsPound surges as Conservatives sweep to election win
The Conservative Party has won a crushing majority in the General Election, sending the pound soaring to a 19-month high.
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NewsTesco partners with WWF to track foods’ environmental impact
Tesco has joined forces with the World Wide Fund for Nature (WWF) to track the environmental impact of some of the UK’s most popular foods.
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AnalysisAnalysis: Has Ted Baker unravelled beyond repair?
“Ted just doesn’t feel like Ted anymore.” It’s a statement that’s as short as it is revealing about Ted Baker’s alarming fall from grace.
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NewsTed Baker CEO and chair quit amid fresh profit warning
Ted Baker has been plunged further into crisis after parting company with its chief executive and chair following a fresh profit warning.
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OpinionOpinion: Tesco should double down in Asia, not cash out
Incoming Tesco boss Ken Murphy must have been hoping for a relaxed Christmas this year before taking on his new role next spring.
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NewsM&G suspends property fund as Brexit and retail landscape take toll
Property fund M&G has banned all withdrawals, blaming Brexit and the retail downturn for the decision.
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NewsDunelm profits to beat expectations amid margin gains
Dunelm has said it expects full-year profits to come in “higher than previous expectations” after a period of “strong sales growth”.
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NewsJoules sales climb despite ‘challenging’ September
Joules has posted an increase in sales during the first half of its financial year despite suffering what it called a “challenging” September.
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DataData: M&S Simply Food tops list of UK’s favourite retailers
M&S Simply Food has wrestled back its crown as the UK’s favourite retailer, according to exclusive data from consultancy OC&C.
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NewsSainsbury’s poaches Screwfix exec Rhian Bartlett
Sainsbury’s has poached Screwfix customer and digital director Rhian Bartlett, four years after she left the grocer.
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OpinionOpinion: Has Ocado bitten off more than it can chew with Aeon deal?
It has been another tumultuous few days on the rollercoaster ride that is the Ocado share price.