Anything that makes taking risks - arguably the only way to fight your way out - harder is a serious problem’Matalan
News
Matalan asks banks to loosen covenants
Matalan has asked its banks to loosen its covenants on debt incurred in 2010.
Matalan delivers positive sales growth despite tough climate
Matalan has warned trading will continue to be tough this year due to deflated consumer confidence, despite a like-for-like sales rise and its best week since 2005.
Drapers’ Daily Roundup: McQueen; Matalan; UK retail and a consumer pricing app
Stories from around the web and the nationals today:
Matalan's credit rating downgraded
Matalan’s credit rating was downgraded by Standard & Poor on Tuesday, with one debt facility cut to ‘junk’ status, it is understood.
Mobile sales jump as confidence in the channel grows
Mobile sales have jumped over the past year as retailers push the channel more aggressively in response to new consumer buying habits.
Matalan cautious after profits slump 63%
Matalan said it remained cautious about the outlook after the value fashion and homewares retailer reported a 63% fall in EBITDA for the second quarter due to the tough climate, promotional activity and higher input costs.
New Matalan team to revamp clothing
Buying and merchandising shake-up aims to rectify ‘confused’ strategy.
Matalan to launch in-house training
Value fashion retailer Matalan is launching a bespoke training scheme to ensure all its retail managers reach its standard.
Matalan to create 2,300 Christmas jobs
Value chain Matalan is to create 2,300 additional roles across its store network over this year’s Christmas period.
Shortlist unveiled for Drapers Fashion Awards 2011
The fashion sector’s top performers have been rewarded today with a place on the newly-released shortlist for the 2011 Drapers Fashion Awards.
Matalan sales flat while EBITDA falls
Value fashion and homewares retailer Matalan said that sales for the full-year to February 26 remained broadly flat while EBITDA fell 7.4% after bing impacted by the snowy weather at the end of the year.
Darren Blackhurst confirmed as new chief of Matalan
Darren Blackhurst has been confirmed as chief executive of Matalan, according to headhunters Flint Hyde.
Matalan to close London buying office
Matalan, the value chain, is to close its London buying office and move its buying operations back to its Lancashire headquarters.
New Look courts Alistair McGeorge for chairman role
New Look is understood to be in talks with former Matalan chief executive Alistair McGeorge about taking on the role of executive chairman at the beleaguered business.
Matalan to appoint former Asda director Blackhurst as chief executive
Matalan, the value chain, is to appoint former Asda executive Darren Blackhurst as chief executive.
Jack Wills banned from re-printing 'provocative' catalogue
Young fashion chain Jack Wills has been banned from re-printing its latest catalogue after complaints the images it featured were inappropriate for young teenagers.
Leading retailers axe denim sandblasting
Diesel, Primark, Next and George at Asda are among the companies phasing out sandblasted denim products after concerns mounted over the damage the process does to the health of those carrying it out. New Look, H&M, Levi’s and Marks & Spencer have already banned the process.
Matalan planning to grow online business
Value fashion and homewares group Matalan is to ramp up its ecommerce operations and plans to hire a top-level online retail specialist to drive growth.
Matalan launches review after kids padded bra expose
Value chain Matalan has launched a review after it was found to be selling padded bras for children as young as eight.
Matalan festive like-for-likes slump 4.5%
Matalan, the value chain, said like-for-like sales slumped over the Christmas trading period after its stores were cut off by the snow in December.
-
Situation ‘critical’ as snow freezes sales
-
Sainsbury's directors in shock exit to rival value chains
-
Matalan unveils department store-style shopfit
-
Matalan launches first TV ad campaign in four years
-
Forever 21 primed for 100-store UK blitz
-
Matalan reports "satisfactory" first half
-
Peacocks calls off sale
-
Alistair McGeorge to step down from Matalan
-
Matalan chief executive Alistair McGeorge to stand down
-
Matalan posts 3% rise in like-for-like sales
-
Thriving Matalan plots expansion
-
Matalan sales and profits climb
-
Retailers to battle for premium market share
-
Sainsbury’s aims to overtake rivals
-
The weekend newspaper round up: April 10 to 11 2010
-
20% of top rent paying retailers in financial trouble
-
Retailers back Tory plans to halt NI rise
-
The weekend newspaper round up: March 20 to 21 2010
-
Matalan founder to pay himself £250m dividend
-
Matalan considers refinancing
-
Supergroup set for float
-
Matalan sale process axed
-
Matalan deal could fall through as deadline approaches
-
The weekend newspaper round up January 16 to 17, 2010
-
Matalan records bumper Christmas sales
-
Suitors put off by Matalan price tag
-
The weekend newspaper round up: November 28-29, 2009
-
Matalan bids gather pace
-
Christmas spending expected to fall
-
Advent circles Matalan
-
Kidswear most resilient sector in recession
-
Matalan mulls £1.5bn sale
-
Primark improves commitment to living wage for overseas workers
-
Matalan set for £1.5bn sale
-
Be Beau bolsters Matalan’s like-for-like sales
-
Matalan outperforms market
-
What the weekend newspapers said... (March 21-22)
-
Be Beau flies off Matalan’s shelves
-
Matalan plans to expand
-
Matalan boosted by bargain hunters
-
Shops to cut VAT at till
-
High street leaders plan VAT cuts at till points
-
Matalan will trial web sales
-
Matalan to trial web sales
-
Matalan squeezes suppliers
-
Matalan profits soar
-
Matalan to update early on trading
-
£20m refit at Matalan fends off value woe
-
£20m refit at Matalan fends off value woe
-
Matalan ups sports offer
-
Matalan profits rise
-
Julien Macdonald gets boost from Matalan family
-
Matalan founder quits
-
Matalan unveils shop-in-shops
-
Matalan tackles its debt payment
-
Three new labels in store at Matalan
-
Matalan's senior team set for rejig
