Struggling Superdry reportedly in talks to tap Hilco for £10m loan March 11, 2024 Struggling high street retailer Superdry is reportedly in talks to tap one of its existing lenders for a £10m loan.
Vertu Motors warns of volatility in new car market despite ‘positive’ trading June 25, 2024 Vertu chief executive Robert Forrestor said he was "pleased to report that trading remains positive" despite concerns over the ZEV mandate.
Superdrug profits soar 71 per cent as budget beauty buys boost sales July 12, 2023 Superdrug has reported a surge in profits in its full year results thanks to a jump in sales of its own-brand products on top of strong Christmas trading. The medicine-to-beauty seller recorded pre-tax profits of £77.8m, up 71.1 per cent compared to the same period the previous year, as the retailer welcomed its first full [...]
Mike Ashley’s Frasers Group plots stake in two UK shopping centres May 21, 2024 Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals, one of which includes a 50 per cent stake in the King’s property company as the retail behemoth looks to grow its physical estate.
Next: Retail giant does it again with further profit guidance upgrade August 3, 2023 Next is upgrading its full year guidance for group profit before tax by £10m to £845m, following a strong performance in the second quarter helped by summer sales.
Farfetch applies to appoint UK administrator as investors fight Coupang takeover January 30, 2024 The directors of online luxury goods retailer Farfetch have applied to the English High Court with an application to appoint an administrator.
Treasury could launch Natwest retail sell-off as soon as June, UKGI confirms February 6, 2024 The Treasury could begin selling its shares in Natwest as soon as June, the body for government investments has confirmed.
Lovehoney profit slashed in half as Brits cut back on adult toys July 9, 2024 Adult retailer Lovehoney has seen its profit slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown.
Government could launch Natwest public share sale this summer January 28, 2024 The government is preparing to start selling its shares in Natwest to retail investors as soon as the middle of this year, City A.M. understands.
Brexit-proof: City’s share of European investment management market larger than Frankfurt, Paris and Zurich combined September 23, 2021 The City of London’s share of the European investment management market is larger than the combined total of Paris, Frankfurt or Zurich. It is by far the largest investment management hub in Europe with a market share of 37 per cent, according to new data shared with City A.M. today. The City of London and [...]