All Department stores articles – Page 197
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NewsHarold Tillman secures Allders’ future in landlord deal
Fashion entrepreneur Harold Tillman has secured the future of his Allders department store in Croydon after joining forces with landlord Minerva to create a revised and relocated shopping centre in the town centre.
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NewsSelfridges and Nike host World Cup ‘pop-up stadium’
Sportswear brand Nike will open a “pop-up stadium” in department store Selfridges in London, next week, showing World Cup games.
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NewsFenwick completes Bond Street revamp
Fenwick has completed a two-year redevelopment of its flagship Bond Street store. The 71,500 sq ft department store now has 20% more space and the retailer has been given a modern overhaul.
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GalleryParis fashion: in a league of its own
The World Cup might be in full swing but in Paris ‘le foot’ struggles to be heard above the noise of the fashion crowd. John Ryan reports
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NewsJohn Lewis reports strong bank holiday trade
John Lewis reported weekly sales up 20.6% in the week to June 5, buoyed by trade over the bank holiday although the hot weather by the end of the week took the edge off sales.
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NewsKarstadt rescued by Nicholas Berggruen and BCBG Max Azria
Insolvent German department store group Karstadt is set to be rescued by a consortium involving German billionaire investor Nicholas Berggruen and luxury fashion house BCBG Max Azria.
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NewsTJ Hughes pulls sale process
TJ Hughes, the discount department store chain, has axed its sale process.
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NewsMohamed Al Fayed explains Harrods sale
Harrods owner Mohamed Al Fayed has explained his decision to sell the legendary department store.
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News
Department store Isetan Mitsukoshi posts £435m loss
Department store Isetan Mitsukoshi posted a consolidated net loss of ¥63.52bn (£435m) in the year ended March 31, which the retailer blamed on sluggish consumption and severe competition. The loss compares with a group net profit of ¥4.68bn (£25m) in the previous year. Sales were down 9.5% to ¥1.29 trillion ...
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News
Debenhams to open its first department store in South Korea
Debenhams is expected to open its first department store in South Korea at the end of this year. South Korean retailer Deben said it signed an exclusive deal with Debenhams in October last year to open and operate branches of the department store in the country.
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NewsBlueGem agrees terms of offer for Liberty
The boards of Liberty and private equity vehicle BlueGem have reached an agreement on the terms of a recommended cash offer for the luxury department store.
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NewsJón Ásgeir Jóhannesson resigns from House of Fraser board
Former Baugur boss Jón Ásgeir Jóhannesson has resigned from the board of department store group house of Fraser after a $2bn fraud lawsuit was filed against him in the US.
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NewsSales leap at Liberty
Sales at upmarket department store Liberty rose 40% in the first four months of this year, owner MWB has reported.
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NewsAdministrators plan closure of nine Vergo Retail department stores
The administrators of Vergo Retail, the department store group which owns Lewis’ in Liverpool, Joplings in Sunderland and Robbs in Hexham, is set to close nine of its stores within the next month in an attempt to stem losses and keep the rest of the business trading.
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Opinion
The Harrods Sale
Mohamed Al Fayed’s sale of Harrods concludes one of the more colourful chapters in UK retailing.
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NewsNew Harrods owners consider international push
The new owner of Harrods, Qatar Holding, is poised to push the button on overseas expansion, including a potential flagship Harrods store in Shanghai, following its £1.5bn acquisition of the Knightsbridge department store at the weekend.