Ideal Shopping returns to profit

15th Sep 2010 07:51

TV shopping channel Ideal Shopping posted a first half pre-tax profit compared to a loss the year before with trading in the second half in line with management expectations. For the 26 weeks ended 4 July 2010 pre-tax profit was £2.89m compared to a loss of £1.2m a year earlier. Revenue for the per

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Ideal Shopping founders may sell up

12th Jul 2010 14:38

The 'For Sale' sign is up at TV shopping channel Ideal Shopping after chiefs today confirmed press speculation they might offload the business. "The board confirms that it intends to undertake a review of its strategic options, which could include a sale of the company," read a short statement Mond

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Ideal Shopping Direct To Undertake Review Of Strategic Options

12th Jul 2010 12:31

LONDON (Dow Jones)--Ideal Shopping Direct PLC (IDS.LN), a digital retailer, selling products to consumers via its television shopping channels and the internet, said Monday that it intends to undertake a review of its strategic options, which could include a sale of the company. MAIN FACTS:

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Eckoh: Ideal Shopping Direct Extends Contract By 2 Years

12th Jul 2010 08:05

LONDON (Dow Jones)--Eckoh PLC (ECK.LN), a developer of speech recognition solutions for customer contact centers, said Monday that Ideal Shopping Direct, or ISD, a leading digital retailer, has extended its contract for a further two-year period up to October 2013. MAIN FACTS: -ISD were one

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London close: Higher finish for FTSE 100

15th Jun 2010 16:39

British Satellite Broadcasting (BSkyB) was in focus Tuesday, climbing more than 16% to help Footsie to a higher finish after an offer from News Corp. News Corporation, the vehicle of media magnate Rupert Murdoch, is fed up being a 39.1% minority shareholder in BSkyB and wants to gain full control o

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London afternoon: British Airways soars on ACAS news

15th Jun 2010 14:35

Shares have largely moved sideways in the afternoon session, with the sharp rise by British Satellite Broadcasting (BSkyB) more than offsetting the loss on BP, which is once again featuring high on traders' sell lists after ratings agency Fitch downgraded the oil giant's credit rating. News Corpora

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London midday: Tesco joins market advance

15th Jun 2010 11:53

Though prices came off in the last hour of the morning Footsie still had a positive session, with equities boosted by the release of better than expected inflation figures. The annual rate of inflation fell to 3.4% in May from 3.7% the previous month. The fall was more than had been expected, but

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Ideal Shopping Eyes Dividend Return On Swing To Big 1H Profit

15th Jun 2010 08:56

LONDON (Dow Jones)--U.K. home shopping channel retailer Ideal Shopping Direct PLC (IDS.LN) Tuesday said it expects to reintroduce a dividend this year as it anticipates a swing to a "substantial" first-half profit, boosted by continued strong sales growth. The firm didn't pay a 2009 dividend but

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Ideal Shopping expects "substantial" profit

15th Jun 2010 08:20

TV shopping channel Ideal Shopping said it expects to report a "substantial" profit in the first half of 2010. The group also said that it feels it can reintroduce a sustainable dividend policy when the interim results are announced in September. Ideal Shopping said 2010 continues to be encouragin

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Ideal Shopping back into profit

23rd Mar 2010 13:20

TV shopping channel Ideal Shopping swung back into profit in 2009 and has seen a strong start for the current year with like-for-like sales up by 8.8%. Gross margin improved to 41.1% (2008: 34.2%; 37.3% underlying), with underlying profit before tax of £1.3m against a loss £4m. Pre-tax profits were

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Good Life for Ideal Shopping

23rd Dec 2009 07:24

Ideal Shopping is to the buy plants and garden equipment group Lead The Good Life Limited (LTGL)from its own founders for an initial £5m, rising by a possible further £2.2m. LTGL is a retailer of plants and garden equipment selling directly to its customers by mail order, the internet and the tele

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Sector movers: JJB leads retailers lower

17th Dec 2009 12:13

JJB Sports is leading the retail sector lower. The sportswear and equipment retailer reported a 29% decline in underlying sales and remains cautious about Christmas and New Year trading. However, it's not all bad news on the retail front. Car dealer Inchcape is higher after saying it expects 2009's

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Small cap round-up: ILX, Ideal Shopping, Provexis...

17th Dec 2009 12:03

E-learning company ILX has won three contracts that are expected to produce revenues of more than £0.27m over the life of the contracts. The first contract is to provide project management training to a major government department over a period of three years. The other two contracts are for overse

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Halfords director doubles stake

28th Sep 2009 16:20

Nigel Wilson, a senior independent director at the car parts and bicycle retailer Halfords, has nearly doubled his stake in the firm, spending just less than £70,000 on shares. He took 20,000 at 349p a time and now has 41,000. Wilson, who is also chief financial officer at the business publisher U

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Ideal Shopping steady after addressing problema

23rd Sep 2009 08:53

TV and online shopping business Ideal Shopping Direct posted steady revenues in the half year to June 28 after addressing what it described as 'a poor customer experience.' The company, which sells clothes, jewellery and home products on Sky and Virgin Media channels, posted a pre-tax loss of £1.2m

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