All Baugur articles – Page 3
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News
Baugur files for bankruptcy
Baugur has filed for bankruptcy after an Icelandic court refused to grant its application to extend its protection from creditors.
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News
Iceland signs £11.5m IT outsourcing deal
Iceland has signed a seven-year IT services deal with Getronics costing more than 11.5m.
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NewsNetto and Iceland join forces to develop stores
Value supermarket retailer Netto has teamed up with Iceland to develop a series of schemes on which both companies will trade from adjacent stores.
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News
Aurora seeks rent relief from landlords
Aurora, the new fashion group that owns Karen Millen, Coast, Oasis and Warehouse, is asking landlords of up to 90 of its stores to reduce their terms to prevent the closure of stores.
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News
Kevin Stanford in battle with Kaupthing
All Saints owner Kevin Stanford is understood to owe more than £250m to nationalised Icelandic bank Kaupthing and has been blocked from issuing new shares in the fashion brand.
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Gallery
Store of the week: Hamleys, Dubai
How portable is a retail brand and when is it so linked to a particular location that it’s hard to see it working anywhere else?
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News
House of Fraser consults on jobs
Department store group House of Fraser has begun consultation with some staff as part of an efficiency drive.
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News
Mosaic has three months to refinance
Fashion group Mosaic has just three months left to refinance.
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News
Kaupthing requests nine-month extension to protection period
Nationalised Icelandic bank Kaupthing has requested a nine-month extension to the period in which it is protected from its creditors.
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News
Debenhams and Arcadia race to buy Principles
Debenhams and Top Shop-owner Arcadia are battling it out to take control of Principles, the Icelandic-backed fashion chain.
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News
Landsbanki keeps retailers at bay over Baugur pickings
Department store groups eager to cash in on the demise of Baugur may have a long wait, after Landsbanki reiterated its intention to retain the shares it now controls in Baugur-backed brands.
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News
Baugur's retail stakes stir interest
Retail investors including Sir Philip Green and Dragon’s Den star Theo Paphitis have been named as likely interested parties for Baugur assets, after its UK subsidiary was placed into administration at the close of last week.
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News
Baugur in administration
Updated: Baugur’s stakes in retailers House of Fraser, Hamleys, Aurum and Iceland have been placed in to administration.
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News
Glitnir makes demands on Baugur; buyers circle Hamley's
Nationalised Icelandic bank Glitnir has demanded repayments from beleaguered Icelandic investor Baugur, as tensions between it and its lenders intensify.
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News
Baugur stakes in retailers seized
Baugur stakes in retailers including House of Fraser, Hamleys, and Iceland have been placed under the control of nominated receivers to prevent any asset sale.
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Opinion
Iceland should cut the Baugur cord
The meltdown of Icelandic investor Baugur has implications for frozen food chain Iceland, and the management need to take charge.
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Opinion
Baugur's loss is retailers' gain
The final death throes of Baugur’s retail empire are being very publicly played out, but the brands in which it has stakes should breathe a quick sigh of relief and move on with the business of retailing.
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News
Baugur-backed Aurum confirms business review
Aurum Holdings, the jewellery group backed by beleaguered Icelandic investor Baugur, has confirmed that it has appointed Ernst & Young to review the business and has distanced itself from the investor, which is on the brink of administration.
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News
Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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News
Baugur files for bankruptcy protection
Baugur has confirmed that it has filed for protection from its creditors in the Icelandic equivalent of Chapter 11 bankruptcy protection as exclusively revealed by Retail Week this morning.