News
Business
... names such as Debenhams and House of Fraser in decline, can this... Centre on High Street, would offer an enhanced shopping experience . be four times the size of its...
Business
... Debenhams board for control of the business and has accused its executives of a sustained programme of falsehoods and denials . Debenhams... Ashley who owns nearly 30 of the...
Business
... Debenhams, has accused its executives of a sustained programme of falsehoods and denials . He... be suspended. Mr Ashley has offered to inject £150m into... for a response to his...
Business
... stores and 33 concessions in House of Fraser will close, putting 97... week. Challenging retail conditions and House of Fraser s fall into administration... owed more than £500, 000 when...
Business
... is seeking a cash injection of up to £200m from.. as it tries to fend off Sports Direct s Mike... turn down Mr Ashley s offer of a £150m...
Business
... voluntary arrangement CVA , a form of insolvency that would enable... efficient manner, Arcadia said. None of the options being explored involve a significant number of redundancies or store closures......
Business
... when workers got no bonus. Profits at the partnership sank... IT costs and the cost of opening two new stores... discounting from rivals had hit profits, particularly in its...
Business
... January, when it said full year profits were set to hit analysts expectations of about £8.2m, was no... The retailer, which issued three profit warnings last year, said... Sergio...
Business
Profits at Mike Ashley s... the fall in the value of the pound and Newcastle... year to end April 2017, show profits fell to £102.5m from... owned since 2007. The...
Business
... have secured a cash injection of around £40m to buy... chain which issued three profit warnings last year ... to bring forward the closure of around 20 department...
Business
Sports Direct offered £15m, but was told.. KPMG it would need to offer up to £2m more... 121 open in the hope of selling them. Mr Ashley... to reports,...
Business
... lost in the initial wave of closures after KPMG was... linked as a potential buyer of any that get into financial trouble. He bought House of Fraser last year,...
Business
... said the announcement ended months of uncertainty for staff, who... The firm also closed another warehouse in Milton Keynes in November with the loss of more than 300 jobs, ......
Business
... be fined £1, 500 by Companies House. His spokespeople declined to... financial year to the end of April 2017 and pre date Sport Direct s takeover of House of Fraser in...
Business
... are poised to cut thousands of jobs as online shopping accelerates the erosion of sales from traditional bricks and mortar... citing unidentified industry sources. Galeria Kaufhof, which has department stores... They...
Business
. Ashley owns more than 60 of Sports Direct, and through.. has bought retailers including the House of Fraser department store chain and... brand Lonsdale. After many years of growth...
Business
... change. Bolton Council is one of them. It spent more.. this year to gain control of Crompton Place, a 1960s style... Councillor Ebrahim Adia, Deputy Leader of Bolton Borough Council....
Business
. hoping for a last minute rush of Christmas shoppers on Super... in footfall at this time of the year, as shoppers... Bush. Myf Ryan, chief marketing officer for Europe and...
Business
... This comes on the back of gloomy news from retailers like Bonmarché, Superdry and Carphone Warehouse, who say that Black... on Christmas this year because of several factors, including...
Business
... MPs. Melanie Leech, chief executive of the British Property Federation, ... urgent support in the form of fundamental business rates reform ... rents set before the rise of online shopping, Mr...