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UK: Green To Hold Safeway Talks With OFT | 28 Jan 03

Fashion tycoon Philip Green on Tuesday confirmed he has requested talks with the Office of Fair Trading for clearance for a multi-billion pound cash offer for leading supermarket chain Safeway.

UK: Green To Make £3.2bn Safeway Bid? | 27 Jan 03

Billionaire retail entrepreneur Philip Green was on Sunday reported to be close to submitting a £3.2 billion cash offer for leading UK supermarket chain Safeway. The Sunday Telegraph reported the Monaco-based owner of Bhs and Arcadia will hold talks with Office of Fair Trading officials this week and could make his move for the food giant next week.

Red-hot sales lift UK lingerie industry | 22 Jan 03

Women’s hosiery, corsetry and lingerie sales climbed seven per cent in 2001 to £1.8 billion as shoppers bought garments ranging from knickers and bras to camisoles and thongs in record numbers. But it’s not just the large traditional players such as M&S and Bhs which enjoyed that growth as they were joined by upscale brands like Agent Provcateur and La Perla. However, while retail sales have soared, manufacturing sales have plunged as the switch to offshore production gathers pace, as a new market study by industry analysts Key Note reveals.

UK: Fashion Tycoon Green Mulls Safeway Bid | 20 Jan 03

Billionaire retail entrepreneur Philip Green on Monday confirmed he is considering making a bid for leading UK supermarket chain Safeway. The owner of the huge Arcadia and Bhs fashion group said he may make a cash offer for the food retailer which has also attracted the interest of four other parties in the past couple of weeks.

UK: Green Happy With Xmas Sales At Bhs, Arcadia | 17 Jan 03

Billionaire retail entrepreneur Philip Green on Thursday reported sales growth at both his Bhs and Arcadia fashion groups over the key Christmas trading period. Mr Green said same-store sales in the seven weeks to January 11 rose 1.3 per cent at Bhs and 2.4 per cent at Arcadia.

Just the ticket: trends in labels and tags | 13 Jan 03

Label and tag companies have morphed into full service merchandise identification businesses with apparel systems that help manufacturers and retailers create a unique selling point for their products. Trends towards tagless garments, the need for product differentiation, and improvements in garment sourcing are some of the latest challenges facing today’s suppliers.

UK: Allders Accepts £132m Takeover Bid | 19 Dec 02

Troubled department store group Allders on Thursday said it asking shareholders to approve a £132 million takeover bid from property group Minerva and former Bhs and Debenhams chief Terry Green. Minerva holds a 26 per cent stake in the country's fourth largest department store chain and last month offered a 160p a share for the operator of 44 stores.

UK: Terry Green To Join Minerva's Allders Bid? | 3 Dec 02

Former Bhs and Debenhams chief Terry Green has teamed up with property group Minerva and Lehman Brothers in a bid to buy troubled department store chain Allders, media reports claimed on Tuesday. According to reports in the UK press, Green has been asked to invest in the bidding group and is the man seen as most likely to take charge of the 44-store group if a rumoured £125 million formal pre-Christmas bid is successful

UK: Sherwood Group Names Carol Duncomb MD | 16 Oct 02

Lace, lingerie and swimwear producer Sherwood Group has announced the appointment of Carol Duncumb as managing director.

Green with envy | 9 Oct 02

Billionaire entrepreneur Philip Green (pictured right) is frequently called the man with the Midas touch having turned around ailing retail giant Bhs in just a couple of years and raking in a huge fortune in the process. His £850 million bid for major UK fashion group Arcadia was accepted last month in a move that will give Green control of major brands including TopMan, Miss Selfridge and Dorothy Perkins. Richard Ewing takes a look at the deal.

UK: Sherwood Police Probe Continues | 26 Sep 02

Lace, lingerie and swimwear producer Sherwood Group on Wednesday said it was "business as usual" despite the sacking of CEO Mike Basford and a police investigation. Sherwood, which supplies high street firms including Asda, Debenhams and Bhs, has handed non-executive chairman Noel Jervis control of its executive responsibilities until a new chief executive is appointed.

UK: Arcadia Accepts Green's £770m Offer | 6 Sep 02

Clothing retail giant Arcadia on Friday said it has accepted billionaire entrepreneur Philip Green’s £770 million bid for the business.

UK: Green Ups Arcadia Bid To £850 Million | 29 Aug 02

Billionaire retail entrepreneur Philip Green on Thursday launched an £850 million bid for  the Arcadia group, owner of leading high street chains including Top Shop, Wallis and Miss Selfridge. The Bhs chief's offer of 408p a share eclipses his first £690m, or 365p a share, bid earlier this month which Arcadia rejected as too little. His latest offer sent the group's shares soaring to more than 10 per cent to 390p in early trade today.

UK: Mothercare On Verge Of Naming New CEO - Paper | 28 Aug 02

Troubled maternity wear and baby apparel chain Mothercare Plc will name its new chief executive before the end of next month, it was reported on Wednesday.

UK: Mothercare CEO Leaves, Takeover Speculation | 16 Jul 02

The sudden departure of Mothercare Plc's CEO Chris Martin, coupled with its fourth profit warning in a year, have led to speculation that the mother-and-baby store group could soon be the target of a takeover bid.  Mothercare said same-store sales fell 3.1 per cent in the 14 weeks to 12 July as mothers headed instead to Wal-Mart's Asda, GAP and Next.

UK: Peacock Confirms Interest In Littlewoods Stores | 27 Jun 02

Discount clothing retailer Peacock Group Plc has confirmed its interest in the 120 clothing shops owned by Littlewoods, but cautions: "No information has been provided by Littlewoods, and as a consequence, Peacocks' interest is highly indicative at this stage."

UK: Bhs Profit Hits £100m On Soaring Womenswear | 22 May 02

British high street giant Bhs on Wednesday revealed it almost tripled its full-year profits to £100.2 million thanks to strong women's wear sales and announced the departure of chief executive Terry Green The group said operating profits soared from £33.2m with sales up seven per cent to £851.3m and with like-for-like turnover up 5.4 per cent. That has also climbed 5.7 per cent over the first seven weeks of its new fiscal year.

UK: Bhs Chief To Quit, Bids For Rubicon - Paper | 20 May 02

The chief executive of Bhs, Terry Green, has approached Rubicon, the group of retail chains being spun off by Arcadia Group PLC, it was reported on Sunday. According to the Sunday Times, Green will leave Bhs in the next few weeks and is currently in talks to buy Rubicon - which includes the Warehouse and Principles brands - for £60 million.

UK: Retailer Sees Branding As Key To Success | 27 Mar 02

Consumer obsession with brands will continue to differentiate the successful from the merely good retailers, while strenuous efforts must be made to keep retailers involved in urban regeneration matters according to a leading retailer.

Ocean-made apparel | 4 Mar 02

Floreal is the largest and oldest established knitwear company in the East Indian Ocean region. Niki Tait visits the company to find out more about is products and how the business is continuing to go from strength to strength.

UK: Bhs On Target To Eclipse £60 Million Pre-Tax Profit Goal | 8 Nov 01

Leading British high street department store chain Bhs is on target for profits of up to £100 million following its purchase by entrepreneur Phillip Green last year. When Green bought the chain from Terence Conran's Storehouse Group for £219m 18 months ago it was reporting losses of £16m. However, its rapid recovery could now lead to a stock market flotation, with Bhs being valued at up to £1 billion.

UK: Philip Green Takes Stake In Whistles Fashion Chain | 5 Nov 01

Richard and Lucille Lewin, founders of upmarket women's fashion chain Whistles, are to sell their remaining 50 per cent stake in the business to a team that includes retail entrepreneur Philip Green says a report in the Sunday Telegraph .

UK: Mothercare And Bhs Settle IT Dispute | 15 Oct 01

Leading baby clothes retail chain Mothercare has announced it has reached an agreement with high street retailer Bhs over an IT contract worth £3.7 million. The two retailers, which were once part of the same company, Storehouse, have agreed to settle a claim lodged by entrepreneur Philip Green who took the IT contract with him when be purchased Bhs for around £200m two years ago.

LEBANON: UK Fashion Chain Sets Sights On Beirut | 4 Sep 01

Clothing chain Bhs is one of the first in a line of high street fashion stores looking to war-torn Beirut as a new untapped market. The company is planning to establish new shops in the Middle Eastern countries of Beirut and Egypt, to top up the £40million worth of sales that already come in from countries such as Saudi Arabia and Bahrain.

M&S sizes up male customers | 27 Jul 01

Marks & Spencer, Britain's biggest men's clothing retailer, has just completed the largest ever men's size survey. The company hopes to use the results to win back disgruntled customers, and clothing ranges are now being redesigned to take account of men's changing figures. But what effect will the new men's sizing policy have on the bottom line? After all, a similar initiative failed to halt the decline in sales of women's wear. And how does it complement the government-backed Size UK initiative? John Arlidge finds out.

Sourcing from Sri Lanka | 17 Jul 01

Sri Lanka's newly acquired quota-free access to the EU makes it an exciting sourcing destination for apparel buyers. Next, British Home Stores and Tesco Stores are expected to significantly increase the amount of business they do with the country, and Marks & Spencer alone is likely to triple its local sourcing over the next two to three years. Niki Tait presents an overview of what else Sri Lanka has to offer the apparel export industry.

UK: Bhs Targets Family, Ups Womenswear | 9 Jul 01

Bhs is targeting the family rather than classic customers, Drapers Record reported. The retailer is also increasing its womenswear offer as sales continue to achieve double figure comp growth on last year. Apparel makes up 75 per cent of Bhs's current offer and womenswear only accoun

UK: National Sizing Survey Measures Up | 27 Jun 01

A new initiative to size up the British population was launched in London yesterday with full backing from the government, major high street and home shopping retailers, and some of the country's leading academic institutions. The National Sizing Survey is the first attempt since the 1950s to collect measurement data from 10,000 volunteers - and makes use of 3D body scanners created by [TC]² in the US, and foot scanners provided by the UK's Shoemaster, to compile detailed information about body shapes as well as size. It is also the first time that men have been involved in such an ambitious project.

UK: Peacock Shakes Up Merchandising | 1 Jun 01

Peacock Group PLC, the UK-based discount clothing and homewares retailer, instigated a radical shake-up of its merchandising operation to avoid a repeat of last year's overbuying which led to a January profit warning, said chief executive Richard Kirk. Speaking in an interview with AFX News following the release of full year results, Kirk said the company recruited David Pigeon from Matalan to be its new head of merchandising and appointed a further eight senior and middle managers to the function.

UK: BHS Doubles Profits, Float Rumoured | 29 May 01

BHS, the retail chain bought by Philip Green a year ago, has more than doubled profits in its first year in private ownership. Profits rose to £31.5m in the year to March, up from £12.5m in the previous year. Green believes that BHS should be making profits of about £90m within two years. Analysts say BHS will almost certainly be sold or floated if it reaches these targets.






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