FOOD & BOOZE NEWS October 5, 2009 QUO VADIS OPENS ON SUNDAYSFashionable Soho restaurant Quo Vadis is now open for business throughout the weekend, with Sunday lunch and dinner on the menu. Owners Sam and Eddie Hart are aiming for a relaxed, family atmosphere during the day, with entertainers keeping the littl’uns amused upstairs while parents enjoy lunch in the restaurant below. [...]
Theo Fennell topples into red September 7, 2009 EXCLUSIVE jewellery firm Theo Fennell yesterday blamed its previous management for losing £3.3m on a series of failed projects and dragging the business into the red. The group posted a pre-exceptional loss of £2m for the year ended 31 March, compared to a profit of £1.9m the year before. And a series of ill-judged expansionary [...]
Regeneration is taking off in the Olympic quarters June 25, 2009 STRATFORD has long been one of those London areas that is supposedly on the verge of gentrification. The coming of the DLR, then the Jubilee Line, were meant to turn it into an up-and-coming area attractive to thrusting young professionals. It never quite happened. But last week, two things took place which mean that Stratford [...]
WESTFIELD CUTS CHARGES June 2, 2009 WESTFIELD shopping centre yesterday bowed to pressure from retailers by dropping its service charges at its White City mall from £13.94 a sq ft to £12.98. Retailers were angered in September after the group hiked its fees sharply from the £8.50 initially agreed. Westfield said the reductions were part of a six month trading review [...]
Westfield cuts service charge June 1, 2009 Shopping centre giant Westfield is offering to cut service charges at its west London mall by seven per cent in a bid to end a long-running disagreement with retailers over its decision to hike the fees just a few days after the £1.6bn centre opened its doors. The developer is now offering to cut service [...]
Liberty surges on speculation over fierce bidding war August 27, 2008 Liberty International saw its shares receive a welcome fillip yesterday as US mall owner Simon Property Group upped its stake in the UK shopping centre specialist to 4.22 per cent, prompting speculation of a bidding war. Australian property group Westfield, the world’s largest shopping mall owner by market cap, also confirmed yesterday that it had [...]
Dalgleish set to pocket £20m from CBRE deal October 31, 2005 Malcolm Dalgleish is not yet as wealthy as Philip Green, but he has just become almost £20m richer. In property circles Dalgleish is known as Green’s right-hand man, and he has just sold his business for around £30m to the world’s largest real estate advisory firm. He stands to make up to £20m from the [...]