All Aurum articles – Page 3

  • BT Retail Week Technology Awards 2010

    BT Retail Week Technology Awards winners announced


    The winners of the BT Retail Week Technology Awards were announced at a ceremony in London last night.

  • Mappin & Webb

    Aurum wants Mappin to be ‘next Tiffany’


    Jewellery group Aurum aims to lift sales above £350m this financial year with a plan to turn Mappin & Webb into “the next Tiffany”.

  • Aurum has a sparkling start to the year as profits rise

    Aurum has a sparkling start to the year as profits rise


    Aurum, the owner of Mappin & Webb , Watches of Switzerland and Goldsmiths has reported full year operating profits grew to £6.5m in the year to January 31, up from £3.1m the year before.

  • Hamleys

    Life after Baugur

    February 5, 2010

    One year on, Amy Shields assesses the impact of the Icelandic investment giant’s collapse on UK retail and the chains it owned

  • Aurum

    Aurum's sales sparkle


    Jewellery retail group Aurum beat internal expectations over Christmas with like-for-like sales increasing 3.1% in the nine weeks to January 3.

  • Mappin & Web: The retailer will adapt fascia name

    Aurum to revitalise its Mappin & Webb fascia


    Jewellery group Aurum has outlined plans to invest in its staff and rebrand its Mappin & Webb fascia after completing financial restructuring.

  • Aurum: preparing for growth after refinancing

    Goldsmiths owner Aurum agrees refinancing


    Aurum, the jewellery group formerly backed by Baugur, has agreed a debt for equity swap with lenders and said recent performance has been ahead of expectations.

  • Goldsmiths

    Aurum drafts in top troubleshooter


    Jewellery group Aurum, owner of Mappin & Webb, Goldsmiths and Watches of Switzerland, has parachuted in retail restructuring and turnaround specialist Ian Gray to renegotiate rents with its landlords.

  • Analysis

    Don McCarthy


    House of Fraser and Aurum

  • baugur group logo

    Baugur: who knew what?


    Baugur’s financial woes were known about almost a year before it finally collapsed, a new book claims.

  • Goldsmiths

    Aurum first-quarter sales flat


    Jewellery group Aurum has announced that like-for-like sales were flat in its first quarter to April.

  • News

    Don McCarthy insists that Aurum's future is safe


    Aurum chairman Don McCarthy has insisted that the future of the jewellery group is secure and said the retailer has outperformed the beleaguered jewellery sector.

  • News

    Baugur files for bankruptcy


    Baugur has filed for bankruptcy after an Icelandic court refused to grant its application to extend its protection from creditors.

  • News

    Mosaic has three months to refinance


    Fashion group Mosaic has just three months left to refinance.

  • 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.

  • 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.

  • News

    Baugur in administration


    Updated: Baugur’s stakes in retailers House of Fraser, Hamleys, Aurum and Iceland have been placed in to administration.

  • News

    Glitnir makes demands on Baugur; buyers circle Hamley's


    Nationalised Icelandic bank Glitnir has demanded repayments from beleaguered Icelandic investor Baugur, as tensions between it and its lenders intensify.

  • News

    Baugur stakes in retailers seized


    Baugur stakes in retailers including House of Fraser, Hamleys, and Iceland have been placed under the control of nominated receivers to prevent any asset sale.

  • News

    Baugur-backed Aurum confirms business review


    Aurum Holdings, the jewellery group backed by beleaguered Icelandic investor Baugur, has confirmed that it has appointed Ernst & Young to review the business and has distanced itself from the investor, which is on the brink of administration.