Burford Capital: AIM’s biggest firm still growing fast March 21, 2019 By Graeme Evans from interactive investor. This AIM star is already big enough to make the FTSE 100, but City analysts argue it is worth even more. The extraordinary story of Burford Capital (LSE:BUR) continued in earnest today as the AIM market's biggest stock delivered another record year of significant profits growth. With shares up [...]
Hermes bags profit boost as demand from Asia drives surge in sales March 20, 2019 Luxury bag maker Hermes has posted double-digit profit growth for the full year as rising demand in Asia helped boost sales across all business lines. Read more: Asos confident on full-year targets despite 'challenging' markets The figures Hermes’ net profit rose 15 per cent to €1.4bn (£1.2bn). Consolidated revenue was up 7.5 per cent to [...]
Online retailer Asos confident on full-year target despite sales dipping below growth forecast March 19, 2019 Asos was bullish on hitting its downgraded full-year targets today as it revealed double digit sales growth for the three months to the end of February. Read more: Asos bosses snap up cheap shares after day of horror The online retailer saw revenue rise 13 per cent year on year over the quarter, it revealed in [...]
Britvic installs Tesco finance guru as new chief financial officer March 11, 2019 Soft drinks giant Britvic has brought in the financial boss of a firm which is part of Tesco as its chief financial officer, in a move which pushed shares up one per cent on Monday morning. The company, which acts as Pepsico’s producer in the UK, has appointed Joanne Wilson, who will leave her role as [...]
Investing in Aim and EIS shares can add some excitement to your financial portfolio February 28, 2019 You have some cash saved in a rainy-day fund. You’ve invested sensibly in a diverse portfolio that contains a mix of low-cost trackers and well-managed investment funds. But now you want to add a bit of excitement to this financial cocktail. If this describes you, then there are a few ways to go about it, [...]
N Brown sales slide in wake of ‘challenging’ Christmas January 17, 2019 Shares in plus-sized fashion group N Brown slumped more than eight per cent this afternoon after the e-commerce giant became the latest retailer to report a fall in sales over the Christmas period. Growth in online trading was offset by a slump in its traditional catalogue-focused arm, with revenue in N Brown’s mail-order catalogue brands, [...]
Digital marketing agencies Forward3D and PMX Agency to form global brand January 15, 2019 Digital marketing firm Forward3D is merging with PMX Agency to create a new global brand, the company said today. London-based Forward3D, whose clients include Asos, Virgin and Calvin Klein, will merge with US firm PMX to form ForwardPMX. Read more: Unlimited Group unveils alliance with German and Japanese agencies The combined agency will have a pool [...]
Boohoo shares drop despite retailer lifting 2019 guidance after strong sales growth January 15, 2019 Boohoo had no cause for tears this morning as it revealed rocketing revenue helped it end 2018 on a high, raising guidance for its full-year sales. Sales grew 44 per cent year on year to £328.2m in the four months to the end of December, up from £228.2m in the same period in 2017. Read [...]
Profiting from the retail revolution: What’s hot and what’s not? January 15, 2019 It turns out that so-called Super Thursday wasn’t so super after all. Despite being lauded as a day when retailers boast strong figures from the festive period, last Thursday proved to be a mixed basket of results. With consumers feeling the pinch and Brexit-sized uncertainty looming large over the high street, it’s not surprising that [...]
Let Jeff Bezos be a lesson: Have a plan for if your marriage ends January 14, 2019 Amazon chief Jeff Bezos and his wife MacKenzie have announced that their marriage is ending, likely leading to the largest divorce settlement in history. Though the couple has asserted that their separation will be amicable, the divorce proceedings could still be complex, highlighting the risks to entrepreneurs when marriages end. The law in Washington State, [...]