All Alexon articles – Page 4

  • Baytrading Shop Front

    Bay Trading’s new owners acquire 45 stores


    The new owners of Bay Trading have acquired 45 standalone stores out of the 175-store portfolio.

  • Baytrading Shop Front

    Up-for-sale Bay Trading close to finding buyer


    A sale of troubled young fashion retailer Bay Trading was imminent as Retail Week went to press. Heads of terms on a deal had been signed, a source close to the situation said.

  • Bay trading fascia

    Bay Trading in administration


    Alexon has placed its Bay Trading fascia into administration following losses reported earlier this week and the withdrawal of credit insurance.

  • Bay Trading

    Alexon considers cutting loose ailing Bay Trading


    Fashion group Alexon is considering selling Bay Trading as a “back-up plan” after the young-fashion brand’s performance dragged down full-year group pre-tax profits.

  • shields amy cutout

    Alexon's war of attrition


    Beleaguered Alexon has a fight on its hands if it is to survive in tact this year, after it revealed a dire full-year performance.The retailer’s plunge in to the red was largely due to the performance of its young-fashion brand Bay Trading, where £7m-plus losses dragged down the rest of ...

  • Bay trading fascia

    Alexon profits dive as Bay Trading suffers tough competition


    Fashion group Alexon has revealed that pre-tax profits before exceptionals plummeted to £3.5m in its full year to January 31, from £16.4m the year before.After exceptionals of pre-tax losses were £27.7m, down from a £12m profit in 2008.Turnover fell 4.5 per cent to £250.3m with like for like sales down ...

  • Bay trading fascia

    Alexon rejects approach to acquire business


    Fashion group Alexon has rejected an unsolicited approach from an unnamed third party wanting to acquire the retailer.

  • News

    Alexon profit forecasts ahead of management expectations


    Fashion group Alexon has said that it expects full-year operating profit to exceed management expectations after a robust performance in December.

  • News

    Alexon sales tumble


    Alexon has revealed that sales slumped below expectations in the 17 weeks to November.

  • News

    Alexon turns screws on suppliers


    Alexon has turned the screws on its suppliers in the run-up to the challenging Christmas period.

  • News

    Alexon profits slump


    Alexon has unveiled a lacklustre set of interim results after “a challenging trading period”.

  • News

    New Alexon chief to start this month


    Fashion group Alexon has revealed that new chief executive Jane McNally will join the retailer on June 16. Outgoing chief executive John Osborn will retire on August 29.

  • News

    Alexon chief to retire


    Fashion group Alexon has announced that chief executive John Osborn will retire from the retailer later this year.

  • News

    Stocks outperform market again as results season’s stars emerge


    A raft of results and updates brought mixed news, but retailers’ stocks rose once again during the week and outperformed the market.

  • News

    Alexon profits rise as sales fall


    Fashion group Alexon increased its operating profit before exceptionals to 10.5 million in the year to January 26, 2008, from 9.9 million the previous year.

  • Opinion

    Kinnaird must put his best foot forward


    Retail entrepreneur John Kinnaird, whose shoe chain Dolcis went into administration last month, made a bold comeback this week with the acquisition of struggling clothing chain Style Menswear for a token sum of £1.

  • News

    Alexon profit buoyed by post-Christmas trade


    Alexon revealed that post-Christmas trading lifted performance and that profits for the 52 weeks to January 26 are expected to be no lower than 12.5 million.

  • News

    Dolcis revamps store systems under new owner


    Dolcis has begun a roll-out of a new store system as part of the IT overhaul taking place to separate it from previous owner Alexon Group.