Tag : retail
Mothercare has said it is in talks with its financing partners, since it predicts it will need “waivers of certain financial covenants” to support its ongoing turnaround plan.
Sports Direct raises Debenhams stakeSubscription
Sports Direct has upped its stake in struggling department store chain Debenhams from 23% to 29.7%.
New Look targets 60% store rent cutsSubscription
New Look reportedly wants its landlords to slash store rents by up to 60% as part of its rescue plan.
The founder of Doncaster fashion independent Robinsons of Bawtry, Tony Robinson, has died at the age of 66.
G-Star takes over Swedish franchiseSubscription
G-Star is taking over its Swedish franchise partner Global Retail Sweden, comprising 17 stores in the country.
Primark owner names new chairmanSubscription
Primark parent Associated British Foods (ABF) has appointed non-executive director Michael McLintock as its new chairman, as Charles Sinclair steps down from the role.
UK clothing sales for the week to 18 February fell 6.2% year on year despite a Valentine’s Day boost to lingerie sales.
Yours Clothing to launch German storesSubscription
Plus-size womenswear retailer Yours Clothing is set to roll out stores in Germany this year, marking its first foray into mainland Europe.
Debenhams has introduced Central Saint Martin’s graduate Richard Quinn to its Designers at Debenhams stable.
Sir Philip Green 'mulls Arcadia sale'Subscription
Topshop boss Sir Philip Green is reportedly planning to sell all or part of his Arcadia Group empire.