SuperGroup in Xmas boom January 12, 2011 SHARES in SuperGroup, the firm behind the Superdry fashion brand, jumped more than 19 per cent yesterday after the company reported its best ever Christmas trading. For the nine weeks to 2 January, total sales almost doubled to £65.1m from a year ago. The company said it had managed to counter the impact of rising [...]
Whose title is it anyway? March 2, 2011 FRANK LAMPARD’S winner on Tuesday could prove the turning point of the season, although I fancy there may be a few more over the next four weeks. We’re entering the decisive phase of the campaign for anyone with title aspirations, and every point gained or dropped now is vital. Results in other competitions could also [...]
JJB in £30m fundraising plan December 24, 2010 JJB has has announced plans to raise £31.5m from shareholders, after issuing a warning it could breach the terms of a banking agreement. The struggling sports retailer said it was raising funds from major shareholders including Crystal Amber and the Bill & Melinda Gates Foundation Trust. It added that its lender, Bank of Scotland, had [...]
HMV supplies hit by credit insurance cut January 18, 2011 TROUBLED music retailer HMV came under further fire yesterday after suppliers revealed that its credit insurers were drastically cutting the amount of sales they would insure. An internal memo from Sony showed that its credit insurers had withdrawn all cover for new sales to HMV after a meeting with HMV chief executive Simon Fox had [...]
HMV supplies hit by credit insurance cut January 18, 2011 TROUBLED music retailer HMV came under further fire yesterday after suppliers revealed that its credit insurers were drastically cutting the amount of sales they would insure. An internal memo from Sony showed that its credit insurers had withdrawn all cover for new sales to HMV after a meeting with HMV chief executive Simon Fox had [...]
Relief for Apple as sales soar January 18, 2011 APPLE beat expectations with its quarterly results yesterday, buoyed by strong Christmas figures that saw the company sell 7.3m iPads, 16.2m iPhones and 19.5m iPods during the period. Analysts had expected earnings per share (EPS) of $3.95 versus an actual EPS of $4.64. Revenues were $26.7bn (£16.7bn) compared with a consensus forecast of $24bn. Apple executives will [...]
Relief for Apple as sales soar January 18, 2011 APPLE beat expectations with its quarterly results yesterday, buoyed by strong Christmas figures that saw the company sell 7.3m iPads, 16.2m iPhones and 19.5m iPods during the period. Analysts had expected earnings per share (EPS) of $3.95 versus an actual EPS of $4.64. Revenues were $26.7bn (£16.7bn) compared with a consensus forecast of $24bn. Apple executives will [...]
Miners and debt concerns leave FTSE lower January 10, 2011 EXCITEMENT over takeover talks at joint replacement specialist Smith & Nephew was not enough to keep the FTSE in positive territory as miners weighed on the index today. The FTSE 100 closed down 37.39 points or 0.6 per cent at 5,946.94 as worries over demand for copper in China and the impact of floods in [...]
Crackers boost for Greetings December 8, 2010 INTERNATIONAL Greetings, the cards and wrapping manufacturer, yesterday reported a surge in demand for Christmas crackers. Total first-half sales rose 13 per cent to £104.5m, with pre-tax profits more than doubling from £1m to £2.1m in the six months to the end of September. Chief executive Paul Fineman said the company will sell 70m crackers [...]
Crackers boost for Greetings December 8, 2010 INTERNATIONAL Greetings, the cards and wrapping manufacturer, yesterday reported a surge in demand for Christmas crackers. Total first-half sales rose 13 per cent to £104.5m, with pre-tax profits more than doubling from £1m to £2.1m in the six months to the end of September. Chief executive Paul Fineman said the company will sell 70m crackers [...]