More on Me + Em – Page 2817
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NewsHouse of Fraser trading update reassures over covenants
House of Fraser has issued a statement quashing rumours that it is close to breaching its banking covenants, a suggestion that has prompted feverish speculation that it is the subject of a takeover attempt by rival Debenhams.
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OpinionThe Piccadilly Circus saga continues…
It’s hard to tell what The Crown Estate has really achieved at Piccadilly Circus.
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NewsTesco posts robust sales
Group sales at the UK’s largest retailer rose 12.6 per cent for the 13 weeks to May 30.
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NewsAquascutum receives approach from Crombie owner
Aquascutum may be able to secure its future after its owners were approached by Crombie owner Alan Lewis.
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NewsKesa to sell Swiss business
Kesa has entered exclusive talks with Swiss electricals retailer FUST to sell its Swiss operation for CHF20m (£11.4m).
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NewsGame trading in line with expectations
Game Group has said that trading since February has remained in line with expectations.
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NewsTed Baker sales lifted by strong UK performance
Ted Baker has reported a surge of 15.2 per cent in retail sales for the 19 weeks to June 13 and said its gross margins have so far been in line with expectations.
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NewsIndia offers greatest retail opportunities study shows
India offers the greatest investment opportunities for international retailers, a study has found.
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Visa charges to retailers ‘completely unfair’ claims Eurocommerce
EuroCommerce, an intervenor in the appeal loged by Mastercard with the European Court of Justice, has lodged a new complaint against Visa Europe claiming that its charges to retailers are an infringement of European competition law.
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NewsHobbs appoints Alana Mazza as retail director
Hobbs has appointed former Principles retail trading director Alana Mazza as retail director of the upmarket fashion brand.
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NewsRetail Interiors Awards deadline extended
The deadline for the Retail Interiors Awards has been extended until June 19.
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OpinionWhy retailers can't sit on their hands with store design
Put off, put off, put off. Store design departments up and down the country must be becoming increasingly familiar with this, or something of the kind, as the mantra that emerges from retail boardrooms when the matter of new stores or refurbishments appears on the agenda.
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NewsMatalan defies retail gloom
Matalan has revealed that like-for-likes rocketed 8.2 per cent in the 14 weeks to June 6 after posting robust full-year results.
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NewsTesco builds Chinese mall
Tesco will open its first shopping centre in the northeastern Chinese city of Fushan later this year.
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NewsProfits collapse at Majestic Wine
The tougher economic climate has hit home at Majestic Wine, which saw sales for the year to March 30 rise 2.4 per cent to £201.8m, but pre-tax profits fall 55.8 per cent to £7.4m.
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NewsLondon sales growth dips in May
Retail sales in London last month grew at their slowest rate this year, according to the BRC-KMPG London Retail Sales Monitor.
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NewsPoor exchange rate could force non-food price inflation
Sterling’s weakness could leave the UK with more than £20bn of extra costs over the next year, raising the threat of higher prices for shoppers, according to reseach from PwC.
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NewsHot weather holds back John Lewis but helps Waitrose
Hot weather in the early part of last week held back John Lewis’s sales, but helped Waitrose to a strong week.
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NewsHamleys makes a loss of £2.7m
Iconic toy retailer Hamleys made a loss of £2.7m in the year to March 31, 2008 as its annual interest bill increased.