Month: November 2020
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Nov- 2020 -10 NovemberShopping Centres
Landsec posts £835m loss
Real estate firm Landsec, which owns the Bluewater shopping centre and a number of other retail destinations, has reported a…
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10 NovemberClothing & Shoes
New Look completes recapitalisation transaction
New Look has announced the completion of a “comprehensive” financial recapitalisation following the High Court’s sanction of New Look Financing’s…
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10 NovemberLuxury Goods
Former Godiva CEO acquires Artisan du Chocolat
Artisan du Chocolat has announced the sale of a majority stake to Mohamed Elsarky, the former president and CEO of…
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10 NovemberHigh Street
Pre-lockdown boost sees retail sales up 4.9%
UK retail sales increased by 4.9% on a total basis in the four weeks ended 31 October 2020, according to…
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9 NovemberAdvice
How retailers can change the way they make decisions
How often have we heard of the demise of a retailer being linked to poor decision-making? For a long time…
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9 NovemberCoronavirus
Pfizer reveals Covid-19 vaccine candidate is 90% effective
A successful Covid-19 vaccine is a step closer after Pfizer/Biontech revealed its vaccine candidate is 90% effective, according to its…
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9 NovemberHigh Street
Frasers Group claims to have been ‘frozen out’ of EWM bid
Mike Ashley’s Frasers Group has reportedly claimed it has been “frozen out” of the auction to acquire three brands from…
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9 NovemberDepartment Stores
Harrods forced to reorganise £200m credit
Harrods has been forced to reorganise its £200m credit line due to the second national lockdown causing the closure of…
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9 NovemberNews
Landlords hit back at Clarks CVA terms
Landlords are reportedly accusing Clarks of abusing its insolvency processes, as the retailer pushes forward with a CVA that includes…
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8 NovemberDepartment Stores
John Lewis calls for clarity on store reopenings
John Lewis has issued a plea to the government to provide clarity on whether its stores will be able to…
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