All articles by Amy Shields – Page 7
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News
Arthur Ryan steps down as Primark chief executive
Primark boss Arthur Ryan will step down as chief executive of Primark from Sunday, but will remain chairman of the value fashion retailer.
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News
House of Fraser sets its sights on overseas expansion drive
House of Fraser is planning to open stores overseas in the next stage of its expansion plans under private equity owner Highland Group.
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News
Arcandor boss in multi-million euro pay off
The chief executive of insolvent German retailer Arcandor is in talks to step down from his role on Tuesday and pocket up to €15m for six months’ work.
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News
Italian retail giant Gruppo Coin looks for UK stores
Italian retailer Gruppo Coin is seeking suitable UK locations to launch its department stores and fast-fashion chain OVS.
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News
Debenhams upgraded as margin prospects improve
City brokers have issued a raft of upgrades for Debenhams ahead of its pre-close update next month.
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News
Luxury department stores fend off recession with sales gains
Department store operators Harrods, Harvey Nichols and Fenwick have reported resilient trading over the past year, despite the bleak retail landscape.
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News
Arcandor faces break up
German retail group Arcandor, which filed for insolvency in June, has ended its search for an “anchor” investor to keep the business afloat, which may lead to a break up of the company.
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News
Harrods has record year
Iconic department store Harrods has reported a record year after a strong performance from its international brands and womenswear.
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News
Fenwick sales rise as profits slip
Department store group Fenwick has revealed a robust set of full year results.
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News
German fashion house Escada to file for insolvency
German fashion house Escada has failed to get enough backing for a crucial part of its financial restructuring plans and said it will file for insolvency this week.
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News
Interest rates held at 0.5%
Interest rates have been held at 0.5% as the Bank of England announced it will inject a further £50bn in to the economy.
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News
Chris Ronnie calls for investigation
Chris Ronnie, the former chief executive of beleaguered JJB, has distanced himself from Sports Direct founder Mike Ashley and lambasted JJB chairman Sir David Jones’ strategy at the retailer.
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News
House of Fraser drafts in womenswear heavyweight to drive own-label
House of Fraser has reshuffled its operating board and hired womenswear heavyweight Stephanie Chen to drive the department store’s private-label strategy in womenswear.
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News
House of Fraser directors to join Crombie
House of Fraser directors June Lawlor and Colin Porter are to leave the department store to join menswear brand Crombie in September.
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Opinion
Taking Liberty
London department store Liberty announced this week that it has appointed advisers to review its options, which could include a push overseas and expansion in the UK, but is this taking Liberty too far?
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News
Mothercare boss in line for £3.5m bonus
Mothercare boss Ben Gordon is set to benefit from a potential £3.5m bonus after hitting performance targets.
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News
Links of London founders launch fine jewellery business
The husband and wife team behind jewellery chain Links of London have launched a new business in 11 department stores.
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News
Game agrees £175m refinancing
Entertainment retailer Game has refinanced and extended its borrowing facilities to June 2012.
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News
Scott Wheway appointed chief of Best Buy Europe
Best Buy Europe – the European joint venture between Carphone Warehouse and US electricals giant Best Buy – has appointed former Tesco and Boots executive Scott Wheway as chief executive.
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News
Sales set to fall further in August
Retail sales fell for the third consecutive month in the year to July, with little respite forecast by retailers for August, according to the CBI’s Distributive Trades Survey.