News

Mike Ashley once boasted he had “balls of steel”. Frankly, for anyone else to spend £45 million on shares in Debenhams after its Christmas drubbing, you’d need them.

House of Fraser keeps options open as Lafayette bid looms

The French department store Galeries Lafayette is in exclusive talks to buy its British rival House of Fraser.

House of Fraser eyes July float if Lafayette talks fail

House of Fraser could float on the stock market as soon as July, if exclusive talks with French department store Galeries Lafayette collapse.

The Business Matrix: Thursday 26 September 2013

Baby boom helps Cussons profits

Furniture retailer Dwell collapses after failed attempts to find white knight

Upmarket furniture chain Dwell today closed all its stores and ceased trading both on the High Street and online with immediate effect, with the potential loss of 300 jobs.

House of Fraser defies High Street gloom with record sales and profits

House of Fraser, the privately owned department store chain, showed today it is defying the gloom on the High Street with record levels of sales and profits.

What the Sunday papers said

Independent on Sunday: Aviva faces new investor row at annual meeting

Light bites: Brighten up meal times with a splash of colour

1 | Babell Tiered Fruit Dish £19.80, Koziol. This three-tiered plastic stand makes a red-hot table centrepiece. 0121 224 7728, redcandy.co.uk

Investment Insider: Home shoppers may not help retailers out of their slump, but watch out for overseas growth

Begbies Traynor, the business recovery group, reckons almost 140, mainly smaller, retailers are in a financially critical situation. It has also cautioned that as consumers tighten their belts after Christmas there could be a surge of insolvencies during the first quarter of 2013.

Warm weather stifled sales at House of Fraser

House of Fraser has blamed warm weather, the consumer downturn and costs associated with opening a new distribution centre for a sharp fall in its profits last year.

Matalan founder makes womenswear buy

John Hargreaves, the founder of Matalan, has acquired Fenn Wright Manson, the womenswear retailer, out of administration.

Firemen douse the charred remains of the Reeves furniture store in Croydon, south of London, on 9 August

Man admits starting House of Reeves Croydon riot blaze

A man today admitted starting a massive fire which destroyed a family-run furniture shop during the riots last year.

Lombok calls in administrators

The furniture chain Lombok went into administration yesterday in a move resulting in the closure of nine stores.

Jane Norman fights Baugur's legacy to the high street

Two years after the Icelandic investor imploded many UK companies are still reeling. James Thompson reports
Career Services

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