UBS has little scope to outflank Joe Lewis September 26, 2011 THE spotlight, when it comes to UBS, is currently on where the investment bank goes from here, but elsewhere there are teams of bankers getting on with their day jobs. In London, Nick Reid and his team are trying to do the impossible; advise the pubs group Mitchells & Butler on how it might get [...]
UBS has little scope to outflank Joe Lewis September 26, 2011 THE spotlight, when it comes to UBS, is currently on where the investment bank goes from here, but elsewhere there are teams of bankers getting on with their day jobs. In London, Nick Reid and his team are trying to do the impossible; advise the pubs group Mitchells & Butler on how it might get [...]
Piedmont hits out at M&B’s sluggish sales September 27, 2011 JOE Lewis yesterday signalled he will press ahead with a low-ball takeover offer for pub chain Mitchells & Butlers, after his investment vehicle Piedmont branded the group’s results “disappointing”. “It is a very disappointing score card for all shareholders and we are seriously considering our options,” said a spokesperson for Piedmont owner Joe Lewis on [...]
Card games trigger Panel probe at M&B September 18, 2011 REPORTS that Joe Lewis enjoyed games of cards with JP McManus and John Magnier on board his yacht Aviva over the summer, as revealed in City A.M. on 15 September, have prompted the Takeover Panel to re-open their files on alleged collusion between the two parties to seize control of pubs chain Mitchells & Butlers. [...]
Lewis seeks out Irish tycoons in brewing battle September 14, 2011 JOE LEWIS has told associates he wants to meet JP McManus and John Magnier, his friends and fellow shareholders in Mitchells & Butlers, to enlist their support in his fight to take full control of the pub chain. According to one source who was yesterday at a meeting on Lewis’s boat Aviva, the financier expressed [...]
Mitchells & Butlers sets Lewis a deadline for his next move September 16, 2011 THE INDEPENDENT directors of Mitchells & Butlers have issued a put up or shut up notice to Piedmont, forcing Joe Lewis to make a public offer for the group by 17 October. If Piedmont fails to come back with a firm offer by the deadline of 5pm on 17 October, following its possible offer of [...]
Summer glow essentials April 18, 2011 Get the look 1 YSL Volupte Sheer Candy Glossy Lip Balms, £21 at Harrods. www.harrods.com 2 Nars Velvet Gloss Lip Pencils, £17.50 each at John Lewis, House of Fraser and Selfridges 3 Urban Decay stardust eyeshadow in Griffith, £15, www.asos.com 4 Benefit Bella Bamba blush, £23.50, www.benefitcosmetics.co.uk 5 Clinique Chubby stick in chunky cherry, £14.00, [...]
John Lewis sees £111m profit but warns over headwinds September 16, 2010 John Lewis said trading conditions would likely get tougher as tax hikes and public spending cuts hit shoppers, as it reported a 28 per cent rise in first-half profit. The group said its strong first-half performance gave it confidence that both its department stores grocery chain Waitrose would cope well. “Despite the economic headwinds, and [...]
John Lewis shrugs off double-dip fears September 3, 2010 Customers of John Lewis are showing few signs of reining in spending in the face of prospective tax rises and employment uncertainty with the firm posting another week of double digit sales growth. The employee-owned company, traditionally seen as a bellwether of the retail sector but which has outperformed competitors for over a year, said [...]
John Lewis sales accelerating August 13, 2010 RETAILER John Lewis said year-on-year department store sales accelerated last week, shrugging off fears that prospective tax rises and employment uncertainty would hit consumer spending. The employee-owned firm, traditionally seen as a bellwether of the UK retail sector but which has outperformed competitors for over a year, said sales at its 28 department stores and [...]