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
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Sunday 11 April 2010
Sunday 21 February 2010
Britain's biggest credit insurer is refusing to cover suppliers to House of Fraser amid concerns about the company's performance.
Tuesday 19 January 2010
Lady Gaga proved the unlikely inspiration for a sales boost of almost a third at online fashion group Asos, the latest retailer to post strong results over Christmas.
Monday 11 January 2010
Department store chain House of Fraser revealed record seasonal trading today as it offered more signs that retailers enjoyed a robust Christmas.
Monday 11 January 2010
House of Fraser has become the latest large retailer to post storming festive-trading results, driven by a strong performance from its new stores and branded offer.
Wednesday 17 June 2009
Ever sensitive to the accusation that ministers brief the press before Parliament, government officials applied a strict lock-in at yesterday's briefing for journalists on Digital Britain, with hacks banned from leaving the room until Ben Bradshaw had finished his House of Commons statement. One Evening Standard writer brave enough to make a break for it was escorted back into the room by security guards.
Tuesday 10 February 2009
Nearly all of the London head office staff at the beleaguered retail investor Baugur will be made redundant today.
Thursday 05 February 2009
Thursday 08 January 2009
Viyella, one of the oldest names in the British clothing industry, has joined the victims of the recession. Its womenswear section went into administration, though other parts of the business are still trading.
Sunday 23 November 2008
Middle Eastern sovereign wealth funds (SWFs) are poised to swoop on the flagship Debenhams store in Oxford Street, following the collapse of a £150m deal with a Ukrainian investor.
Monday 13 October 2008
Retail billionaire Sir Philip Green edged closer to a deal to buy the debts of Icelandic investor Baugur, a once- powerful predator that acquired a string of famous brands.
Saturday 04 October 2008
Sunday 24 August 2008
Iceland's chief executive, Malcolm Walker, is expected to meet Woolworths chairman, Richard North, this week to discuss a new takeover bid for the pick-'n'-mix retailer.
Thursday 21 August 2008
House of Fraser has delivered a healthy uplift in sales and profits, as the changes made by its new management team bear fruit despite tough trading conditions on the high street.
Tuesday 19 August 2008
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