Billionaire businessman Mike Ashley left the City baffled last night about a highly complex derivatives deal that was revealed on one of the busiest days in the retail calendar.
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Sunday 10 October 2010
Fashion is preoccupied this season with specific anatomical hugeness. With hourglass shapes at Prada and Louis Vuitton, not to mention Christina Hendricks' busty ubiquity, we are told that boobs are back. They never went away, I hear the blokes cry – maybe not in your realm, but I imagine we read quite different magazines.
Wednesday 15 September 2010
Debenhams downplayed retail sector concerns that the spike in cotton prices will translate into inflation in clothing prices and a dip in sales yesterday. Flooding in Pakistan and China has sent global cotton prices soaring to a 15-year high in recent weeks, as retailers already face higher transport costs, wage inflation in China and rising VAT in the UK.
Tuesday 14 September 2010
Soaring cotton prices threaten to put further pressure on inflation amid a chorus of warnings over the likely impact on price tags.
Thursday 09 September 2010
Saturday 28 August 2010
Very has up to 60 per cent off clothing, jewellery and footwear on its website, as part of the much-hyped "End of Summer" sale. Top-selling items in the sale so far include a Henleys utility bag – down from £20 to £14 – a pair of Goodsouls slouchy beanie hats – down from £12 to £8 – and a Pineapple beach towel, reduced from £10 to just £6. Visit http://ind.pn/cK5oxH for the full range.
Sunday 08 August 2010
Thursday 05 August 2010
Debenhams, the department store, has held discussions about unlocking the value in its property portfolio, as it seeks to generate significant funds to further pay down debt and invest in the business.
Tuesday 20 July 2010
Debenhams has completed the refinancing of its debts ahead of schedule by signing a £650m credit facility.
Wednesday 07 July 2010
The stock market mounted a comeback last night, with the vehicle and aircraft parts-maker GKN rallying as bargain-hunters moved in to make the most of recent losses.
Saturday 03 July 2010
The serial retail entrepreneur John Kinnaird is trying to launch a new footwear chain just two months after his previous venture, the shoe retailer Faith, collapsed.
Tuesday 22 June 2010
Debenhams is considering opening shops in Libya and Morocco, as the department store seeks out new countries to drive its international sales growth.
Sunday 20 June 2010
What kind of National Health Service do you want? We're the rarely-consulted consumers, the front-line fodder for the NHS – but this cash-eating monolith (which gobbles up a sixth of all public spending) appears to operate to please its bureaucrats rather than the patients. The Prime Minister David Cameron has said he will not cut key services, but hasn't decided how much will be allocated to achieve that goal. For starters, £250m will be saved by cutting NHS management, but his ultimate goal is to cut wasteful admin by a third and save up to £20bn. How to do this without compromising health care?
Sunday 20 June 2010
Saturday 19 June 2010
Sniff out a Debenhams deal
Thursday 17 June 2010
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
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- 5 Brixton squat flats now costing up to £3k per month show how out of control rent is in London