All News articles – Page 1817
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NewsPark Group profits soar
Christmas savings specialist Park Group has revealed robust full-year profits and said it is “holding firm” in a difficult climate.
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NewsTesco bank unveils new Edinburgh headquarters
Tesco has opened its retail bank’s new headquarters in Edinburgh, which was yesterday hailed as a vote of confidence for the embattled Scottish financial sector.
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NewsVersace hires new chief
Italian luxury fashion brand Versace has appointed Gian Giacomo Ferraris as its new chief executive after the resignation of Giancarlo Di Risio last week.
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NewsSainsbury’s freezes bonuses for executives
Sainsbury’s has imposed a bonus freeze on its executives as it was revealed that boss Justin King took home £5m last year.
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NewsHomebase records first quarterly like-for-like sales growth since 2007
Home Retail Group has revealed a better than expected sales performance in its first quarter as it grew market share and benefited from the warm weather.
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NewsGap to open more UK Outlet stores to drive market share
US fashion giant Gap will increase its number of Outlet stores in the UK as part of plans outlined by management to generate growth overseas and online while stabilising its US business.
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NewsSir Philip Green warns against VAT level increases
Arcadia and Bhs owner Sir Philip Green has spoken out against the scheduled increase to VAT levels.
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NewsOliver Sweeney bought by Amery Capital
Shoe brand Oliver Sweeney has been rescued from administration by Amery Capital.
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NewsNet-A-Porter profits leap 234 per cent
Online retailer Net-A-Porter has seen profits increase by 234 per cent, from £3.0m to £10.1 in the year to January 2009.
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NewsWal-Mart designates Asda international centre of marketing excellence
Wal-Mart has designated Asda its international centre of marketing excellence. The UK retailer will act as a global marketing academy for Wal-Mart under the leadership of Rick Bendel.
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NewsWestfield London to cap parking charge during tube strike
Westfield London is offering shoppers all-day parking for £10 during a strike on the underground that began in the capital yesterday evening.
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NewsInditex sales rise by 5 per cent in the first quarter, but profit falls
Net sales at the Spanish fashion giant totalled €2.39bn for the quarter to April 30.
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NewsDirectors take home less at Sainsbury's
Sainsbury’s chief executive Justin King’s total remuneration fell 6 per cent last year.
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NewsStella McCartney to design childrenswear range for Gap
US fashion retailer Gap has announced that it has retained Stella McCartney to design a new collection for its GapKids and BabyGap outlets.
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NewsGovernment extends credit insurance relief period
The Government has bowed to business pressure and amended its trade credit insurance top-up scheme revealed in April.
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NewsHalfords profits rise as consumers holiday at home
Halfords pre-tax profits rose 2.4 per cent to £92.4m in the 52 weeks to April 3 as the retailer maintained a tight grip on costs and benefited from consumers holidaying at home.
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NewsSales rise at Ideal Shopping Direct
Home shopping retailer Ideal Shopping Direct has reported a 2 per cent rise in sales for the 21 weeks to May 24.
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NewsAsda kicks off schoolwear price war
George at Asda has kicked off a school uniform price war, offering a complete uniform for £4.75.
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NewsArcandor files for bankruptcy protection
German retail group Arcandor has filed for bankruptcy protection after yesterday’s decision by the German government not to provide rescue funds. An administrator is expected to be appointed today.
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Cushman & Wakefield: retail property may be ‘past the worst of it’
A leading property agency has said that the market may have passed its lowest point as the rate of growth in high streets voids showed signs of slowing and has even reversed in some areas.