More on Me + Em – Page 2967
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News
Baugur denies appointing advisors
Baugur has denied newspaper reports that it has appointed BDO Stoy Hayward to advise on a restructuring and possible administration.
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News
Baugur in restructuring talks with BDO Stoy Hayward
Baugur has approached BDO Stoy Hayward to advise it on a restructuring and possible administration.
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News
Burberry reports revenue up 13% but warns of uncertain outlook
Luxury fashion company Burberry has revealed a better-than-expected revenue increase of 13 per cent for the six months to September 30, but warned the outlook remains uncertain.
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News
EBTM sells Lowlife accessory brand
EBTM, the online retailer and wholesaler of music-inspired fashion, has sold its Lowlife accessories brand to Plus Brands.
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News
JJB Sports looks to sell non-core assets
Struggling sports retailer JJB is reviewing the potential sale of its non-core assets to maximise value for its shareholders.
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News
UK retail like-for-likes down 1.5 per cent in September
UK like-for-like retail sales slid 1.5 per cent in September as turmoil in the financial markets hit consumer confidence hard.
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News
House of Fraser and Hamleys speak out on Icelandic crisis
House of Fraser and Hamleys have distanced themselves from the fallout of the Icelandic economic meltdown and its impact on backer Baugur.
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News
Hamleys moves to distance itself from Icelandic woes
Baugur-backed toy retailer Hamleys has issued a statement distancing itself from the Icelandic investor and the Icelandic banking crisis.
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News
Majority of shoppers to spend less this Christmas
Two thirds of shoppers will spend less this Christmas compared with last year, according to a poll by Gfk Research Panels.
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Opinion
Comment: How retailers can lighten the mood
It’s quite a challenge to remain optimistic in the present climate, but at least one retailer is working on making shoppers feel better at a highly subconscious level.
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News
Clinton’s sales plummet
Sales have plunged at greetings card specialist Clinton Cards in recent weeks, reflecting the tough trading environment.
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News
Boden buoyed by US growth
Multichannel fashion retailer Boden increased pre-tax profits more than 20 per cent to 27.4 million in the year to December 31.
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News
Sir Philip Green in talks to buy £2bn Baugur debt
Baugur chairman J n sgeir J hannesson has admitted he could lose control of his UK retail business as Sir Philip Green considers buying about 2 billion worth of debt from failed Icelandic banks.
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News
Baugur rejects claim that retail businesses are for sale
Baugur has denied comments by Alchemy Partners chief Jon Moulton that he was offered a number of the Icelandic investor’s UK retail companies in the aftermath of the collapse of Iceland’s banking industry.
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News
Woolworths to sell nine store leases to Tesco
Variety store group Woolworths has struck an agreement to sell the leases on up to nine stores to Tesco for up to 9 million and will use the cash to reduce borrowings.
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Opinion
Sainsbury's covering all bases
Sainsbury’s delivered second-quarter results that were above expectations this week.
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News
Card group in administration
Celebrations Holdings Group, the gift card retailer with fascias including Card Warehouse and Cardfair, has gone into administration.
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News
Borders UK exposed to Landsbanki
Bookseller Borders UK has been dragged into Iceland’s financial difficulties as it has emerged that it received a loan from troubled bank Landsbanki earlier this year.
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News
John Lewis sales pick up
John Lewis reported a much-needed boost to the UK high street today with an improvement in its weekly sales.