All News articles – Page 2092
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M&S links up with Logicalis to run IT networks
Marks & Spencer has signed a four-year contract with Logicalis to manage its IT networks.
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Urban Outfitters sales soar
US fashion retail group Urban Outfitters posted record sales for its third quarter.
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Mamas & Papas set to launch online giftcard
Mamas & Papas is to complement its plastic giftcard, which launched in October, with a virtual giftcard that can be bought online.
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Next delivers flat sales
Sales at fashion group Next were level in the 14 weeks to November 3, up just 0.4 per cent against the same period last year.
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Tchenguiz reaffirms commitment to Sainsbury's
Property tycoon Robert Tchenguiz has dismissed speculation that he could sell his 10 per cent stake in Sainsbury’s, despite suffering sizeable losses following the collapse of Delta Two’s bid for the grocer on Monday.
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Liverpool One lands fashion trio
Jigsaw, Radley and Fred Perry have signed deals to open stores at Grosvenor's 950 million Liverpool One development, Grosvenor announced at the BCSC Conference in Gateshead today.
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PPR sales soar in third quarter
Luxury goods conglomerate PPR revealed third-quarter sales growth rocketed 22 per cent, driven by sales at its newly acquired Puma sportswear business, as well as demand for Yves Saint Laurent dresses and Bottega Veneta handbags.
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BRC warns of downward trend
Retail sales growth remained sluggish in October and below the monthly average for the past two years, according to the British Retail Consortium.
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Marks & Spencer weathers first half
Marks & Spencer has reported an increase in pre-tax profit of 11.5 per cent for its first half, the 26 weeks to September 29 and revealed further details of its international expansion plans.
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Sainsbury's market value dives after bid collapse
Sainsbury’s market value plummeted by more than 2 billion yesterday following the collapse of the Delta Two bid for the supermarket.
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Primark celebrates 20% profit-hike for year
Value fashion giant Primark has posted a sharp increase in profits and solid sales for the year ending September 15.
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Dunelm reports slower growth
Dunelm reported that growth rate slowed slightly in a trading update today.
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Anya Hindmarch takes bags to Bond Street
Anya Hindmarch, the designer of handbags and small leather goods, has opened the first of two London stores, on Bond Street.
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Adili set to float
Ethical fashion e-tailer Adili is to float this week just a year after it started trading.
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Delta Two abandons Sainsbury's bid
Qatari investment vehicle Delta Two has abandoned its bid to acquire Sainsbury’s, leading to a sharp fall in the grocer’s share price in early trading this morning.
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John Lewis ploughs £6.2m into Christmas ad campaign
John Lewis will launch its biggest Christmas ad campaign to date on Monday at a cost of 6.2 million – more than triple last year’s spend.
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CBI survey highlights mixed fortunes for retailer
The high street is continuing to feel the pinch, with sales growth for October at its slowest for almost a year.
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Grocery inquiry keeps City busy as Sainsbury’s takeover teeters
Food groups and general retailers were at the heart of City action during a week driven by the Competition Commission’s early findings on the grocery market, takeover tensions and bid speculation.
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Relief as competition probe clears grocers
The big four supermarkets breathed a sigh of relief after the Competition Commission failed to land any bruising punches in its provisional findings into the 120 billion grocery sector.