Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

The Weekend Newspaper Round-Up

The best of the business headlines from the weekend newspapers.

Frustration is growing amongst Moss Bros shareholders over the failure of Baugur to launch a bid for the business, despite declaring its interest almost two months ago. According to The Financial Mail on Sunday, the recent credit crunch that has gripped Iceland's debt market has left firms such as Baugur, which borrow heavily to fund deals, facing mounting interest charges putting paid to an imminent bid for the menswear retailer.

Linda Bennett is a step closer to banking tens of millions of pounds after first-round bids were lodged for the LK Bennett chain she founded according to The Observer. The newspaper claims that serious bidders for the chain include private equity firm 3i which owns Hobbs.

The owners of White Stuff the fashion brand and retailer are cashing in on their stakes in the company they founded as ski bum students. KPMG has been hired to do a strategic review of the business, which is now worth £80 million, and George Treves and Sean Thomas who started the company stand to reap millions of pounds each by selling some of their 80% combined stake, writes The Sunday Times.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.