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News
Administrators request money from Life & Style directors
The joint administrators of defunct fashion and homewares chain Life & Style have requested that the retailer’s previous directors return money they “incorrectly used” or face the threat of court action.
Life & Style born again as Ethel Austin
The new owner of fashion and homewares chain Life & Style is scrapping the name in favour of a return to the Ethel Austin fascia, as part of an overhaul of the business.
Life & Style bought out of administration
Fashion and homewares chain Life & Style has been bought out of administration by Sue Townsend, former director of academic bookseller Blackwell.
Usdaw to raise concerns about Life & Style with Government
Shopworkers union Usdaw is writing to the Department of Business, Innovation and Skills to detail concerns over the running of fashion and homewares chain Life & Style and its predecessor company Ethel Austin.
Life & Style forced to close stores and cut staff as talks continue
Beleaguered homeware and fashion retailer Life & Style, which was born out of the ashes of Ethel Austin, is closing 22 of it 150 stores and making 274 people redundant as administrators RSM Tenon continue talks with potential buyers.
Buyers circle Life & Style
SKG Capital, the private equity business, is thought to be the frontrunner to acquire Life & Style which has gone in to administration.
Life & Style on brink of administration
Life & Style, the fashion and homewares business born out of the administration of womenswear chain Ethel Austin, is on the brink of collapse after just over a year in existence.
TJ Hughes new boss announced as Tennant steps down
TJ Hughes chief executive Sue Tennant will leave the discount department store at the end of the year, five months after private equity backers Silverfleet pulled a sale of the business.
Life & Style born out of Ethel Austin
Elaine McPherson has secured an injection of funds to launch fashion and homewares chain Life & Style, born from the ashes of value chain Ethel Austin, which she rescued from administration for a second time in March.
Ethel Austin reborn as Life & Style
Elaine McPherson, the former owner of Ethel Austin, has secured an injection of funds to launch fashion and homewares chain Life & Style, born from the ashes of the value chain which she rescued from administration for a second time in March.
Mothercare eyes Blooming Marvellous
Mothercare, the maternity specialist retail chain, is understood to be considering buying baby and maternity retailer Blooming Marvellous to boost its clothing offer.
The Original Factory Shop full-year sales soar 35%
The Original Factory Shop, the value department store chain, is to step up expansion after recording a 35% increase in sales to £132m for the year to March 28.
Elaine McPherson buys Ethel Austin for second time
Ethel Austin, the value chain, has been sold back to Elaine McPherson for a second time for an undisclosed amount.
Ethel Austin closes a further 81 stores after failing to secure buyer
MCR, the administrators of Ethel Austin, will close a further 81 stores after failing to secure a buyer for the value chain.
Shop vacancies on the rise
Shop vacancies rose in the three months to January 31, with more than one in ten shops on the high street lying empty.
Ethel Austin to close 89 stores
The administrators of value retailer Ethel Austin are to shutter 89 stores, leading to 1,048 redundancies.
Endless considers bid for Ethel Austin
Turnaround specialist Endless is reported to considering a bid for collapsed value retail chain Ethel Austin.
Up to 129 Ethel Austin stores set to close
The administrators to Ethel Austin have earmarked half of the value retailer’s 270-store portfolio for closure.
Ethel Austin hits the buffers
Value retailer Ethel Austin has fallen in to administration, in a move predicted by Drapersonline.com on Friday.
Ethel Austin files intention to appoint administrators
Value retailer Ethel Austin has filed an intention to appoint administrators.
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Internaçionale cuts buying team
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Ethel Austin secures funding
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Primark improves commitment to living wage for overseas workers
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Blooming Marvellous rescued from administration
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What the weekend newspapers said (November 15-16)
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Retailers split on overseas worker pay
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Rise to sell its ranges online
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McPherson plots value empire
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Former MK One boss buys Ethel Austin
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Fashion insolvencies are at five-year high
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Fashion's richest fall down rankings in Sunday Times Rich List
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£500m up for grabs in value sector
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£20m refit at Matalan fends off value woe
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£20m refit at Matalan fends off value woe
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Value sector is hit by casualties
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Usdaw in talks with Ethel Austin administrators
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Ethel Austin to close stores and slash jobs
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Ethel Austin goes into administration
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Ethel Austin in administration
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Former MK One director linked to Ethel Austin rescue
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Darrell Webster Iain McAllister
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Xmas Sale watch: Number of Sales doubles says Patonz
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Credit Suisse helps Ethel Austin to slash debt
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New TJ Hughes boss aims to boost sales with expanded buying team
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Ethel Austin ups its fashion appeal with new sub-label
