The Tipster | Chequered outlook for Burberry October 8, 2012 CONCERNS over a slowing global economy have affected Burberry’s performance in Asia, a key growth market for the luxury retailer. The stock, down 36 per cent from its all-time highs in April, has come under further pressure after the World Bank reduced growth forecasts in Asia. Capital Spreads quotes a price of 1,011.4p-1,013.6p for Burberry. [...]
Bargains bring home the bacon but bite into profits December 9, 2012 AS DECENT numbers for Nando’s reveal the chain moved into profit last year after three in the red, the cheaper end of the restaurant sector may be turning a corner. The latest figures from BDO indicate that operators including the Restaurant Group and JD Wetherspoon have seen an upturn in trade in September and October. [...]
Greggs in the City up in arms over pasty tax April 1, 2012 THE Capitalist attends the swankiest openings on the calendar, from galleries in Mayfair to fashion shows in Milan. But we’ve never seen anything like the hysteria on display at the launch of Greggs’ 200th London store on Cheapside in the heart of the City last Friday. As staff proffered free pastries and passers-by queued to [...]
Greggs in the City up in arms over pasty tax April 1, 2012 THE Capitalist attends the swankiest openings on the calendar, from galleries in Mayfair to fashion shows in Milan. But we’ve never seen anything like the hysteria on display at the launch of Greggs’ 200th London store on Cheapside in the heart of the City last Friday. As staff proffered free pastries and passers-by queued to [...]
Greggs has a chance to profit from the coalitions’ pasty problems April 4, 2012 MOST of the time, our data shows that events in the political world have little impact on the public’s view of brands. Sometimes, however, they intertwine in unexpected ways. For example, towards the end of last year we saw Herman Cain’s candidacy for the Republican nomination for US President change perceptions of Godfather’s Pizza, the [...]
Greggs has a chance to profit from the coalitions’ pasty problems April 4, 2012 MOST of the time, our data shows that events in the political world have little impact on the public’s view of brands. Sometimes, however, they intertwine in unexpected ways. For example, towards the end of last year we saw Herman Cain’s candidacy for the Republican nomination for US President change perceptions of Godfather’s Pizza, the [...]
Greggs hopes special offers will reverse its slowing sales March 14, 2012 GREGGS said it has introduced extra promotions and discounts in its worst performing regions to entice cash-strapped customers, as sales slowed in the first weeks of the year. Chief executive Ken McMeikan said the 1.8 per cent fall in like for like sales in the first 10 weeks of 2012 reflected a four per cent [...]
Burberry leads FTSE 100 up October 11, 2012 The blue chip index was up in early trading, led by fashion retailer Burberry and UK banking shares. The collapse of the merger talks between BAE and EADS and Direct Line’s £2.62bn float were the main talking points this morning. Nat Rothschild’s Bumi rose 15.35 per cent in early trading on the mid-cap index, as [...]
Burberry leads FTSE 100 up October 11, 2012 The blue chip index was up in early trading, led by fashion retailer Burberry and UK banking shares. The collapse of the merger talks between BAE and EADS and Direct Line’s £2.62bn float were the main talking points this morning. Nat Rothschild’s Bumi rose 15.35 per cent in early trading on the mid-cap index, as [...]
Burberry and WH Smith in the spotlight October 7, 2012 A RAFT of economic information due out tomorrow will shed light on whether the UK is gradually pulling out of its double-dip recession. The British Retail Consortium (BRC) will release its sales data for September, following a gloomy August where the Olympics failed to boost spending and like-for-like retail figures fell 0.4 per cent compared [...]