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Department Stores
Sports Direct makes Debenhams ยฃ150m offer
Sports Direct has made an offer to Debenhams to underwrite ยฃ150m equity issuance in Mike Ashleyโs latest attempt to take…
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Clothing & Shoes
Asos threatens to shut down accounts to deter serial returners
Online retailer Asos has updated its returns policy with a clause to deactivate the accounts of shoppers it suspects are…
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Health & Beauty
Boots facing possible store closures
Health and beauty retailer Boots may be forced to close some of its stores after parent company Walgreens Boots Alliance…
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Clothing & Shoes
Superdry’s board resigns following return of founder
Almost the entire board of executives have resigned from retailer Superdry after its founder Julian Dunkerton narrowly won a shareholder…
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HR
O2 increases paternity pay leave package to 14 weeks
Mobile network and phone retailer O2 has announced it will increase its paid paternity leave to 14 weeks for all…
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Economy
Shops, pubs and restaurants to get ยฃ500m tax reprieve
Small firms on Englandโs embattled high streets are set to share in half a billion pounds worth of tax cuts…
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Department Stores
Debenhams shareholders back Mike Ashley becoming CEO
Sports Direct has said a number of other shareholders in embattled department store Debenhams have expressed support in Mike Ashley…
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Economy
March consumer confidence ‘holds steady’
Market research company GfKโs long-running Consumer Confidence Index has showed that confidence among consumers in the UK stayed at the…
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Department Stores
Debenhams advisors should be ‘put in prison’, says Mike Ashley
Mike Ashley has hit out at Debenhams after the department store agreed on a refinancing scheme which could see its…
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Clothing & Shoes
Arcadia ‘draws up list of 67 store closures’
Arcadia has listed 67 stores it wishes to close across all of its brands, the Financial Times has reported. As…
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