H&M swoops on Carnaby St November 1, 2011 SWEDISH Fashion retailer H&M yesterday signed for the first UK stand-alone stores for its Monki and Cheap brands on London’s Carnaby Street. West End property company Shaftesbury has let its two newly-built stores for a ten year term, which will produce a total rental income of £965,000 per year. Last month H&M took full control [...]
This new paper reveals the secrets of investment guru Warren Buffett December 3, 2013 It's an old question – and until now an unanswered one – just how does Warren Buffett manage to make all that money? The investment guru is an anomaly, and the chart below is a reminder (if you needed one). It's a representation of the success of Buffett's company, Berkshire Hathaway. Its returns are a [...]
What you need to know before the open – 14/10 October 14, 2013 With any hope of a weekend agreement on the US debt ceiling now dashed, last week's market optimism has been watered down. Budget talks are moving to the Senate, but there is still disagreement between the parties. #European markets look set to fall this morning, but not by much, with just three days to go [...]
Hargreaves Lansdown system crashes on Royal Mail trade October 11, 2013 There's been some significant annoyance for Royal Mail investors this morning as Hargreaves Landsdown systems buckle under the weight of trading: We are sincerely sorry for anyone who hasn’t been able to trade this morning and are doing all we can to meet client demand — Hargreaves Lansdown (@HLInvest) October 11, 2013 All available staff [...]
Hancock twins make sweet deal after selling the family business November 22, 2012 THE TWIN brothers behind the pick ‘n’ mix company Hancocks have sold the family business to a Dutch private equity firm for £50m. Andrew and Adrian Hancock have sold the Leicestershire-based cash and carry business founded by their parents 50 years ago to H2 Equity Partners, the group said yesterday. The sweets and chocolates specialist [...]
What you need to know before the open – 08/10 October 8, 2013 With US markets dipping last night, we can expect to see European markets open similarly lower, with the US impasse hampering any kind of notable data. Both China and Japan have expressed concern over the US stalemate and investment values, raising questions on how damaging it'll be to the country's reputation and to the global [...]
H&M sees sales fall October 17, 2011 Swedish budget fashion group Hennes & Mauritz reported a seven per cent drop in sales at established stores in September, in line with forecasts as weak consumer sentiment dents shoppers’ demand for new autumn wear. Analysts in a Reuters poll had forecast a drop of 6 percent in like-for-like sales. Estimates for the decline were [...]
H&M sales hit by warm September October 17, 2011 SALES at Hennes & Mauritz (H&M) the world’s second-largest fashion retailer, fell seven per cent on a like for like basis in September as unusually warm weather across Europe dented demand for autumn clothes. Last year total sales in September, the first month in H&M’s fiscal fourth quarter, rose 16 per cent at the group, [...]
H&M sales hit by warm September October 17, 2011 SALES at Hennes & Mauritz (H&M) the world’s second-largest fashion retailer, fell seven per cent on a like for like basis in September as unusually warm weather across Europe dented demand for autumn clothes. Last year total sales in September, the first month in H&M’s fiscal fourth quarter, rose 16 per cent at the group, [...]
Concern over Portuguese banks as second bailout looms September 25, 2013 Worries continue to mount over the health of the Portuguese banking sector. Analysts at Nomura find that the Portuguese banks underperformed the sector by nine per cent. When compared to other banks in the banks in the troubled Mediterranean companies the situation looks even more dire. When compared to Spain underperformance of the Portuguese banking [...]