All Principles articles
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Analysis
Consumer insight: Gap in the over 60s retail market
The UK’s population is ageing, making the over-60s an increasingly important consumer market. Rebecca Thomson meets consumers from that generation to find out how they shop, what the industry needs to improve and which retailers are winning their custom.
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News
Own brands boost Debenhams profits
Debenhams grew operating profit 7.1% to £196.1m during the year to August 28, helped by a strong performance from its own brand Designers at Debenhams range - and has announced four new designer collaborations.
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News
Peter Davies plots ‘son of Principles’
Clarks chairman and former Principles owner Peter Davies plans to bring a new retailer to the high street to fill the gap left by fashion chain Principles’ collapse in March.
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News
Hobbs appoints Alana Mazza as retail director
Hobbs has appointed former Principles retail trading director Alana Mazza as retail director of the upmarket fashion brand.
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News
New website to sell off Principles stock
Suppliers to the now defunct Principles fashion chain have joined forces to launch a website selling unsold stock following Principles’ administration.
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Opinion
Retailers must not break the supplier chain
Retailers need to ensure that they don’t squeeze suppliers until they squeak after a stream of bad press this week.
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News
Principles administration leads to email deluge
More than 5,000 customers and suppliers of defunct fashion retailer Principles have emailed the retailer’s administrator asking to recoup money or redeem vouchers.
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News
Suppliers chase deals for unsold Principles product
A battle is being waged between suppliers and retailers over the future of £5m of Principles stock left unsold following the administration of former parent company Mosaic.Ex-Principles directors have set up The Principles Trading Company to pay forward freighters and suppliers with stock on the water.However, Debenhams, which acquired the ...
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Opinion
Banks start living in the real world
The attitude of those in whose hands the future of struggling retailers rests seems to have changed
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Opinion
Mosaic pre-pack is a matter of Principles
The news that former Principles co-founder Peter Davies might be forced out of the running to snap up the brand is not good news for the high street.
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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
Mosaic has three months to refinance
Fashion group Mosaic has just three months left to refinance.
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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
Sir Philip Green moots Principles bid
Sir Philip Green is understood to be interested in bidding for Principles, the fashion brand owned by Mosaic.
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Opinion
Mosaic wise to assess options as Iceland rebuilds
A change of government in Iceland heralds a new start for the country, and may signal a thawing of the glacial process of evaluating the UK retail assets held by the administrators to its banks.
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News
Mosaic posts first-half EBITDA rise of 6 per cent
Fashion group Mosaic has reported that EBITDA in its first half to July 26 rose by 6 per cent to 33.4 million to represent 8 per cent of sales.
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News
Mosaic bids to take Principles upmarket
Mosaic has unveiled the first fruits of its turnaround strategy at smart womenswear chain Principles, 18 months after acquiring the retailer.