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Ailing department store chain Fenwick handed out dividends of £4.9m to its family owners last year, despite axing hundreds of roles.
Family owned-department store chain Fenwick has swung to a loss in the 52 weeks to 25 January amid a “tough retail trading environment”.
Fenwick has appointed Sue Shields to the newly-created role of buying manager of handbags and small leather goods.
The UK department store sector remained in turmoil this week, as question marks hung over the future of anchor stores in many shopping centres and high streets.
Which new store openings have wowed with their originality, design and concept this year?