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Retail Trust charity ball raises over £1 million

Posted:
31 January 2012 10:46

Charity Retail Trust has said that its London ball has raised over £1 million for retailers in need.The guest list for last night's event included high street and etail leading lights such as Arcadia Group owner Sir Philip Green, M&S CEO Marc Bolland, ASOS CEO Nick Robertson, Jaeger chairman Harold ...read more

Black Leisure in profits warning

Posted:
25 November 2011 10:05

Blacks Leisure today warned full-year profits would be lower than expected as the gloom on the high street continued to heap pressure on the outdoor clothing group.Blacks Leisure, which owns the Blacks and Millets brands, said sales had been lower than expected in the last few weeks, prompting the group ...read more

Arcadia to close 10% of stores

Posted:
25 November 2011 10:05

Top Shop and BHS owner Sir Philip Green has warned around 10% of his retail empire faces closure. The owner of Arcadia Group, which has 2,507 stores across its brands, said approximately 250 stores would not have their leases renewed when they expire within the next three years.The warning came ...read more

Arcadia suffers 40% blow to profits

Posted:
24 November 2011 10:06

Dixons Retail, which owns Currys and PC World, rose above the troubles of its rivals today, by posting an improved UK trading performance.The company, which has 640 stores in the UK and Ireland, said pre-tax losses in the UK narrowed to £3.9 million in the 24 weeks to October 15th, ...read more

Ollie & Nic rescued from administration

Posted:
22 February 2011 09:23

Vintage accessories brand Ollie & Nic has been rescued from administration by Principles founder Peter Davies. Mr Davies, Richard Sims and Chris Inman, who previously held senior roles in Arcadia and were part of the Rubicon team that undertook a management buyout of Warehouse and Principles from Arcadia in 2001, ...read more

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