Tag : Shop Direct
Shop Direct on verge of £150m refinancingSubscription
The Barclay brothers, owners of Shop Direct, are said to be on the verge of securing £150m of financing to alleviate the etail group’s troubles.
Shop Direct's credit rating under review by Moody's Subscription
Credit ratings agency Moody’s has placed Shop Direct’s credit rating under review after its losses grew by 645% in the 52 weeks to 30 June as a result of a £241m provision for customer redress payments for historical shopping insurance sales.
Losses grow at Shop Direct Subscription
Shop Direct has reported a loss before tax of £185.5m for the 52 weeks to 30 June, compared with a £24.9m loss in 2017/18, after it made a £241m provision for “customer redress payments for historical shopping insurance sales”.
Next and Shop Direct support Indian mill workersSubscription
Fashion retailers Next and Shop Direct are continuing to support female fabric mill workers in southern India, as part of a non-governmental organisation-led (NGO) project.
Topshop and Topman join Shop DirectSubscription
UK etail group Shop Direct has added Topshop and Topman to its 500-strong portfolio of fashion brands.
Shop Direct offers £600,000 for charity projectSubscription
Shop Direct has launched a campaign to find a new charity partner.
Shop Direct has appointed a specialist team dedicated to customer service innovation.
Shop Direct Raven Mill deal to safeguard 200 jobs Subscription
Shop Direct has announced a deal to transfer the Raven Mill returns centre in Oldham, Greater Manchester and its returns activity managed from the site to logistics company Clipper Logistics, in a decision that could safeguard up to 200 jobs.
BRC launches new careers initiativeSubscription
The British Retail Consortium (BRC) has launched a new initiative called Rethink Retail, which seeks to educate people about the evolving opportunities to carve out a career in the sector.
Shop Direct appoints new tech chiefSubscription
Shop Direct has appointed former Sky Betting and Gaming chief technology officer Andy Burton to its executive board in the role of group CTO.