Retail news

• We shouldn't be too sceptical about rescue of Thomas Cook shops

  09-10-2019 20:55
  Hays Travel was vague on details but its debt-free status shows it’s clearly doing something right The package holiday market is dead and nobody under 40 goes to a travel agent, declared Michael O’Leary after the failure of Thomas Cook. So one must assume the Ryanair boss would diagnose an extreme case of naïvety at Hays Travel, the Sunderland-based, family-owned firm that has emerged as the surprise rescuer of 555 Thomas Cook shops and the willing re-employer of up to 2,500 sta
  
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• LVMH sales jump 11% despite Hong Kong protests

  09-10-2019 19:16 via ft.com
  Owner of Dior and Bulgari brands posts €13.3bn in revenues in third quarter
  
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• Links of London jewellery chain goes into administration

  09-10-2019 16:15
  Mike Ashley and Hilco among parties interested in making bids for 350 outlet companyJewellery chain Links of London has collapsed into administration, putting up to 350 jobs at risk, in a new blow to the high street.The chain, which operates 35 stores and concessions in the UK and Ireland, had been seeking a buyer before being put into administration on Tuesday. Sports Direct owner, Mike Ashley, and Hilco Capital, the owner of Homebase, had been reported as potential bidders in a last-ditch atte
  
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