Black Friday 2015 UK: The best fashion deals from Asos, Gap, Hobbs, Topshop, Harvey Nichols, Selfridges and many more November 26, 2015 Fashion-concious shoppers who are preparing to dip into their wallets for Black Friday will be able to choose from a range of high street shops to designer brands. November 27 is widely tipped to be the biggest shopping day of the year, with a number of estimates expecting tills to ring to the tune of £1bn in just 24 hours. Figures [...]
“Unscrupulous” deals should be scrutinised and potentially blocked in the wake of the BHS debacle according to the former chair of the pension protection fund July 31, 2016 THE pensions regulator should be given new powers to block “unscrupulous” deals, or be bolstered by the creation of a separate agency, in order to avoid a repeat of the BHS pensions debacle according to the former chair of the Pension Protection Fund, Lady Barbara Judge. She believes a new entity along the lines of [...]
Now the pensions watchdog is taking a closer look at the rest of Green’s empire July 31, 2016 Sir Philip Green may have a fresh set of questions to answer, as the pensions watchdog has launched a probe into the Arcadia Group. The Pensions Regulator (TPR) is already looking at whether it can demand Green foots the bill for the blackhole in the BHS pension scheme. Now, The Sunday Times has reported TPR is investigating [...]
BHS collapse: Sir Philip Green set to appear before MPs next week June 8, 2016 Billionaire retailer Sir Philip Green will be given the chance to present his side of the remarkable story of BHS’ collapse when he appears before MPs next week. The former BHS owner, who will answer questions from two Westminster committees, faced a wave of criticism during today's parliamentary sessions. Green sold the business to Retail Acquisitions, [...]
Forget Lemonade, Beyonce’s invested in a watermelon startup May 3, 2016 Beyonce is the latest celebrity to jump on the startup bandwagon, and is apparently crazy in love with watermelon. The superstar singer who recently released a new album called Lemonade and a new sports range called Ivy Park with Topshop, has put an undisclosed sum into World Waters which makes organic watermelon juice. “I invested in WTRMLN WTR [...]
Sports Direct’s Mike Ashley steps in for eleventh hour BHS chats June 12, 2016 Sports Direct's Mike Ashley is trying to reopen talks to save BHS from liquidation. A source told City A.M. that Ashley had written to the administrators in a bid to reopen a dialogue in a move that could save a number of stores along with the BHS name. City A.M. also understands that the administrators will be [...]
Operation Tabernula verdict: Two found guilty, three acquitted in insider trading case May 9, 2016 An ex-City banker and a former Topshop finance director were found guilty yesterday evening following a trial that is widely considered to be the most significant insider trading case in British history. Accountant Andrew Hind and former Deutsche Bank director Martyn Dodgson were convicted of conspiring to insider deal between November 2006 and March 2010, by a majority verdict. [...]
BHS was “crashed into a cliff” says top Labour MP and BIS committee chair May 2, 2016 BHS was "crashed into a cliff" by its owners, the chairman of the Business, Innovation and Skills (BIS) Committee, Iain Wright told the BBC this morning. Wright said the troubled retailer, which was placed into administration a week ago, was sold to "tried and untested people", referring to Retail Acquisitions, the consortium which bought BHS for £1 from [...]
Top City advisers to be grilled by MPs in wake of BHS collapse May 15, 2016 A string of top City advisers are set for a grilling over the BHS fiasco after being called to give evidence in front of MPs. The business, innovation and skills committee is currently running an inquiry into the sale and acquisition of BHS, which kicked off last week with a joint hearing alongside the work [...]
Premium high street retailer Whistles bought out by Phase Eight parent The Foschini Group for undisclosed sum March 24, 2016 Premium high street retailer Whistles has been bought out by Phase Eight parent The Foschini Group. The South African business, which owns 20 retail brands and has a footprint of more than 2,700 stores, has taken a "substantial majority" stake in the British firm, headed by Jane Shepherdson sine 2008. Foschini, which bought Phase Eight [...]