Calvetron Brands
This section covers the trajectory and challenges of Calvetron Brands, a UK-based womenswear group known for labels such as Jacques Vert, Precis, Dash, and Eastex. Reporting examines the company’s expansion through department store concessions, its acquisition of William Baird PLC in 2002, and subsequent rebranding efforts. Coverage also delves into the financial difficulties leading to administration in 2018, resulting in the closure of over 300 concessions and significant job losses. The content provides retail professionals with insights into the complexities of operating multi-brand fashion portfolios within the evolving UK retail landscape.
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Aug- 2018 -7 AugustClothing & Shoes
Phillip Day to snap up Jacques Vert
Retail boss Phillip Day is said to be preparing to add womenswear brand Jacques Vert to his retail portfolio, which has already seen the recent addition of Jaeger. Day will look to acquire the struggling brand through a separate company to Edinburgh Woollen Mill according to Sky News. The deal…
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Jul- 2018 -10 JulyProperty
Retail property value sees biggest drop in six years
The value of UK retail properties fell by 0.8% in June, the biggest monthly fall since May 2012. According to figures released by real estate company CBRE, in June UK high street shops’ capital values dropped by 1.3% while shopping centres saw a decrease of 1.1%. CBRE’s Monthly UK Index…
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4 JulyClothing & Shoes
Calvetron Brands to close remaining concessions
The administrators of Calvetron Brands, parent company of Jacques Vert and Precis, has served notice on the remaining concessions in the UK, Republic of Ireland and Canada. Benjamin Wiles, Trevor Birch and Philip Duffy of Duff & Phelps, were appointed joint administrators in May and the company made the decision…
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Jun- 2018 -18 JuneClothing & Shoes
Calvetron Brands to shut 102 Jacques Vert and Precis concessions
Benjamin Wiles, Trevor Birch and Philip Duffy of Duff & Phelps, joint administrators to Calvetron Brands, have announced they are serving notice on 102 Jacques Vert and Precis concessions in the UK and Republic of Ireland. These closures and those announced previously, including Dash and Eastex closures made on 4…
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