More finance – Page 87
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AnalysisAnalysis: Global economy rattles retailers’ mood but consumer confidence rises
In the third of Retail Week’s quarterly analysis reports, we ask whether the mood among the UK’s top retail bosses has changed.
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AnalysisPoundland launches £50m share placing but warns on first-half profits
Poundland aims to raise £50m through a share placing to help fund its £55m acquisition of rival 99p Stores.
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AnalysisPoundland to raise £50m as it cautions on profits: What the analysts say
Poundland is seeking £50m to finance its 99p Stores acquisition, but has warned first-half profits will fall. Here is what the analysts say.
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AnalysisH&M reports flat profits in third quarter after being hit by strong dollar
H&M has reported flat profits in its third quarter after the fashion retailer was negatively impacted by the strong dollar.
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AnalysisAo and Boohoo investors must back the management as much as the strategy
The two high-profile etailer flotations of last year, each of which subsequently disappointed, may be showing signs of getting back on track.
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AnalysisCard Factory first-half profits grow as it declares special dividend
Card Factory has reported rising half-year profits and sales boosted by new stores, improved product quality and a growing online business.
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AnalysisTesco Dunnhumby deal in the balance as only one bidder remains
Tesco is expected to decide this week whether to sell its stake in data business Dunnhumby as all but one bidder remains, according to reports.
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AnalysisHouse of Fraser half-year profits rise 7% as online sales surge
House of Fraser has reported a rise in its half-year sales and profits on the back of strong growth across both its stores and online.
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AnalysisCard Factory credits 'bricks-and-mortar store story' for profits climb
Card Factory boss Richard Hayes is attributing strong half-year sales and profit growth to the retailer’s “bricks-and-mortar store story”.
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AnalysisFrench Connection losses increase amid 'disappointing' spring sales
French Connection has reported a pre-tax loss of £7.9m during its first half following “disappointing performance” of its spring collection.
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AnalysisMade.com losses widen but sales soar as it bolsters international presence
Made.com has reported a widening of its full-year losses to £5.3m despite a 63.4% surge in sales as it bolsters its international presence.
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AnalysisAo.com poised to report 30% sales surge during its second quarter
Ao is poised to report a 20% increase in UK revenues during its current quarter of trading after sales from the Ao.com site rocketed more than 30%.
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AnalysisDebenhams faces boardroom coup as Cenkos Securities stirs up investors
Debenhams is facing a boardroom coup as City stockbroking firm Cenkos Securities attempts to spark an investor rebellion.
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Interview
BHS boss interview: Will BHS still be here in a year’s time? ‘Absolutely’
Last year, for only the second time in a decade, department store group BHS recorded annual like-for-like growth.
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Analysis
River Island reveals 70% profit surge as it expands into South America
River Island has revealed a 69.4% surge in full-year pre-tax profits as the fashion retailer unveils its first stores in South America.
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Analysis
M&Co boss Iain McGeoch steps down after more than 50 years at the helm
Scottish fashion tycoon Iain McGeoch has stepped down as chairman and chief executive of M&Co after more than 50 years at the helm.
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Analysis
Poundland takeover of rival 99p Stores given full clearance by CMA
Poundland’s takeover of value retail rival 99p Stores has been given full clearance by the Competition and Markets Authority (CMA).
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Opinion
Nick Bubb's verdict: JD Sports is on a roll and shows no signs of stopping
JD Sports has the backing of brands such as Nike and Adidas, and has created an impressive store environment. No wonder its profits soared.
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OpinionMorrisons is being deserted by investors but Potts could rekindle success
So far, the market hasn’t taken much to Morrisons’ newish chief executive David Potts’ ideas about turning around the grocer.
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AnalysisMorrisons’ turnaround strategy: David Potts’ six-point plan
Morrisons first-half results revealed a devastating 35% slump in profits, but chief executive David Potts today outlined a turnaround plan.