Next’s valuation “now up with events” says Liberum as it downgrades following share price surge
The broker lowered its rating for the retailer to 'hold' from 'buy' on valuation grounds following a 64% jump in the shares since January
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Fashion & brands
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Koovs racks up sales jump but fashion retailer still faces investment uncertainty
The £6.5mln investment by Future Lifestyle Fashions Limited, announced in July, is looking shaky as Reserve Bank of India has required the investor to reapply for approval
McBride slides as it predicts earnings will be second-half weighted
The maker of OvenPride said first-quarter revenues for its Household division were 1.8% higher year-on-year, although it UK market suffered a slowdown
Reckitt Benckiser cuts targets as new CEO takes stock
For 2019, Reckitt's net revenue growth target has been reduced to 0-2% on a like-for-like basis, having been cut to 2-3% in July from previous 3-4% guidance
Koovs shredded as Indian central bank halts investment by largest shareholder
The Reserve Bank of India said retail giant Future Group will need to reapply for approval to inject £6.8mln into the firm after purchasing only £250,000 worth of shares
Unilever and Reckitt shares offer “rare” buying window
The recent performance of the consumer staples sector relative to the market is showing a “rare dislocation” from global bond yields, analysts at Berenberg say
Walker Greenbank dodges profit warning despite tough trading conditions
The company's strategy going forward will be a sharp focus on driving the brands
Bellway and Hays may struggle to cut through market gloom
Tuesday's news is also likely to see a focus on UK unemployment numbers and a meeting of European ministers ahead of the big European Council summit later in the week
QUIZ’s answer is to cut costs as sales slide
Online revenues rose 7% to £20mln but concessions fared worse than expected
LSE launches “Green Economy” classification, including Symphony Environmental
The new award is for listed companies who derive 50% or more of their activity from industries looking to reduce environmental risks and promote sustainable development
Future accelerates earn-out payments for MoNa after "stellar year"
Mobile Nations' brands include Android Central, Crackberry, iMore and Modern Dad
Snap election this year could spell deeper misery for retailers
Analysts at Peel Hunt said a customary drop in footfall that often accompanies an election campaign could hit retailers over the critical Christmas period
Vast Resources “near” to finalising funding process for both key projects
Vast has begun preparations so that the Baita Plai polymetallic mine in Romania can be commissioned within three months of the drawdown of finance
Symphony Environmental confident of an improving performance
"We continue to believe that there is a strong global outlook for d2w technology underpinned by regulatory, legislative and market forces in our key markets of Latin America and the Middle East."
Innovaderma upbeat as it gets set for major product launch
Haris Chaudhry, chairman, said this will be in a new category, fast-growing retail footprint.
Pure Minerals continues Townsville Energy Chemicals Hub development to enhance downstream processing in Australia
The proposed chemicals hub will produce value-added chemicals such as nickel and cobalt sulphate which are becoming increasingly critical to the electric vehicle and battery sector.
FDA plans to ban flavoured e-cigarettes could be a positive for BAT
US regulators have proposed the ban to combat a rise in both underage vaping and a recent rise in respiratory illnesses linked to e-cigarettes
Accrol results highlight tissue business is more “operationally efficient and fit for purpose”
“The new board and management team of Accrol delivered a complex and comprehensive turnaround plan in 2019," said chairman Dan Wright
PZ Cussons sells off shower gel brand and olive oil business as it targets return to growth
Profits have plunged over the past couple of years, and PZ Cussons is looking to streamline the business in order to reverse that trend
Lender Amigo, recruiter Hays and Gym Group all due to report on busy Thursday in London
There has been a dearth of announcements over the summer holidays, but the corporate news machine is getting ready to fire itself up again with the kids heading back to school shortly