All House of Fraser articles – Page 43
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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
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 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.
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News
Westfield retailers unite in outrage at service charges
The dispute over service charges at Westfield London has escalated as more retailers join the fight against the landlords’ demands.
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OpinionMarks & Spencer: margins & errors
Marks & Spencer boss Sir Stuart Rose appeared irked yesterday by journalists’ questions about the retailer’s lacklustre Christmas trading figures. Why, he complained, hadn’t the results from Debenhams and Next come under such scrutiny?
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News
House of Fraser reports resilient Christmas
House of Fraser has reported that like-for-like sales fell 1.5 per cent over the Christmas period and has reassured on its financial position after paying back its bank loans ahead of schedule.
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News
Retail rents fall for first time in 15 years
Retail rents fell for the first time in 15 years in 2008 and are not expected to return to growth until 2013.
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News
Don McCarthy steps down from Moss Bros
Baugur shareholder Don McCarthy has stepped down from his role as non-executive director of Moss Bros.
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Opinion
Is House of Fraser's rent coup really such a triumph?
As usual, the issue of monthly rents has its way of making it into the Sunday papers. The latest “bombshell” to land over the weekend was that House of Fraser had triumphed over the landlords and achieved that most elusive of prizes – the monthly rent deal.
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News
Kingfisher demands monthly rents for all retailers
Kingfisher, owner of the B&Q DIY chain, will this week ask landlords to offer monthly rental deals to all retailers - not just those in trouble.
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Opinion
House of Fraser: to Sale or not to Sale?
When is a Sale not a Sale? When it is a pre-Christmas Sale, according to House of Fraser. Confused? You are not alone.
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News
House of Fraser launches pre-Christmas Sale
House of Fraser has launched a pre-Christmas Sale with up to 50 per cent off throughout its stores and online.
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News
John Lewis slashes prices to match House of Fraser Sale
John Lewis has become the latest retailer to slash its prices, offering 25 per cent off branded goods to match prices at House of Fraser’s two-day Sale which began on Thursday.
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Opinion
Sir Philip Green should suit Moss Bros
Sir Philip Green burst back in to the limelight yesterday, snapping up Baugur’s 28.5 per cent stake in battle-weary Moss Bros. The swoop has left the retail sector wondering whether this rare dabble on the stock market for Green will presage an offer for the entire menswear business.
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News
Baugur boss becomes Iceland chairman
Baugur chairman Jon Asgeir Johannesson has joined the board of frozen food specialist Iceland as chairman.
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News
Baugur says assets sale 'impossible' before Christmas
Baugur has warned against a quick fire sale of its assets controlled by the Icelandic government, saying it would be “impossible” to achieve this close to Christmas.
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Opinion
Hats off to Baugur's retail leaders
The tangled web that surrounds Baugur’s future is unravelling by the minute.
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News
Baugur-backed retailers plan buy-outs
The management of a number of Baugur-backed retailers are putting plans in place to buy back equity and debt now controlled by the Icelandic government.
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News
Baugur: end of an era
The end of an era loomed this week with the likely break-up of Icelandic investor Baugur’s portfolio and the end of its influence on the UK high street.