Credit insurance company Coface has withdrawn cover for suppliers to several Baugur-owned companies following the banking crisis in Iceland. http://www.drapersonline.com:80/news/2008/10/coface_pulls_insurance_for_baugur_suppliers.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/coface_pulls_insurance_for_baugur_suppliers.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 10 October 2008 09:38 http://www.drapersonline.com:80/images/Linea%20Shopfit2_resized_70_tcm12-437512.jpg Woolworths has announced it is selling up to nine of its stores to Tesco. Sir Alan Sugar is also understood to have acquired a near 4% stake in the business. http://www.drapersonline.com:80/news/2008/10/woolworths_disposes_of_stores_to_tesco.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/woolworths_disposes_of_stores_to_tesco.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Emily Seares 10 October 2008 10:30 http://www.drapersonline.com:80/images/woolworths_320w_resized_70_tcm12-486058.jpg Department stores House of Fraser and Debenhams have written to suppliers asking them to help pay their soaring utility costs. http://www.drapersonline.com:80/news/2008/10/concessions_hit_by_energy_bill_demands.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/concessions_hit_by_energy_bill_demands.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 10 October 2008 09:28 http://www.drapersonline.com:80/images/debenhams-outside_resized_70_tcm12-1893256.jpg Bailiffs have visited some 12 JJB stores after landlords failed to pay rents at the sportswear retailer. http://www.drapersonline.com:80/news/2008/10/bailiffs_called_to_jjb_stores_over_unpaid_rent.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/bailiffs_called_to_jjb_stores_over_unpaid_rent.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Ana Santi 10 October 2008 10:36 http://www.drapersonline.com:80/images/JJBFascia_resized_150_tcm14-85157_resized_70_tcm12-1874442.jpg Baugur, which has interests in major high street retailers including House of Fraser and Mosaic, has said that its UK portfolio will not be affected by the Icelandic banking crisis. http://www.drapersonline.com:80/news/2008/10/baugur_insists_uk_interests_will_are_safe.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/baugur_insists_uk_interests_will_are_safe.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 10 October 2008 08:55 http://www.drapersonline.com:80/images/gunnar_resized_70_tcm12-1084502.jpg George at Asda has bolstered its senior management team and taken the Asda Living concept under its wing, after launching the supermarket clothing brand online this week. http://www.drapersonline.com:80/news/2008/10/george_recruits_pair_of_directors.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/george_recruits_pair_of_directors.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Ana Santi 10 October 2008 09:37 http://www.drapersonline.com:80/images/HF_Asda_-black-coat-s01_040_resized_70_tcm12-1888133.jpg Like-for-like sales at Gap dropped 11% for the five weeks to Octobe 4, but international like-for-like sales rose 3%. http://www.drapersonline.com:80/news/2008/10/international_sales_rise_at_gap_in_september.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/international_sales_rise_at_gap_in_september.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 10 October 2008 08:41 http://www.drapersonline.com:80/images/gap%20liv%20tyler%20autumn%2008%20campaign_resized_70_tcm12-1797664.jpg As all organisations' look to save costs don't miss the chance to save up to £75! Make sure you book before October 17 to secure your discount. http://www.drapersonline.com:80/news/2008/10/last_chance_to_take_advantage_of_drapers_fashion_summit_early_booking_discount.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/last_chance_to_take_advantage_of_drapers_fashion_summit_early_booking_discount.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC 10 October 2008 10:16 http://www.drapersonline.com:80/images/rose1_resized_70_tcm12-294425.jpg French Connection has appointed Claire Kent, a former managing director with financial services firm Morgan Stanley, as a non-executive director. http://www.drapersonline.com:80/news/2008/10/french_connection_bolsters_board.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/french_connection_bolsters_board.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Laura Weir 09 October 2008 10:03 http://www.drapersonline.com:80/images/fcuk_resized_70_tcm12-1892169.jpg Crew Clothing has opened its first womenswear concessions in House of Fraser. http://www.drapersonline.com:80/news/2008/10/crew_clothing_opens_first_hof_concessions.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/crew_clothing_opens_first_hof_concessions.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Ana Santi 09 October 2008 09:42 http://www.drapersonline.com:80/images/Crew%20Clothing%20A08_resized_70_tcm12-1892143.jpg Property tycoon Robert Tchenguiz is understood to have put his 10% stake in Sainbury's up for sale, following the Icelandic banking crisis, according to reports. http://www.drapersonline.com:80/news/2008/10/sainsburys_stakeholder_to_sell_holding.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/sainsburys_stakeholder_to_sell_holding.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 09 October 2008 10:15 http://www.drapersonline.com:80/images/sainsburys_resized_70_tcm12-841397.jpg The Bank of England has cut interest rates by 0.5 percentage points to 4.5 per cent. http://www.drapersonline.com:80/news/2008/10/bank_of_england_cuts_interest_rate_to_45_percent.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/bank_of_england_cuts_interest_rate_to_45_percent.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 08 October 2008 12:41 http://www.drapersonline.com:80/images/bankb_resized_70_tcm12-320296.jpg Sales at Sainsbury's grew by 5.3% excluding fuel for the 16 weeks to October 4, while like-for-likes rose 4.3% during the quarter. http://www.drapersonline.com:80/news/2008/10/sainsburys_defies_economic_gloom.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/sainsburys_defies_economic_gloom.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Ana Santi 08 October 2008 09:17 http://www.drapersonline.com:80/images/sainsburys_resized_70_tcm12-841397.jpg Credit insurer Coface has withdrawn credit insurance cover for the high street chain Woolworths' suppliers. http://www.drapersonline.com:80/news/2008/10/woolworths_credit_insurer_withdraws_cover.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/woolworths_credit_insurer_withdraws_cover.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Ana Santi 08 October 2008 10:22 http://www.drapersonline.com:80/images/woolworths_320w_resized_70_tcm12-486058.jpg Boardsports business Animal has appointed Kevin Keaney as chief executive. http://www.drapersonline.com:80/news/2008/10/animal_appoints_new_chief_executive.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/animal_appoints_new_chief_executive.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Marino Donati 07 October 2008 19:54 http://www.drapersonline.com:80/images/Kevin%20Keaney_resized_70_tcm12-1890239.JPG Asda has launched its clothing brand George online as part of its non-food website Asda Direct. http://www.drapersonline.com:80/news/2008/10/asda_launches_clothing_online.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/asda_launches_clothing_online.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Ana Santi 07 October 2008 17:35 http://www.drapersonline.com:80/images/asda%20product_resized_70_tcm12-297608.jpg Fashion giants Mosaic and Arcadia are gearing up to open stores in Aberdeen's largest shopping scheme Bon Accord & St Nicholas. http://www.drapersonline.com:80/news/2008/10/arcadia_and_mosaic_to_open_at_bon_accord__st_nicholas.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/arcadia_and_mosaic_to_open_at_bon_accord__st_nicholas.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Laura Weir 08 October 2008 09:40 http://www.drapersonline.com:80/images/Bon%20Accord_resized_70%2EMosaicStoresCGI_tcm12-1890344.jpg Fashion and homewares retailer Cath Kidston is set to open its first flagship store in the Republic of Ireland in Dundrum Town Centre next month. http://www.drapersonline.com:80/news/2008/10/cath_kidston_to_open_first_store_in_ireland.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/cath_kidston_to_open_first_store_in_ireland.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Emily Seares 08 October 2008 09:52 http://www.drapersonline.com:80/images/Cath%20Kidston_resized_70_tcm12-1890332.jpg Icelandic banks have been ordered to start selling foreign-owned assets to help the country avoid bankruptcy. http://www.drapersonline.com:80/news/2008/10/iceland_banks.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/iceland_banks.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Emily Seares 07 October 2008 10:27 http://www.drapersonline.com:80/images/gunnar_resized_70_tcm12-1084502.jpg The future of womenswear business Ghost is uncertain after a major investor has pulled the plug on funding for the business. http://www.drapersonline.com:80/news/2008/10/ghosts_future_uncertain_as_investor_pulls_funding.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC http://www.drapersonline.com:80/news/2008/10/ghosts_future_uncertain_as_investor_pulls_funding.html;jsessionid=EA942D93F9F61AF70337E727A88D36CC Emily Seares 06 October 2008 15:46 http://www.drapersonline.com:80/images/ghost_window_805_resized_70_tcm12-1888485.jpg