CITY VIEWS | HAS MARKS & SPENCER LOST ITS SPARK? May 22, 2012 PORTOLEIO MATTHEW CHARTIS I don’t think so. Its retail services are very good so this is just due to reduced profitability in the economy. If you compare it with Sainsbury or Tesco it is a much higher value brand and its bakery is exceptional. NATASHA RUSKINA IG GROUP No. I think this dip is just [...]
CITY VIEWS | HAS MARKS & SPENCER LOST ITS SPARK? May 22, 2012 PORTOLEIO MATTHEW CHARTIS I don’t think so. Its retail services are very good so this is just due to reduced profitability in the economy. If you compare it with Sainsbury or Tesco it is a much higher value brand and its bakery is exceptional. NATASHA RUSKINA IG GROUP No. I think this dip is just [...]
Before the open – 20/08 August 20, 2013 The UK's leading FTSE index is expected to open lower this morning as US equities see their first four day losing streak of 2013. The losses saw Asian markets down overnight with the Nikkei closing down 2.63 per cent. ETX Capital #morningcall: FTSE100 down 33 points, the DAX lower by 37 points and the CAC40 [...]
Chime snaps up pH Associates October 16, 2012 PR firm Chime Communication yesterday announced it had bought pH Associates, a pharmaceutical data provider, for £6.92m. The deal is comprised of nearly 90 per cent cash with 10 per cent surplus working capital of PHA after it joins Chime. PHA, which reported revenue of £1.7m and operating profit of £584,000 last year, is owned [...]
H&M SET ON GROWTH DESPITE POOR SUMMER September 29, 2011 HENNES & Mauritz pledged to push on with its aggressive expansion despite yesterday reporting its fourth consecutive fall in quarterly profits, as the strong Swedish currency and wet summer weather depressed sales in several key markets. Net sales for the third quarter were flat at SKr26.9bn (£2.5bn) while net profits fell 15.4 per cent to [...]
H&M SALES BEAT FORECASTS September 16, 2011 Swedish budget fashion group Hennes & Mauritz yesterday reported sales for August that smashed worries that gloomy consumer sentiment would dent appetite for new clothes. Total sales were up eight per cent against analysts’ expectations of 2.3 per cent. Turnover in the June-August quarter was 26.9bn crowns (£3.17bn) excluding VAT.
Former Brown minister Davies to chair Chime November 19, 2012 FORMER business minister and Standard Chartered chief Lord Mervyn Davies landed a new role as chairman of Chime Communications yesterday. Lord Davies, who served as Gordon Brown’s minister of state for trade, investment and small business from January 2009 until Brown left Downing Street in 2010, takes the role after Lord Bell stepped down to [...]
Before the open: FTSE expected up as markets wait for Carney’s Westminister appearance September 12, 2013 Predictions before open this morning are reasonably good for the FTSE with most traders predicting an increase. Bank of England governor Mark Carney will be present at the Treasury Committee Hearing for an inflation report this morning at 10.00. Morning ftse +3, Dow Flat, dax +25, Nikkei -80, H/s +70, SP 1689, Brent 111.57, Nymex [...]
M&S sales fall flat as it fails to carve a fashion identity July 10, 2012 THE RETAILER famous for £10 meals and the Per Una brand has stumbled. In this age of austerity, it may come as little surprise that a firm like M&S is falling short. But in reporting its weakest quarterly figures for seven years, its challenges run far deeper. Although M&S’s food sales grew by 2.9 per [...]
Elegance and opulence in Rutland December 20, 2012 Built for George Villiers, Duke of Buckingham in the 17th century, Rutland’s Mansion House was severely damaged by Parliamentarians in the civil war. It was resurrected by Daniel Finch, second Earl of Nottingham and sixth Earl of Winchelsea, in 1694. The “new house” was built over the next six years. It was even considered for [...]