All articles by Lisa Berwin – Page 27
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NewsSpeciality Retail Group boss exits after cost-cutting merger
Speciality Retail Group managing director Nick Keyte has left the business, following the completion of its merger with stablemate BMB Group.
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NewsSir Philip Green outlines plans for Bhs merger with Arcadia
Sir Philip Green has outlined plans for his merged Arcadia Group and Bhs business, which is almost complete.
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NewsSports Direct profits tumble
Sports Direct has refused to be drawn in to the controversy over the loan its founder Mike Ashley gave to JJB chairman Sir David Jones as it scrapped its final dividend following a fall in underlying profit of 20.2 per cent.
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NewsDiscount chain The Big Label shuts its doors
Northwest discount chain The Big Label has shut its doors after falling into administration.
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NewsNumber of retailers facing financial difficulties soars
The number of retailers facing “critical” financial troubles has increased 91 per cent in the second quarter of this year compared to 2008.
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NewsBurberry has a strong start to the year
Burberry made a solid start to the year with retail revenues ahead 12 per cent in the three months to June 30.
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NewsArthur Ryan to step down as managing director at Primark
Primark founder Arthur Ryan is to step down as managing director of the fashion retailer in September, when chief operating officer Paul Marchant will become chief executive.
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NewsRetail sales grow 1.4 per cent in June
Retail sales in June grew 1.4 per cent on a like-for-like basis helped by the heatwave across the country and clearance Sales.
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NewsSir David Jones attempts to defuse loan row
JJB Sports executive chairman Sir David Jones has repaid a £1.5m personal loan from Sports Direct founder Mike Ashley after what he has described as one of “the most stressful” weeks of his 49-year retail career.
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NewsTopman to sell music in Rough Trade deal
Topman is to sell music at its flagship Oxford Street store in a deal with iconic London music independent Rough Trade Retail Group.
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NewsYoung-fashion brands tap premium market
Young-fashion retailers Dorothy Perkins and River Island have launched higher-end collections in an attempt to capture more of their customers’ spend.
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NewsDave Whelan hits out at Mike Ashley as Sir David Jones loan row hots up
JJB Sports founder Dave Whelan has accused Sports Direct boss Mike Ashley of “trying to blacken” the formerly unblemished name of Sir David Jones in the latest row to rock the turbulent sportswear sector.
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NewsRepublic tests out-of-town model with two Scottish store openings
Young-fashion retailer Republic is trialling an out-of-town concept as it seeks to widen its appeal.
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NewsBlacks trials new formats to shore up sales ahead of boardwear exit
Outdoor specialist Blacks Leisure has begun testing new store formats in an attempt to strengthen the struggling retailer.
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NewsBroker challenges Sports Direct over corporate governance
Ahead of Sports Direct’s full-year results next week broker Investec has issued a note challenging the sports retailer to answer some key corporate governance questions and fully disclose business information.
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NewsMike Ashley claims Sir David Jones agreed loan after he joined JJB Sports
The scandal over JJB chairman Sir David Jones’ £1.5m loan from Sports Direct’s Mike Ashley is escalating, with Ashley claiming he gave Jones the loan after he joined JJB’s board.
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NewsJJB Sports pledges support for Sir David Jones as share price plummets
JJB Sports is trying to curb another escalating crisis following the revelations that chairman Sir David Jones took a £1.5m loan from Sports Direct founder Mike Ashley.
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NewsN Brown sales up 5.1 per cent
N Brown has made a strong start to its financial year with continued growth across its home shopping brands and a 5.1 per cent rise in turnover in the 18 weeks to July 4.
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NewsJJB mulls rights issue as loan scandal hits Sir David Jones
JJB Sports has confirmed that it is considering a £50m rights issue to raise capital for the sports retailer’s turnaround as its chairman Sir David Jones has become embroiled in a loan scandal.
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NewsGeorge Davies picks sites for new fashion venture
Fashion entrepreneur George Davies has identified the first seven sites for his new GIVe womenswear brand that is set to launch in October.