All Land of Leather articles – Page 2
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News
Land of Leather plans rescue deal as sales collapse
Land of Leather has announced plans to secure a rescue financing deal of 14.8 million, gross of expenses, by way of placing almost 30 million shares, underwritten by its brokers.
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Opinion
The Retail Week – June 13, 2008
If this week’s stream of negative news from retailers proved one thing, it’s that the ties that bind the retail sector and the housing market run deep.
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News
Credit insurer warns of more retail administrations
Credit insurer Euler Hermes has signalled more retail administrations on the horizon as trading conditions continue to worsen on the high street.
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Opinion
Will £1bn profit bring M&S joy?
The old retail adage that you’re only as good as last week’s sales isn’t quite right. Any quoted retailer is only as good as next year’s forecasts.
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News
Land of Leather and chief exec Briant fined by FSA
Struggling furniture retailer Land of Leather has been fined 210,000 by the Financial Services Authority (FSA) for allowing its sales force to sell Payment Protection Insurance (PPI) on loans without monitoring or training to ensure insurance was sold fairly.
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News
Land of Leather sales slump set to continue
Land of Leather’s negative like-for-like sales are expected to continue for the rest of the year, as the City forecasts that there will be no upturn for the troubled furniture sector.
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News
Land of Leather sales plunge again
Sofa specialist Land of Leather has revealed another plunge in sales and warned that trading conditions will remain tough for the rest of the year.
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News
Land of Leather downplays talk of financial crisis
Struggling furniture retailer Land of Leather has denied that it is facing a financial crunch as speculation mounted about its future.
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News
Land of Leather seeks new bed link-up
Land of Leather is in talks with another furniture retailer about 25 bed concessions in its stores, following Sleep Depot’s collapse this week.
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News
Sleep Depot falls into administration
Bed specialist Sleep Depot, which operates through more than 100 stores and concessions nationwide, has gone into administration.
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News
Land of Leather like-for-likes tumble
Land of Leather has announced a slump in like-for-like sales and the retirement of chief executive Paul Briant.
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News
Land of Leather halves openings as sales flounder
Land of Leather is to halve its expansion plans for its next financial year following a continued slump in sales.
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News
No respite for Land of Leather
Land of Leather has reported a further slump in sales over the critical January period.
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News
Shares take beating as festive casualties arise
Quoted retailers suffered an unhappy new year as shocking profit warnings and panic about prospects destroyed value.
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News
Land of Leather profit fall stifles growth plan
Furniture retailer Land of Leather is to scale back expansion plans after dismal trading over the January Sale period forced it to issue a profit warning last week.
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Opinion
Tenants will call the shots in 2008
This morning, homewares retailer Dunelm reported a strong performance in its trading update in a market that has shown little or no growth over the past year.
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News
Land of Leather warns on profits
Furniture retailer Land of Leather has issued a profit warning, after a weak start to post-Christmas Sales and appalling like-for-likes for the period between October 29 and January 3.
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