Asos UK sales soar but half year profit is cut by 10pc April 1, 2015 Asos' share price soared more than six per cent this morning after releasing a bullish statement for the rest of the year. The figures Asos has reported a rise in group revenue for the first half to 28 February, with group sales climbing. 14 per cent. UK retail sales soared 27 per cent but profit before [...]
More than 100 business bosses back vote for Tory government March 31, 2015 THE BOSSES of BP and the Prudential have today joined more than 100 of their fellow senior executives in declaring support for a Tory-led government in a letter published in the Daily Telegraph. The business leaders, who signed in a personal capacity, said that the present government has supported investment and job creation. “We believe a [...]
General Election 2015: 103 business leaders sign anti-Labour letter March 31, 2015 Over 100 business leaders have warned that a Labour government would "threaten jobs and deter investment" in a letter to be published in The Telegraph tomorrow. The letter, signed by 103 business bosses, praises the Conservative government which it says has "been good for business and has pursued policies which have supported investment and job [...]
US data and high street giants lead for coming week – London Report March 29, 2015 INVESTORS this coming week will be digesting a flurry of global economic data and corporate results from a number of prominent UK retailers. The focus is likely to continue to be on US economic indicators, given recent concerns about a slowdown in growth in the first quarter, such as consumer confidence, spending and personal income. [...]
Tough at the top: Will the FTSE giants fall from grace? March 26, 2015 From dividend cuts, to the accounting scandals just waiting to happen, SVM’s Colin McLean talks to Annabelle Williams about the potential pitfalls facing the UK market. The last few years have been tough for the UK’s biggest companies, as FTSE giants from supermarkets and banks, to insurers and oil majors, have come under pressure. [...]
For top of the range sunglasses, retro frames are in, anything mirrored is out March 18, 2015 Don’t let the sun dazzle you – you’ll be the one doing the dazzling in these top of the range frames We’ve been promised a heat-wave in the not too distant future, and that’s reason enough to stock up on some new shades to keep you looking cool in the sun. Retro frames once [...]
ASOS looking swish with 19pc increase in quarterly sales March 12, 2015 ASOS, the online clothing retailer, reported a fashionable 19 per cent increase in sales to £290.1m, up from £244m last year, for the three-month period to 28 February. The better-than-expected performance was a welcome relief for the firm after a difficult 2014 forced it to issue a string of profit warnings as shares plummeted and [...]
Asos shares soar 17 per cent as etailer gets back on track with sales up in the UK and overseas March 12, 2015 Asos's share price soared 17 per cent this morning as it appeared to be back on track, reporting quarterly growth of 19 per cent after a difficult period that included a profit warning. The figures The etailer, which took a stumble a few months ago, appears to be back in its comfort zone. [...]
Shoppers likely to be pausing after 2014 spree – London Report March 9, 2015 BRITISH Retail Consortium (BRC) retail sales figures for February are likely to show shoppers took a pause after a spending spree in the fourth quarter of last year. The figures, due out overnight tonight, are forecast to follow similar data from the Confederation of British Industry, which showed softer spending in February. The CBI data [...]
The Golden Age: Octopus’s George Whitehead on an extraordinary five years for UK technology and enterprise March 1, 2015 It's been an impressive five years for the UK technology and enterprise industry. From the establishment of Tech City to the development of world-leading accelerator programmes, and the international success stories of businesses like Deep Mind, Asos, Zoopla, CSR and Shazam, it is no secret that Britain has become a leading light in entrepreneurship. DISPROPORTIONATE [...]