Retail news
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Julien Macdonald acquires new investor
- Posted:
- 28 November 2007 09:19
Fashion designer Julien Macdonald has acquired a new investor, Jamey Hargreaves, son of the Matalan founder John Hargreaves. Mr Macdonald said the cash injection will fund the international expansion of his eponymous brand.Mr Hargreaves has been appointed chairman of the company, with Mr Macdonald as creative director and Chris Spira ...read more
Matalan founder quits
- Posted:
- 20 November 2007 09:04
Matalan founder John Hargreaves has resigned as chairman less than 12 months after taking the business into private hands. Mr Hargreaves, who has resigned for personal reasons, founded the group in 1985 and took it private in a deal worth £817 million last December.Mr Hargreaves’ long-term tax advisor John Mills ...read more
Torex Retail fires "whistleblower" chief executive
- Posted:
- 07 June 2007 09:58
The chief executive of Torex Retail, Neil Mitchell, has had his contract terminated, four months after allegedly blowing the whistle on the retail software company which is now under investigation by the Serious Fraud Office. Mr Mitchell took the post in September but was asked to step down from his ...read more
Chip & PIN supplier suspends shares over £23 million extra debt
- Posted:
- 26 January 2007 09:12
Torex Retail, a leading supplier of electronic retail solutions, has suspended its shares on the London Stock Exchange after announcing that its outturn for the 2006 financial year is likely to be significantly below market expectations. The company, which provides retailers with EPoS, Chip & PIN, mobile, back office and ...read more
Punch boss praises year of ‘continued progress’
- Posted:
- 24 January 2007 09:30
Punch Taverns has released a statement ahead of its AGM in which the chief executive has commented on trading since the start of the financial year on August 20th 2006. Punch Taverns boss Giles Thorley said: "This has been a period of continued progress for Punch Taverns on all fronts. ...read more
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