All articles by Lisa Berwin – Page 38
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Findel assesses future of underperforming brands
Home shopping group Findel has reported group sales down 3 per cent for the 44 weeks to February 6 compared to the same period last year.
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Stylo chairman to buy 200 stores from administration
Stylo chairman Michael Ziff is planning to buy back 200 of the group’s 380 stores from administrator Deloitte.
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The Co-operative Group to close Somerfield head office next year
The Co-operative Group plans to close Somerfield’s head office in Bristol next year, putting hundreds of jobs at risk.
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H&M sales beat expectations
Fashion group H&M has reported a stronger than expected January, when same-store sales fell 1 per cent.
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London's January sales strongest in five months
London retailers enjoyed their highest like-for-like sales in five months during January, when shoppers in the capital were attracted by deep discounts and clearance Sales.
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Topshop sets opening date for New York flagship
The opening date for Topshop’s much-anticipated New York flagship store has been revealed as April 2.
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NewsRose Foster leaves La Senza
La Senza chief executive Rose Foster has left the lingerie retailer after less than two years in the role.>
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Asos to up interaction with web community
Asos is planning to launch an online community channel on its website as it seeks to drive customer interaction with the fashion brand.
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JJB Sports set for reprieve as bidders eye Blacks
The embattled sportswear market is this week heading for a major shake-up as the future of JJB Sports and Blacks Leisure remains unclear.
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LVMH slashes spending for the year after income falls
French luxury retail giant LVMH has slashed its budget for new stores and cut capital expenditure by up to 15 per cent this year to help it steer through the global slowdown.
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Former JLP director Cloake becomes Retail Trust chairman
Dudley Cloake has been appointed chairman of stores sector charity Retail Trust.
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Magnet owner hit by fall in demand for kitchens
Magnet’s Swedish owner Nobia has reported a decline in sales and profits last year as demand for kitchens weakened across Europe.
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H&M names Persson new chief executive
Fashion group H&M has appointed Karl-Johan Persson as successor to chief executive Rolf Eriksen, who will retire this year.
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Mike Ashley and Lion Capital court Blacks
Controversial sports tycoon Mike Ashley and Lion Capital are amongst the interested parties for Blacks Leisure, it is understood.
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Blacks reveals bid interest
Blacks Leisure has said it has received a preliminary approach for the retail group.
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Stylo administration looms as CVA hangs in balance
Last ditch attempts are under way to secure approval of company voluntary arrangements for the Barratts and Priceless chains.
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Supergroup settles copyright case with Arcadia
Supergroup’s wholesale arm Laundry Athletics has reached a settlement with Arcadia Group over the alleged copying of one of its jackets.
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Tesco Direct to introduce customer reviews
Tesco Direct has signed a deal enabling shoppers to review its products online.
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DSGi reported to be preparing rights issue
Electricals giant DSGi is reported to be preparing for a rights issue to raise hundreds of millions of pounds for its struggling business.
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Baugur's retail stakes stir interest
Retail investors including Sir Philip Green and Dragon’s Den star Theo Paphitis have been named as likely interested parties for Baugur assets, after its UK subsidiary was placed into administration at the close of last week.

















