The bidders for Oasis, Coast and Warehouse are reported to include Philip Day, Foschini, Alteri and Truwowrths, but they are believed to have offered less than half the £100m the trio's owners had wanted.
Retail entrepreneur Philip Day has confirmed he is the mystery buyer of Jaeger. The billionaire Edinburgh Woollen Mill owner revealed the news as he opened the first of what will be a new chain of UK department stores.
Harvey Nichols and John Lewis are among the favourite stores for UK consumers but Topshop and Topman, Peacocks and JD Sports come much closer to the bottom of the list in a new poll from Which that looked at 100 chains.
The big news in recent weeks has been all about who will buy struggling Jones Bootmaker from Alteri. But today it seems that the private equity investor’s other footwear business, Brantano, is also a bid target.
The list of bidders for Jaeger has grown and it looks like Edinburgh Woollen Mill could be in the lead with sources saying its owner’s track record of succesful turnarounds gives it a strong chance of winning the prize.
Bonmarche Holdings, the clothing retailer focused on women over 50, plans to list shares on London's Alternative Investment Market, it said on Friday, less than two years after it was bought out of administration by a...
JJB Sports is closing the bulk of its stores with the loss of around 2,200 jobs, the latest British retailer to fall victim to a downturn in consumer spending after administrators found a buyer for only 20 of its shops.
The break-up of loss-making and debt-laden British sporting goods retailer JJB Sports is set to begin with market leader Sports Direct sealing a deal to buy 60 of its stores, a source close to the deal told Reuters on...
Debt-laden British retailer JJB Sports Plc said on Monday it was appointing administrators to sell its assets and brands after failing to receive an offer for the entire company, threatening thousands of jobs.