All Baugur articles – Page 3

  • 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

    Iceland signs £11.5m IT outsourcing deal


    Iceland has signed a seven-year IT services deal with Getronics costing more than 11.5m.

  • Netto

    Netto and Iceland join forces to develop stores


    Value supermarket retailer Netto has teamed up with Iceland to develop a series of schemes on which both companies will trade from adjacent stores.

  • 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.

  • News

    Kevin Stanford in battle with Kaupthing


    All Saints owner Kevin Stanford is understood to owe more than 250m to nationalised Icelandic bank Kaupthing and has been blocked from issuing new shares in the fashion brand.

  • Gallery

    Store of the week: Hamleys, Dubai


    How portable is a retail brand and when is it so linked to a particular location that it’s hard to see it working anywhere else?

  • News

    House of Fraser consults on jobs


    Department store group House of Fraser has begun consultation with some staff as part of an efficiency drive.

  • News

    Mosaic has three months to refinance


    Fashion group Mosaic has just three months left to refinance.

  • News

    Kaupthing requests nine-month extension to protection period


    Nationalised Icelandic bank Kaupthing has requested a nine-month extension to the period in which it is protected from its creditors.

  • 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.

  • 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.

  • Opinion

    Iceland should cut the Baugur cord


    The meltdown of Icelandic investor Baugur has implications for frozen food chain Iceland, and the management need to take charge.

  • Opinion

    Baugur's loss is retailers' gain


    The final death throes of Baugur’s retail empire are being very publicly played out, but the brands in which it has stakes should breathe a quick sigh of relief and move on with the business of retailing.

  • 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.

  • News

    Baugur boss Johannesson lambasts Landsbanki


    Baugur boss J n sgeir J hannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.

  • News

    Baugur files for bankruptcy protection


    Baugur has confirmed that it has filed for protection from its creditors in the Icelandic equivalent of Chapter 11 bankruptcy protection as exclusively revealed by Retail Week this morning.