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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.


UK: House of Fraser ends sale talks just-style.com | 17 Mar 06

Department store chain House of Fraser said early talks over a potential sale of the company have stopped.


UK: House of Fraser in takeover talks with Apax just-style.com | 27 Feb 06

Department store chain House of Fraser is in very preliminary takeover talks after being approached by private equity firm Apax Partners, a House of Fraser spokesperson confirmed to just-style.


UK: House of Fraser sales pick up over Christmas just-style.com | 12 Jan 06

Department store chain House of Fraser has enjoyed a 34.2% net sales rise for the 6-week period ended 7 January, driven by the acquisitions of Jenners and Beatties and new store openings.


Space planning key to better retail profit just-style.com | 9 Jan 06

Space planning isn’t a new concept, but its applications, as well as benefits to apparel companies, are continuing to evolve says Stacy Baker.


UK: London Retailer Stops Sale Of Fur Goods just-style.com | 22 Jul 05

Upmarket department store Liberty has announced the banning of fur items from its store following mounting pressure from animal rights campaigners.


UK: Debenhams Plans Expansion To India just-style.com | 4 Jul 05

Department store operator Debenhams is planning to grow its business into India, and is also considering expanding into the Chinese market.


UK: Competition Increases For Beatties Chain just-style.com | 4 Jul 05

Department store chain James Beattie has confirmed that it has received a second bid approach for its business, following its agreement to be bought by competitor House of Fraser for £69.4 million.

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