Anything that makes taking risks - arguably the only way to fight your way out - harder is a serious problem’Richard Kirk
Drapers Top 100 2009
News
Deadline for Peacocks bids looms as other retailers target the stores
Private equity firms including Permira and Cinven have ruled out buying Peacocks, while other investment firms and retailers eye its stores.
Leighton to drive Peacocks’ international ambitions
Allan Leighton, the former Asda chief executive who was confirmed as chairman of Peacocks this week, will focus on overseas expansion and consolidation in the UK at the value chain.
Leighton in frame for top job at Peacocks
Former Asda chief executive Allan Leighton is the front-runner to become chairman of value chain Peacocks.
Peacocks considers sale of Bonmarché
The Peacock Group is reported to be exploring options for Bonmarché, which could lead to a sale of the mainsteam womenswear chain.
Strike action threat to Christmas Sales
Mixed fortunes for retailers as tube strikes cast shadow over festive trading, royal wedding promises spending bonanza and Irish retailers fear for future.
Peacocks rejigs its management team
Value chain Peacocks has shaken up its management team just days after the group received approaches from private equity bidders.
Public sector spending cuts threaten sales in the regions
The North-South divide in UK fashion retail is set to accelerate as public sector cuts hit consumer income and confidence - but there will be “pain” across the country.
Peacocks receives bid approaches
The owners of Peacocks have received an approach for the business two weeks after the value chain’s management pulled a sale process.
Peacocks calls off sale
Value chain Peacocks will not be sold after all because there was insufficient interest from potential buyers.
Further retailers caught selling ‘sexy’ kidswear
Further high street stores have been caught selling sexy kidswear, according to an investigation by The Sun.
Bonmarché launches transactional website
Bonmarché, the mature womenswear retailer, will launch a transactional website on April 6.
Peacocks delivers strong fourth quarter
Peacocks saw like-for-like sales climb 8.3% for the 14 weeks ended March 28, as the value fashion market continues to buck the consumer downturn.
Richard Kirk on Peacocks' strong Xmas performance
Peacocks chief executive Richard Kirk talks to Drapers about how Peacocks has outperformed the market this Christmas.
Peacocks benefits from flight to value
Peacocks saw like-for-like sales rise 1% for the 14 weeks ended January 3.
Peacocks suppliers hit by cut in credit insurance
Peacocks suppliers have had their credit insurance cover slashed according to The Independent newspaper.
Shops to cut VAT at till
Retailers including Next, New Look, Peacocks and Matalan were among those planning to deduct the 2.5% VAT reduction at the till to overcome the “logistical nightmare” associated with Chancellor Alistair Darling’s tax cut as Drapers went to press.
Peacocks denies refinancing deal
Peacocks chief executive Richard Kirk has denied reports that the value chain is in talks with banks over refinancing its debt.
Bonmarché loses brand boss
Bonmarché brand director Mark Tesseyman has left the business.
Alexon recruits McNally to overhaul its brands
Jane McNally will embark on a product review of Alexon Group’s brand portfolio after her appointment as chief executive of the womenswear business this week.
Peacock Group to spread its wings
The Peacock Group will open 65 stores next year, after scoring strong sales at its new fashion-led shops.
