Moo-ving forward: Dairy Crest on track for full-year targets as Cathedral City and Clover brands milk revenues September 17, 2018 Dairy Crest said today it was milking revenues that are ahead of last year thanks to the success of its popular cheese and margarine brands. Ahead of its interim results on 7 November, the company said strong growth for its Cathedral City and Clover brands had boosted business. Profit is expected to be "slightly ahead" of [...]
Moo-ving forward: Dairy Crest on track for full-year targets as Cathedral City and Clover brands milk revenues September 17, 2018 Dairy Crest said today it was milking revenues that are ahead of last year thanks to the success of its popular cheese and margarine brands. Ahead of its interim results on 7 November, the company said strong growth for its Cathedral City and Clover brands had boosted business. Profit is expected to be "slightly ahead" of [...]
Boohoo snaps up Primark exec John Lyttle as new chief executive September 17, 2018 Online retailer Boohoo has announced it has snapped up Primark's chief operating officer John Lyttle to be its new chief executive. Lyttle will take on the role from 15 March 2019. Over his eight years at Primark, Lyttle oversaw a turnover growth of 158 per cent to £7bn, and has boosted operating profit by 116 per [...]
Boohoo snaps up Primark exec John Lyttle as new chief executive September 17, 2018 Online retailer Boohoo has announced it has snapped up Primark's chief operating officer John Lyttle to be its new chief executive. Lyttle will take on the role from 15 March 2019. Over his eight years at Primark, Lyttle oversaw a turnover growth of 158 per cent to £7bn, and has boosted operating profit by 116 per [...]
H&M enjoys boosted sales in third quarter from heavy discounting and weak currency September 17, 2018 Sales at Sweden's fashion giant H&M received a boost in the third quarter as the store offered heavy discounts and benefited from a weak crown. The figures Local-currency sales including VAT rose four per cent between June and August from a year earlier, compared with a Reuters poll which suggested sales would go up by [...]
H&M enjoys boosted sales in third quarter from heavy discounting and weak currency September 17, 2018 Sales at Sweden's fashion giant H&M received a boost in the third quarter as the store offered heavy discounts and benefited from a weak crown. The figures Local-currency sales including VAT rose four per cent between June and August from a year earlier, compared with a Reuters poll which suggested sales would go up by [...]
Restaurant Group in talks on acquisition with gastropub chain Peach Pubs September 16, 2018 The Restaurant Group is in talks with Peach Pubs over a possible takeover of the gastropub chain. Talks are still at an early stage and are not exclusive, with no guarantee of a deal, City A.M. understands. The Restaurant Group, the listed owner of brands such as Frankie and Benny’s and Garfunkel’s, has struggled in [...]
Restaurant Group in talks on acquisition with gastropub chain Peach Pubs September 16, 2018 The Restaurant Group is in talks with Peach Pubs over a possible takeover of the gastropub chain. Talks are still at an early stage and are not exclusive, with no guarantee of a deal, City A.M. understands. The Restaurant Group, the listed owner of brands such as Frankie and Benny’s and Garfunkel’s, has struggled in [...]
Sports Direct denies reports Mike Ashley may block sale of Debenhams’ Danish arm Magasin du Nord September 16, 2018 Sports Direct have this evening denied reports its boss Mike Ashley is attempting to block a sale of Debenhams' Danish business Magasin du Nord. Reports suggested Ashley had threatened to halt the £200m of the business by Debenhams, in which he already has a 30 per cent stake, in the hopes of forcing the business into [...]
Sports Direct denies reports Mike Ashley may block sale of Debenhams’ Danish arm Magasin du Nord September 16, 2018 Sports Direct have this evening denied reports its boss Mike Ashley is attempting to block a sale of Debenhams' Danish business Magasin du Nord. Reports suggested Ashley had threatened to halt the £200m of the business by Debenhams, in which he already has a 30 per cent stake, in the hopes of forcing the business into [...]