Stock Market
This coverage tracks the stock market performance of key retailers and related companies, with analysis of share price movements, financial results, and investor sentiment. Reporting highlights earnings announcements, strategic updates affecting valuations, market reactions, and executive commentary — equipping retail professionals with insights into how public markets view the sector’s commercial and strategic developments.
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Sep- 2022 -26 SeptemberNews
Sainsbury’s property deal with LXi REIT falls through
Property investor LXi REIT has announced it is pulling out from a deal to buy 18 Sainsbury’s stores in southern England after suspending an equity funding, citing stock market volatility. LXi had last Wednesday (21 September) said it was in talks with the grocer to buy 18 supermarkets for £500m…
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Jan- 2022 -13 JanuaryClothing & Shoes
Asos to move to main stock market amid sales boost
Asos has announced its intention to move to London Stock Exchange’s Main Market at the end of February 2022 after recording “robust” sales for the four months ended 31 December 2021. During the period, revenue grew 5% to £1.4bn, up from £1.36bn the previous year. As a result, the retailer…
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10 JanuaryOnline & Digital
THG hands FCA dossier on ‘irregular’ trading claims
THG has reportedly handed over a dossier to the financial watchdog the FCA which it hopes will prove that it experienced a coordinated attack on its share price. According to The Times, THG has passed over data that it believes indicates irregular stock market trading and short-selling. The paper also…
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Dec- 2021 -20 DecemberHigh Street
Mike Ashley to consider taking Frasers private
Mike Ashely is reportedly considering taking Frasers Group off of the stock market in a bid to take advantage of its recent period of strong growth. According to The Telegraph, its recent performance combined with an intensive share buyback scheme has prompted speculation of delisting. It is thought that the…
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Nov- 2021 -22 NovemberDepartment Stores
US equity firm Apollo examines potential M&S buyout
US private equity firm Apollo has reportedly been considering a buyout of Marks and Spencer, after initially considering it to be undervalued. According to the Sunday Times, it said city sources believe that Apollo considered M&S to be a “bargain” and that the impact of Covid-19 had unfairly “weighed down”…
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Oct- 2021 -7 OctoberDIY
Victorian Plumbing FY21 sales rise 29%
Victorian Plumbing Group has reported revenue growth of 29% for the full-year ending 30 September 2021. The online retailer said the growth reflected “strong” trading in the first three quarters of the year and more “subdued” market conditions as lockdown restrictions were eased, before customer demand improved in September. During…
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Aug- 2021 -9 AugustHR
Ocado to allow staff to work from anywhere for one month a year
Ocado has reportedly told its staff members that they can now work wherever they want, including abroad, for one month a year. According to The Times, the opportunity has arisen following numerous requests from employees at the online grocer who worked from home during the pandemic. The decision has supposedly…
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Jul- 2021 -23 JulyHigh Street
Hotel Chocolat raises £40m in stock market debut
Hotel Chocolat has announced the completion of the placing of ordinary shares at £0.1p each raising gross proceeds of £40m on the London Stock Exchange. Having received strong demand from existing shareholders and other institutional investors, a total of 11,112,913 new ordinary shares were placed at a price of 355p…
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Jun- 2021 -22 JuneDIY
Victorian Plumbing makes £850m stock market debut
Victorian Plumbing has officially made its stock market debut this morning (22 June) with an initial market capitalisation of £850m. Last week the group confirmed a conditional placing of 4,427,481 new ordinary shares and 109,122,138 existing ordinary shares, at a price of 262 pence per share. Through the placing of…
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16 JuneDIY
Made.com debuts on stock market with £775.3m price offer
Made.com has confirmed its intention to float on the London Stock Exchange on 21 June 2021 with an offer price of £775.3m. The online furniture retailer first announced its plans to debut on the market last month with the latest announcement revealing that the IPO has been set at 200…
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