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Bonmarché shares halve after sales slump

Bonmarché shares halve after sales slump

Business
Shares in fashion chain Bonmarché fell sharply after the group warned it could slip to a full-year loss of up to £4m.The budget retailer's shares lost 50% before settling to a 40% loss. The decline follows "extremely poor" Black Friday sales and continuing subdued shopper demand amid Brexit uncertainty.Bonmarché said: "consumer behaviour is not following last year's pattern, nor the pattern of any year we have experienced previously,"The company said sales had not recovered since Black Friday, "despite the application of extensive discounts" and predicted sales would not recover to normal levels in the short term."We believe that uncertainty surrounding Brexit is a significant factor affecting demand and, therefore, that it may not str...
50 Cent expresses sorrow after on-set death

50 Cent expresses sorrow after on-set death

Entertainment
50 Cent has sent his condolences to the family of a crew member who died while working on his Starz TV show Power.Pedro Jimenez was reportedly struck by a car driven by a colleague while putting down traffic cones on location in Brooklyn, New York."My prayers and condolences are with the entire Jimenez family", the rapper wrote on Twitter. Filming has been halted out of respect and to give cast and crew time away from the show."We are deeply saddened by the loss of one of the members of our Power family," said Starz in a statement."Our thoughts are with Mr Jimenez' family as we work to fully understand what has happened."Members of Power's cast paid tribute on Jiminez, who had been part of the production team since the show started in 2014."Truly shocked and saddened! Losing one of our own...
Stocks making the biggest moves after hours: American Eagle, Dave & Buster's and more

Stocks making the biggest moves after hours: American Eagle, Dave & Buster's and more

Finance
Check out the companies making headlines after the bell: American Eagle shares fell more than 6 percent after the market-close Tuesday. The clothing brand missed revenue estimates revenue, reporting $ 1 billion while analysts expected $ 1.02 billion. It met earnings projections at 48 cents a share. It also reported 8 percent growth in comparative sales, while analysts estimated 8.5 percent growth. Dave and Busters shares dropped more than 15 percent during after hours trading despite beating analyst estimates. The company reported earnings of 30 cents per share, versus analyst estimates of 24 cents per share. It also reported $ 282 million in r...
Pound sinks after no confidence report

Pound sinks after no confidence report

Business
Sterling fell against the dollar to a new 20-month low on Tuesday.The decline followed a Sky News report colleagues of Theresa May believed they had sufficient numbers to trigger a no-confidence vote in her leadership.Sky's deputy political editor Beth Rigby tweeted that Conservative MPs were "pretty confident" they had the 48 letters needed.But other media reported that total had not yet been reached.The pound fell to $ 1.2490, down more than half of one percent on the day, after earlier trading above $ 1.26.Investors spookedOn Tuesday a stronger dollar also dragged on the UK currency.Against the euro, sterling was at 90.555 pence, near a three-and-a-half-month low.Tuesday's weakness in the pound follows Mrs May's decision on Monday to delay a parliament...
Cheryl hints at new man months after Liam Payne split

Cheryl hints at new man months after Liam Payne split

Entertainment
Cheryl confirmed her split from One Direction’s Liam Payne in July this year.Although the duo appear to have remained friends, it sounds like their romance is over for good.Despite having a child together, Bear Payne, the duo are co-parenting while they both work on their careers.While they’ve both faced speculation surrounding their love life, it sounds like Cheryl is starting to crush on a man. Related Articles “That’s a pinkie promise… yet”CherylSpeaking to Vick Hope at Capital’s Jingle Bell Ball with Coca-Cola, Cheryl hinted at her pending love life with Michael B Jordan.With Vick telling Cheryl that they’d entered a love triangle with Michael, Cheryl made a promise that nothing would happen between the pair.Telling Cheryl that if so...