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News
Phase Eight product overhaul pays off
Sales and profits at contemporary womenswear chain Phase Eight soared during the year to January 29 on the back of improved sourcing and reinvigorated product.
House of Fraser and Debenhams set to trigger flurry of early Sales
Department stores’ decision to move forward summer Sales could force other retailers to follow suit.
Austique targeting four more stores
Premium London womenswear indie Austique is to open four stores after securing new investment and has appointed industry veteran Maurice Bennett as chairman.
Bennett: UK skills are key to growth
Industry veterans Maurice Bennett and Simon Berwin have thrown their support behind Drapers’ SOS [Save Our Skills] campaign, claiming education in grassroots skills is essential if the UK fashion industry is to grow overseas.
TowerBrook targets overseas expansion for Phase Eight
Phase Eight is poised for rapid expansion in the UK and overseas following the sale of a majority stake to private equity firm TowerBrook Capital Partners for about £80m.
Phase Eight could be bought by private equity firm
Womenswear chain Phase Eight could be bought by private equity firm Towerbrook Capital for almost £80m, according to reports.
Phase Eight in management buy-out
Phase Eight, the womenswear retail chain, is set to be taken over by its management in a deal backed by Russian investors, ending its links with the private equity arm of Icelandic bank Kaupthing.
Suitors circle Phase Eight
Phase Eight, the womenswear retailer, has received expressions of interest from several private equity suitors, according to reports.
Browns of York kicks off expansion strategy
Yorkshire indie department store group Browns plans to expand after the successful opening of its third store, in Beverley, East Yorkshire.
Phase Eight receives bid approaches
Womenswear chain Phase Eight is understood to have received a number of bid approaches.
Phase Eight appoints Michael Rahamim as chairman
Phase Eight has appointed former Kookai UK boss Michael Rahamim as chairman, following the departure of previous chairman David Brock.
Phase Eight boss leaves
Simon Rider, the chief executive of womenswear retailer Phase Eight, has left the company.
Phase Eight on acquisition trail
Bridge-level womenswear ret-ailer Phase Eight is looking for suitable acquisitions to accelerate its expansion plans in the UK and globally.
Phase Eight launches transactional website
Womenswear retailer Phase Eight has launched a transactional website at www.phase-eight.co.uk.
