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Breakfast Briefing

Breakfast briefing: Retail news on Phones 4u, Phase Eight and footfall

Retail news round-up on September 15, 2014: Phones 4u goes into administration, Phase Eight owner hires Rothschild for sale, UK footfall drops 2.8% in August.

Phones 4u owner BC Partners is exploring all options for the retailer following Vodafone’s decision to not renew its contract with the firm.

Phones 4u owner considering options after losing Vodafone contract

Phones 4u owner BC Partners is exploring all options for the retailer following Vodafone’s decision to not renew its contract with the firm.

House of Fraser’s new Chinese owners are planning a £150m cash injection to revamp its department stores and propel its online growth.

House of Fraser's new Chinese owner to invest £150m in revamps

House of Fraser’s new Chinese owner is planning a £150m cash injection to revamp its department stores and propel its online growth.

House of Fraser has been sold to Nanjing Cenbest

House of Fraser's new owners outline global ambitions as £480m deal goes through

House of Fraser’s new owners have outlined ambitions to build the business internationally as its sale to Chinese firm Nanjing Cenbest formally went through.

Amazon has moved further into gaming by snapping up live-streaming gaming network Twitch

Amazon buys video-game live-streaming site Twitch for £585m

Amazon has moved further into gaming by snapping up live-streaming gaming network Twitch for $970m (£585m), beating Google to the acquisition.

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