Retail news
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Ben Westwood follows mum into fashion
- Posted:
- 03 July 2009 09:29
Dame Vivienne Westwood's eldest son, Ben Westwood is to launch his own fashion line for men. His collection of Jackets, Trousers and Shirts competes directly with his father-in-law Andreas Kronthaler's MAN collection for Vivienne Westwood. Mr Westwood is currently best known as an erotic photographer.His brother Joseph Corre, the founder ...read more
McDonalds introduces first new hamburger since 2001
- Posted:
- 03 July 2009 09:28
McDonalds is introducing an Angus Burger, its first new line of hamburgers since 2001. The new line of three Angus burgers, which will initially launch in the US, are one-third of a pound each and priced at $4. The premium offer has been in development for around two years after ...read more
HRG shareholders revolt over executive pay
- Posted:
- 03 July 2009 09:28
Home Retail Group, which includes Argos and Homebase, has been forced to defend a new bonus incentive scheme after over a third of investors voted against the plan.Although the protest vote was not enough to block the move, it has been seen as indicative of widespread unrest in the company's ...read more
Ramsey’s restaurants see profits crash
- Posted:
- 03 July 2009 09:26
Gordon Ramsey may be using the "F" word a lot more after news reports surfaced this week that profits at his restaurant business, Gordon Ramsay Holdings, crashed 87% last year.Accounts filed at Companies House show that profits at the company fell over £3 million to £383,000 in the year to ...read more
Gala axes 300 jobs
- Posted:
- 02 July 2009 09:30
Leisure group Gala Coral is cutting up to 200 administrative staff and confirmed it is reviewing the future of five of its 153 bingo clubs, putting another 100 jobs in jeopardy. The news comes despite the group's recent legal victory enabling it to recoup £60 million in VAT.The job cuts ...read more
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