Primark owner ABF raises dividend as markets ‘return to normality’ April 23, 2024 Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March.
THG: Growth continues after strong performance from beauty division April 23, 2024 THG, the owners of Cult Beauty and Myprotein, recorded strong revenue growth in the first quarter of 2024
Selfridges circled by Chinese and Middle Eastern investors April 22, 2024 Selfridges is being circled by Chinese and Middle Eastern investors as the financial struggles of its Austrian co-owner Signa Holdings trigger a bidding war.
Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals April 22, 2024 The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.
Bank of England left with tough choice on interest rate after week of fresh data April 19, 2024 Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.
Retail sales stagnant in March despite improving prospects for UK economy April 19, 2024 A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis April 19, 2024 Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Muji secures rescue deal after entering administration April 18, 2024 Muji has secured its future after agreeing a rescue deal with its parent company.
Dunelm expects gross margins to grow despite ‘volatile’ homeware market April 18, 2024 The Dunelm board described the homeware and furnishing market as “volatile” and “challenging” on Thursday, as the retailer posted flat sales during the third quarter.