SSE to tread carefully with interim results as 'windfall tax' looms: Wednesday's agenda
Results from SSE, CMC Markets as well as Consumer Price Index figures
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Adidas's new leadership will provide some Yeezy relief, says RBC
2023 includes many challenges, said RBC, most notable the loss of profit and revenue from the Yeezy products
Joules set to file for administration
The clothing and homeware company said talks to raise new funds have been unsuccessful
Adidas 'no longer living on Yeezy Street' said Deutsche Bank
Cutting ties with Kanye West will cost around €350mln in lost profits
Adidas to continue making Yeezy products despite cutting ties with Kanye West
Adidas and Ye had been working in collaboration since 2014, with the two releasing the 'Yeezy Season 1' collection in February 2015
Adidas slashes guidance, cites cutting ties with Kanye West
Adidas now expects net income from operations to be around €250mln, down from the target of €500mln before it ditched Ye
Brand Architekts falls as refocus on profitability leads to larger loss
The strategy was tweaked last year to focus on profitability, with seven brands relaunched
Seraphine's share plunge after forecasting first-half loss
The maternity and nursing wear retailer forecast product revenue in the first half would be around £19mln, down from £20.8mln last year with an EBITDA loss of around £1.5mln
Joules seeks new financing from founder after poor trading
The retailer said it has made "good progress" in defining and delivering its turnaround plan
Reckitt Benckiser reports slow down in sales; expects to continue to pass on cost hikes
The company narrowed its full-year net revenue growth target to somewhere between 6% and 8%, compared to previous estimations of 5% to 8%
FIVE at FIVE: THG ‘comfortably below expectations,’ Adidas boots Kanye, HSBC kicks off banking season and Rishi Sunak’s crypto vision
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Zara enters pre-owned market as it attempts to cut its carbon footprint
Clothing retailers are increasingly looking at ways to cut their carbon footprint, taking different approaches to the issue
Nestle and P&G give heads up on this week's updates from Unilever and Reckitt Benckiser
Successfully passing on price rises leading to strong sales growth, but that consumers may start to tightening the purse strings further was the consensus
Torch sales soaring amid blackout fears- Toolstation
Sales of torches, portable generators and warm clothing have skyrocketed in response to National Grid warnings
Joules mulls going down CVA route
The Leicester-based retailer is working on a “simplification agenda”
H&M to trial charging for clothing returns
Like many in the fashion world, the retailer has lamented the high number of returns and the associated costs that come with that
Card Factory swings to profit in H1 as sales also grow
The company expects to manage inflationary pressures by targeted price rises and efficiency measures and is hedged on energy costs until September 2024 and currency beyond the current financial year
Unilever boss to step down at end of 2023
Jope was in charge of the botched attempt to buy Haleon
In The Style says it is making ‘solid’ progress on growth strategy
The online womenswear retailer has launched its own-brand collection and moved to a bigger warehouse
PZ Cussons reports improving momentum in sales as inflation eats away at profits
The group, which produces hygiene products such as Carex, said adjusted pre-tax profits fell 2.9% to £66.6mln with pricing and productivity initiatives largely offsetting cost inflation which cost the business around £40mln