County Championship: What to watch out for in final round September 26, 2023 This week sees the final round of County Championship cricket matches, and relegation, promotion and titles are all on the line. Two teams across Division One and Division Two will be crowned champions while two teams will drop down from the top tier and two teams will climb into the main league. Here’s what to [...]
Crypto AM Summit and Awards – the nominations are in! September 25, 2023 There are only 15 days to go until the Crypto AM Summit and Awards, and all the nominations are now being weighed up by the judges.
Activist investor Kelso takes stake in ‘undervalued’ retailer The Works September 25, 2023 Activist investor Kelso has snapped up a stake in arts and crafts retailer The Works today and said it will look to “restore the intrinsic valuation of the firm” after a slump in its share price over the past five years.
Asos: All eyes on pandemic poster child’s turnaround results September 24, 2023 Investors will turn their focus to online retailer Asos’s trading update on Tuesday to see if the digital fashion store has shown signs of a rebound, following its ongoing turnaround plan and bid to pick up the pieces after a post-pandemic lull. Asos was once the poster child of pandemic success, at its height buying [...]
Here’s when Wilko will close its final stores following collapse September 22, 2023 Wilko is to shut the doors of its last remaining stores on Sunday October 8 as the collapse of the historic retailer comes to a close. The hardware and furnishings retailer tumbled into administration last month after it came under pressure from weak consumer spending and debts to suppliers. The retailer will shut its final [...]
Mothercare swings to loss as it prepares to refinance debt September 22, 2023 Baby products brand Mothercare has revealed it swung to a loss over the latest year as it is set to complete a refinancing of its debts after interest rates shot up. The retailer said it was taking longer to return to pre-pandemic sales levels. Mothercare, which sells its ranges through retail giant Boots in the [...]
FTSE 100 close: London climbs on softer pound after Bank of England holds rates September 22, 2023 London's blue-chip FTSE 100 index rose on Friday as it benefited from the weak pound in the wake of the Bank of England's decision to hold interest rates steady.
Hargreaves Lansdown profits surge despite ‘challenging’ conditions spooking investors September 19, 2023 Hargreaves Lansdown topped the City’s profit predictions for the year today despite “challenging” market conditions triggering a sharp fall in the amount of cash flowing into its platform over the past 12 months.
Missguided sale marks a pivot in Frasers’ strategy – but a Shein deal has risks attached September 18, 2023 News that Frasers could sell Missguided to Shein potentially marks a change in strategy for the Sports Direct owner, which has been highly acquisitive in recent years.
Mike Ashley’s Frasers in talks to offload Missguided to Chinese fast fashion giant Shein September 18, 2023 Mike Ashley’s Frasers Group is reportedly in talks to offload its online clothing brand Missguided to Chinese fast fashion giant Shein. Frasers, which owns the high street favourites such as Sports Direct and Jack Wills, bought Missguided for £20m last year after it collapsed into administration. As part of the rescue deal, the Manchester business kept [...]