Retail news

• Ashley offers to underwrite Debenhams rights issue

  06-04-2019 17:41
  Offer would require agreement of retail group’s creditors
  
  Read more

• Homecoming is just the start of the challenge for Superdry’s founders

  06-04-2019 17:00
  The fashion brand is now back under the control of the men who created it. But will their love of the rag trade be enough?When Julian Dunkerton, the co-founder of Superdry, took his seat in a City auditorium on Tuesday morning, he had no idea that he had pulled off one of the most audacious boardroom coups of recent times.Flanked by an entourage that included his wife – the fashion designer Jade Holland Cooper – and fellow Superdry creator James Holder, the multimillionaire waited an
  
  Read more

• Mike Ashley: make me Debenhams CEO and I'll back £150m rescue

  06-04-2019 16:13
  Sports Direct boss seeks to prevent lender takeover that would wipe out his stakeMike Ashley has offered to underwrite a £150m shareholder rescue fundraising for Debenhams if the ailing department store chain agrees to make him chief executive.The offer is the Sports Direct boss’s latest attempt to prevent Debenhams being taken over by its lenders and wiping out his group’s near 30% stake, which he spent about £150m building. Related: Debenhams running out of options as M
  
  Read more

• 'The support never stops' – former prisoner working for Timpson

  06-04-2019 07:00
  The Manchester company funds recruiting and training for ex-offenders and now has bigger plansTaking the bus to work on her first day for the Timpson group was “surreal”, according to Sarah Barker. That is because at the end of the day she would be returning to her prison cell.After serving more than two years for a violent assault, Barker had been turned down for nearly 70 jobs. But the family-owned Timpson group offered her a second chance, training her to work in one of its photo-
  
  Read more

• Advertisement

Follow @retailuknws on Twitter!