STU.L News Headlines. STU Share News. Financial News Articles for updated throughout the day.

25 Feb 2022 10:58

Frasers buys operations of failed Studio Retail for GBP27 million

(Alliance News) - Frasers Group PLC said Friday it has acquired Studio Retail Ltd, the main operating business of Lancashire-based Studio Retail Group PLC, for GBP26.8 million in total.

25 Feb 2022 07:05

Frasers buys Studio Retail out of administration

(Sharecast News) - Mike Ashley's Frasers Group said it had bought digital retailer, Studio Retail out of administration, saving the troubled firm and 1,500 jobs.

14 Feb 2022 12:05

LONDON MARKET MIDDAY: Stocks tank as war threat intensifies

(Alliance News) - Global equities tumbled on Monday as mounting fears of a Russian attack on Ukraine spooked markets, which have already been bruised by lingering inflationary worries and looming monetary policy tightening by the US Federal Reserve.

14 Feb 2022 11:28

Studio to call in administrators after funding talks fail

(Sharecast News) - Studio Retail Group announced its intention to appoint administrators on Monday, following discussions on meeting its working capital requirements.

14 Feb 2022 11:08

IN BRIEF: Studio Retail to appoint administrators; shares suspended

Studio Retail Group PLC - Lancashire, England-based home shopping company - Announces it will file a notice of intention to appoint administrators to company and wholly owned subsidiary, Studio Retail Ltd. Follows failed financing attempt for additional working capital needed to fund the company as it sells off surplus stock. Had requested GBP25 million short-term loan from its lending banks, but was unable to reach any agreements. Studio Retail counts Frasers Group PLC as a shareholder.

31 Jan 2022 16:47

TRADING UPDATES: Belvoir sees record revenue; Guild widens pretax loss

31 Jan 2022 08:54

Studio Retail warns on FY profits, shares tumble

(Sharecast News) - Studio Retail warned on full-year profits on Monday, citing subdued demand in January and market-wide shipping issues, sending shares in the digital value retailer tumbling.

25 Nov 2021 12:25

TRADING UPDATES: Interim profit jumps from XPS Pensions, James Latham

25 Nov 2021 08:10

Studio Retail warns on FY profits, shares tumble

(Sharecast News) - Studio Retail posted a rise in interim profit and revenue on Thursday but warned on full-year profits as it highlighted "challenging" conditions in the third quarter.

8 Nov 2021 15:14