Rapid responses November 13, 2012 Corporation tax [Re: How corporation tax myths poison the wider debate, yesterday] There is an assumption among many people that large multinationals exist solely to pay corporation tax. These companies aren’t seen as broadly useful businesses, which provide services and sources of employment to millions, but as a means of sourcing money for the government. [...]
Break up Whitbread and let Costa star in its own show October 23, 2012 IN a day peppered with corporate disappointments, Whitbread and its shareholders will have been more than happy to have seen their first-half results described as “outstanding” on more than one occasion. The FTSE 100 leisure firm used the term itself in its results presentation, and analysts were also keen to heap praise on a close-to 30 [...]
Mulberry profit warning sends shares crashing October 23, 2012 SHARES in Mulberry lost almost a quarter of their value yesterday after the company became the latest luxury fashion brand to warn on profit. The handbag and leather goods maker said that while British retail sales were meeting expectations, a slowdown in international sales and it decision to shrink its wholesale network meant full-year profits [...]
Further earnings gloom sends the FTSE to its biggest drop in a month October 23, 2012 BRITAIN’S top share index fell for a third session yestrday, weighed down by concerns over weak earnings and the Eurozone crisis after a failed attempt last week to break through technical resistance levels. The blue-chip FTSE 100 posted its biggest one-day drop in nearly a month, bringing the index to its lowest levels in a [...]
FTSE 100 down while Trinity Mirror tumbles October 23, 2012 The blue chip index was down in early trading today, while Trinity Mirror sustained heavy losses on the FTSE All-Share. The newspaper publishing group lost 11.5 per cent in early trading, after four people filed legal claims accusing the group’s newspapers of hacking phones. Defence equipment firm Chemring fell 7.6 per cent, as it announced [...]
Mulberry warns on profits October 23, 2012 Luxury brand Mulberry this morning issued a profit warning, largely due to a fall in wholesale shipments over the half year to 30 September. Mulberry, which makes luxury leather handbags, said this morning that wholesale shipments to third parties were down four per cent over the period to £30m. As a result, it expects revenue [...]
Autumn tones October 4, 2012 iPad case in mulberry leather Leather-bound in the UK by Aukward. £149.99 from Aukward. www.aukward.com Pilot watch on leather strap The El Primero Pilot Big Date Special by Zenith. £4,700 from the Watch Gallery. www.watchgallery.com Camel-brown gloves Leather gloves lined with cashmere by Want Les Essentiels de la Vie. £205 from Mr Porter. www.mrporter.com Document [...]
The top 5 wash bags on offer for the modern man October 1, 2012 Mulberry, oak natural leather The epitome of style, this classic oak leather case has two zipped compartments, an internal pocket and a fully lined wipe-clean interior. Details include leather trims, a leather zip pull and, of course, the infamous Mulberry tree logo emblazoned on the front. £250; mulberry.com Santiago Gonzalez, crocodile wash bag This is [...]
Burberry drops as slowdown knocks sector September 11, 2012 BLUE chip fashion retailer Burberry issued a profit warning yesterday, as analysts warned the whole luxury sector may be hit by the global economic slowdown. Shares in the FTSE 100 company plunged 20.87 per cent in trading yesterday to close at 1,088p. The group, which has been hit previously by falling sales in China, said [...]
LONDON REPORT July 15, 2012 A SLEW of company results this week culminates with a busy Thursday, when retail giant Sports Direct, Halfords, Kingfisher and Mothercare are all set to update the market. Accountancy software maker Sage is set to give an interim management statement today, which will be followed with a Capital Market Day for investors tomorrow. Panmure Gordon [...]