News

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.

Debenhams boss retires with upbeat message

The chief executive of Debenhams, Rob Templeman, sprung a surprise yesterday, revealing he will retire in September after nearly eight years at the department store chain.

Go Outdoors chairman John Lovering quits

John Lovering has stepped down after just eight months as chairman of the outdoor retailer Go Outdoors, which is poised to sell a minority stake to 3i, the listed private equity firm.

Dressing table: Spring bloom

Matthew Williamson experiments at home

Fashion and interiors are one, says the designer in an exclusive interview with Annie Deakin

ailers hungry for plus-size clothing growth

One-quarter of the women's clothes sold in the UK this year will be size 18 or above, as retailers target a huge opportunity to grow profits from the fact that females in this country are getting fatter. Verdict, the retail consultancy, said the women would increase their spend on plus-size clothing by 6 per cent to £4.9bn this year.

'Soap opera' at M&B continues as latest chief executive exits

Adam Fowle, the chief executive of Mitchells & Butlers, is to leave the pub and restaurant group after only two years in the role, perpetuating the image of a corporate "soap opera" and a boardroom with a revolving door.

Debenhams posts resilient half-year profits figures

Debenhams moved closer to reinstating its dividend yesterday after it posted a resilient set of half-year sales and profits, despite the dire weather before Christmas and lower footfall on the high street since early January.

The Week Ahead: Little cheer for retailers after bad winter and VAT

After extreme weather hit the festive period, it is no secret that – with the rise in VAT just one of its headaches – the retail sector has suffered a tough 2011, and Debenhams aren't expected to produce any positive surprises tomorrow.

The Bargain Hunter: Nibbles to satisfy cravings ...

If you've decided to exercise a bit of restraint during Lent you could do worse than to head over to Food Doctor, where craving-satisfying nibbles can be found at wallet-friendly prices. Check out the full range of bargain books and snacks at ind.pn/FoodDoc

High street heroes: A new line-up at Debenhams

Debenhams was first to offer designer collaborations, in 1993, and now there's a fresh new line-up of young names at the store. Harriet Walker reports

The Bargain Hunter: Romantic rush

With the big day only 48 hours away, Asda has slashed the price of flowers on its specialist Valentine's microsite. Flowers delivered by post can be purchased for as little as £9.75, while bouquets delivered by courier start at just £19. Aesthetically, the stand out choice has to be the ES Pink Signature arrangement, available for £36 including delivery. Visit Asda's website at http://bit.ly/epihLJ to view the full range.

M&B's Lovering to step down as chair

John Lovering is set to call time on his year-long stint as chairman of the pubs group Mitchells & Butlers.

The Bargain Hunter: Blue Cross your heart

The "biggest ever" Blue Cross sale at Debenhams continues this weekend with up to 70 per cent off fashion and homewares in-store and online. Top offers include numerous Red Herring dresses, starting at £16.50, men's biker and bomber jackets down to as little as £23.75, and exclusive bed linen sets reduced to just £12. Visit Debenhams.com/sale for more information.

Festive freeze hits sales across the high street

The full impact of last month's snow on festive trading was laid bare yesterday in a key survey, as the department store chain Debenhams said it lost £30m of sales to the weather.

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Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee