House of Fraser

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UK: Administrators appointed at Elvi just-style.com | 11 Feb 08

Fashion retailer Elvi is the latest UK high street retailer to fall into administration, hot on the heals of Dolcis and Base Menswear.


UK: Management buyout at d2 fashion chain just-style.com | 29 Jan 08

The d2 clothing and footwear chain has been sold to eight members of its management team in a multi-million pound buyout deal.


In the money: Festive trading in the UK just-style.com | 14 Jan 08

The past few weeks have revealed precisely how much respite Christmas spending has granted fashion retailers on the UK high street, with chains including Marks and Spencer and JJB Sports providing trading updates on the festive period.


UK: House of Fraser reports strong Christmas trading just-style.com | 7 Jan 08

UK retail chain House of Fraser indicated in a trading statement that gross profit during the five-week Christmas period is ahead of last year.


UK: Austin Reed to open 60 stores in next two years just-style.com | 1 Nov 07

UK retailer Austin Reed Group has revealed plans to open a further 60 stores in the next two years, with the company doubling its original three-year opening plan.


ICELAND: Baugur considering bid for Saks just-style.com | 31 Oct 07

Icelandic retail group Baugur has indicated it could make an offer for US fashion retailer Saks Inc.


US: Baugur mulling $3bn bid for Saks? just-style.com | 19 Oct 07

Icelandic investor Baugur is thought to be lining up a consortium to make a bid for US department store group Saks Inc – although any offers won’t be considered until after the holiday season say media reports.


US: Baugur snaps up 8% of Saks Fifth Avenue just-style.com | 26 Jul 07

Icelandic investment group Baugur has bought an 8% stake in US department-store giant Saks Fifth Avenue for roughly $243m, according to a Securities and Exchange Commission (SEC) statement obtained by just-style on Wednesday (25 July).


ICELAND: Retail group Baugur rules out Debenhams takeover just-style.com | 20 Jul 07

Icelandic retail group Baugur says it has no intention of raising its investment in UK department store operator Debenhams.


UK: Mulberry FY profit falls 19%, to quicken international expansion just-style.com | 21 Jun 07

Luxury leather goods and clothing brand Mulberry Group Plc today posted an 18.8% drop in full-year profit, but said it was planning to ramp up its international development and marketing spend in the next 12 months.


ICELAND: Baugur Group stalking Debenhams? just-style.com | 15 Jun 07

Icelandic retail group Baugur Group, which already owns House of Fraser and Goldsmiths, has indicated that UK chain Debenhams cannot be ruled out as a takeover target.


UK: Baugur investment firm Unity takes 5% Debenhams stake just-style.com | 13 Jun 07

UK retailer Debenhams has sold a 4.87% stake to Unity Investments and Unity One, an investment vehicle part-owned by Icelandic retail group Baugur.


UK: Mkone to stop sourcing clothes from Burma just-style.com | 21 Mar 07

UK value clothing retailer Mkone has pledged to stop sourcing clothes from Burma after an action group threatened to launch a boycott campaign against it.


UK: Elle owner goes into administration after less than a year just-style.com | 8 Mar 07

Ladies’ fashion retailer L Wear, the company behind the Elle fashion brand, has gone into administration with the loss of around 170 jobs.


UK: David Adams' deal with Monsoon falls through just-style.com | 16 Feb 07

Ex-House of Fraser deputy CEO David Adams will not join the Monsoon chain as previously planned after a deal fell through, revealed Retail Week.


UK: Alexon receives takeover approach just-style.com | 6 Feb 07

Clothing and shoe firm Alexon Group confirmed it has received a buyout approach but did not disclose who the interested party was.


ICELAND: Baugur execs in court over fraud charges just-style.com | 17 Jan 07

Four executives from Icelandic investment firm Baugur are in court over charges of fraud and embezzlement.


UK: House of Fraser rides high after festive success just-style.com | 5 Jan 07

Recently acquired House of Fraser said it enjoyed strong seasonal trading with a 7.3% four-week same-store sales rise and its best Christmas week ever.


UK: John Lewis enjoys record weekly sales just-style.com | 11 Dec 06

Department store chain John Lewis has reported record weekly sales, defeating the generally dismal high-street environment.


UK: Matalan finance director quits just-style.com | 1 Dec 06

Budget chain Matalan said its finance director Phil Button will leave the company’s board on 9 January.


UK: Matalan boss to move to House of Fraser just-style.com | 9 Nov 06

Budget retailer Matalan’s boss has been named chief executive of House of Fraser, the department store group being taken private this month.


UK: House of Fraser reaches buyout deal with Baugur just-style.com | 25 Aug 06

Department store chain House of Fraser has finally sealed a deal to be bought by a consortium led by investor Baugur.


UK: Baugur in "advanced" talks with House of Fraser just-style.com | 23 Aug 06

Icelandic investment company Baugur said it is in "advanced" discussions with department store House of Fraser concerning a potential buyout of the company.


UK: Baugur to bid GBP350m for House of Fraser this week? just-style.com | 14 Aug 06

Icelandic investment group Baugur is lining up a GBP350m (US$661m) bid for department store chain House of Fraser later this week, according to UK press reports.


UK: Mosaic and Rubicon to merge, create fashion giant just-style.com | 23 Jun 06

Retail group Mosaic Fashions is set to merge with Rubicon Retail, creating new growth opportunities for both businesses, a spokesperson told just-style today (23 June).


UK: Growth slows at Tesco – but fashion still a key driver just-style.com | 15 Jun 06

Tesco, the UK’s largest retailer, saw overall sales growth slow in the first quarter, but fashion continues to lead the company’s non-food sales surge.


UK: House of Fraser accepts Baugur bid - report just-style.com | 9 Jun 06

Icelandic investor Baugur Group, which snapped up a 9.5% stake in House of Fraser last month (7 April), has had its GBP1.50 (US$2.76) per share offer accepted by the UK department store group, reported AFX news.


UK: Baugur snatches up House of Fraser stake just-style.com | 7 Apr 06

Icelandic investment group Baugur has taken up a 9.5% stake in UK department store chain House of Fraser.


UK: House of Fraser boosts FY profits just-style.com | 24 Mar 06

Department store retailer House of Fraser has reported a 4.6% growth in yearly profits, and said it enjoyed better-than-predicted trading at the start of its new year


UK: Marks & Spencer wins favourite retailer award just-style.com | 20 Mar 06

High street retailer Marks & Spencer has been named the ‘Consumers’ Favourite Retailer’ for the second consecutive year, beating non-clothing retailers such as HMV, Woolworths and B&Q.

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