Retail news

• Ted Baker’s 29% discount makes it look like a bid bargain 

  11-06-2019 20:41
  Size of fashion chain’s profit warning has proved a shock to investors
  
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• Ted Baker’s 29% discount makes it look like a bid bargain

  11-06-2019 20:41
  Size of fashion chain’s profit warning has proved a shock to investors
  
  Read more

• Philip Green's Topshop rescue deal still stands a chance | Nils Pratley

  11-06-2019 20:12
  Intu may just say no to Arcadia’s CVA rent cuts but other waverers may fall into lineWe wait to see if, when push comes to shove, the holdout landlords really will vote against Arcadia’s demand for rent cuts for a second time. Intu is determined to say no to Sir Philip Green, but it is the biggest and thus has most to lose in terms of rental income. Waverers may conclude they’ve made their point that CVAs are not a slam dunk for struggling retailers and quietly fall into line.
  
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• Problem in the bagging area: the plastic-shaming scheme that went very, very wrong

  11-06-2019 18:41
  Tired of people failing to bring in their own carrier bags, a Canadian store brought in a set with ‘embarrassing’ logos. There was just one problemName: Plastic shaming.Age: Brand new in its current form. Related: How did we let plastic bags get everywhere?Continue reading...
  
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• Sports Direct challenges Debenhams’ restructuring

  11-06-2019 18:19
  Rare move against CVA threatens to complicate department store’s recovery
  
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• Mall owner Intu deals blow to Arcadia rescue hopes

  11-06-2019 14:52
  Key landlord reluctant to support rent cuts ahead of vote on Philip Green’s retail empire
  
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• Arcadia rescue hopes dealt blow by key landlord

  11-06-2019 14:52
  Shopping mall owner Intu is reluctant to support rent cuts ahead of vote on Philip Green’s retail empire
  
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• Mike Ashley starts legal challenge to Debenhams rescue plan

  11-06-2019 14:13
  Sports Direct boss challenges CVA deals which thwarted bid to control department storeMike Ashley’s Sports Direct has fired off a legal challenge against Debenhams rescue restructure, which was approved by creditors last month.The legal challenge is the latest blow by Ashley in his battle with the department store, which was taken over by a syndicate of banks and hedge funds it owed money. The deal thwarted an attempt by the Sports Direct boss to take control. Continue reading...
  
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• Arcadia on the brink after Intu rejects revised CVA plan

  11-06-2019 14:06
  Philip Green’s group expected to go into administration if landlords refuse rent cutsThe future of Philip Green’s retail empire hangs in the balance after a major landlord confirmed it would not back a revised deal to be put to creditors on Wednesday.Sources close to Intu, the owner of the Trafford Centre in Greater Manchester and the Metrocentre in Gateshead, said it was not prepared to accept rent cuts averaging 40% across Arcadia Group shops in its centres. Continue reading...
  
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• Ted Baker warns on profits amid 'extremely difficult' conditions

  11-06-2019 09:28
  Retailer says competition and low consumer spending could dent earnings by up to £20mTed Baker shares plunged by nearly 30% after the retailer warned on profits, saying that tough competition and falling consumer spending could knock up to £20m from earnings this year.The warning comes as the brand distances itself from its founder and former chief executive Ray Kelvin, who stepped down in March following allegations he acted inappropriately towards staff, subjecting them to “f
  
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• Ted Baker warns ‘difficult’ conditions to hit profits

  11-06-2019 09:13
  Retailer’s shares drop by a third as it announces it will miss forecasts
  
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• Top 100 global brands 2019: the full ranking

  11-06-2019 06:00
  For the first time Amazon tops ranking compiled by WPP’s Kantar 
  
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• Retail: how bookshops survived Amazon’s onslaught

  11-06-2019 06:00
  Despite being hit hard by the rise of ecommerce, the book trade believes it has found ways to thrive 
  
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