WHAT THE OTHER PAPERS SAY THIS MORNING April 22, 2012 FINANCIAL TIMES Non US banks hope for reprieve on swaps US regulators are exploring ways to give large foreign banks and overseas subsidiaries of US lenders a reprieve from stringent new derivatives rules, potentially alleviating one of the biggest concerns facing global finance institutions. Chesapeake discloses chief’s $661m payments for wells Aubrey McClendon, the chief [...]
John Lewis warns over tough trading as sales fall February 4, 2011 John Lewis reported a second consecutive fall in weekly sales at its department stores and warned of tougher trading ahead as shoppers face higher prices, taxes and public spending cuts. However, the employee-owned group, which has long outperformed the broader retail sector, said on Friday it was still budgeting for growth for the year to [...]
John Lewis warns over tough trading as sales fall February 4, 2011 John Lewis reported a second consecutive fall in weekly sales at its department stores and warned of tougher trading ahead as shoppers face higher prices, taxes and public spending cuts. However, the employee-owned group, which has long outperformed the broader retail sector, said on Friday it was still budgeting for growth for the year to [...]
John Lewis sales fall as shoppers feel pinch January 28, 2011 Department store John Lewis suffered a decline in sales last week, a sign that an increase in VAT sales tax has further weakened already fragile UK consumer spending. The retailer, which also owns supermarket chain Waitrose, said its department store sales fell 2.2 per cent to £50.1m in the week to January 22. Sales in [...]
Ocado shares fall after John Lewis pension fund sells out February 11, 2011 Retailer John Lewis’s pension trust has sold its stake of about 10 per cent in online grocer Ocado – sending its shares down 17 per cent. Ocado, whose shares have climbed sharply in recent weeks, said the sale would not affect its commercial relations with upmarket grocer Waitrose, a John Lewis unit. Ocado mainly sells [...]
CITY SALUTES ARMED FORCES AT GUILDHALL February 22, 2012 THE CREAM of London’s business and culinary talent last night came together at Guildhall for the Square Mile Salute fundraiser to support the armed forces. Owen Paterson, secretary of state for Northern Ireland, was guest of honour at the military fundraiser, where 13 of the world’s top chefs – including John Williams of The Ritz [...]
Directory arm saves the day September 14, 2011 HOW does Next do it? As a mid-market retailer with a presence in most town centres, you’d expect it to be suffering from the gloom on the high street, not bucking it. It is Next’s catalogue and internet business, Next Directory, that has proved the firm’s saviour, providing exposure to both the surge in online [...]
WESTFIELD AT STRATFORD: OUR PICK OF THE SHOPS September 13, 2011 CLOTHES & ACCESSORIES ASPINAL OF LONDON The second standalone shop for this affordable heritage brand, Aspinal has a plum position at the start of the Street, and is a wonderfully windowy space, glinting with cufflinks, jewels and charms and full of its signature bright croc skin bags and wallets. FOREVER 21 There were nearly 400 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 15, 2011 FINANCIAL TIMES HGCAPITAL IN TALKS TO BUY BACK IAS HgCapital, the mid-market private equity group, is in talks to buy back the main part of Iris Software Group four years after it sold the UK’s largest private business software maker to Hellman & Friedman. The buy-out house has approached its larger US rival with a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 15, 2011 FINANCIAL TIMES HGCAPITAL IN TALKS TO BUY BACK IAS HgCapital, the mid-market private equity group, is in talks to buy back the main part of Iris Software Group four years after it sold the UK’s largest private business software maker to Hellman & Friedman. The buy-out house has approached its larger US rival with a [...]