UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
The company revealed that Stretch Armstrong and its major product lines have all performed well. Character Options has announced its latest trading statement, revealing that the board expects to deliver results for the year ended August ...
In a trading statement for first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects to deliver a significant increase in revenues and profits compared with first-half 2015 and continues to ...
Tags: IQE, epiwafer foundry
Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos
In its trading statement for the 26 weeks period to July 25, 2015, UK fashion retailer Next reported a 3.5 per cent year over year hike in full price sales. “Next full price sales for the first half of fiscal 2016 grew 3.5 per cent, ...
Tags: Next Retail, Clearance rates, Apparel
DFS is to target a valuation of between £600m and £1b in a long-awaited London stock market listing on 4th February that will include a substantial offering to retail investors, according to Sky News. The company is owned by ...
Tags: stock market, retail investors, Furniture
Europe-based corrugated packaging provider DS Smith will be acquiring Spanish corrugated board producer, Andopack for about £35m. DS Smith said that with this strategic investment, the company would get a direct access to Spain's ...
Tags: Spain's Andropack, corrugated board producer, Agriculture
As a result of the better than expected first half performance, UK-based fashion retailer, Next plc has raised its profit guidance by £25 million. This was revealed in the latest trading statement for 26 weeks to July 29 released ...
Tags: Fashion Retailer
Global online fashion destination ASOS plc announces trading statement for the three months ended 31 May 2014. Three months to 31 May 2014 highlights -Retail sales +25% year on year (UK +43%, International +17%) -International ...
Tags: online fashion, ASOS
Yahoo has posted a first quarter earnings decline of 20% to $311.6 million. In a trading update yesterday, the company added that revenue from display advertising increased by 2% to $409 million. Additionally, first quarter group revenue ...
Tags: Yahoo, Computer Products
Marks and Spencer Group plc quarter 4 2013/14 trading statement 13 weeks to 29 March 2014. Highlights: -Group sales +1.9% -UK: total sales +1.5%, like-for-like –0.2% -Food: total sales +2.5%, like-for-like +0.1% -GM: ...
Tags: Marks&Spencer, Clothing
Leading specialist carpet and floor coverings retailer Carpetright plc today announced an update on trading for the eight weeks ending 22nd March 2014, and its expectations for the full year. It announced that, while its UK like-for-like ...
Tags: carpet, floor coverings, Carpetright
Britain's biggest retailer Tesco has delivered "poor" third quarter results – with like-for-like sales down 1.5% – 18 months after launching its £1bn turnaround plan, according to City analyst Shore Capital. Tesco's ...
Tags: Agriculture, Food
Sainsbury reports second quarter trading statement for 16 weeks to 28 September 2013. Highlights: - Total sales for second quarter up 5.0 per cent (4.6 per cent excluding fuel) - Like-for-like sales for second quarter up 2.1 per cent ...
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food