Iceland meltdown
In the money: Iceland bank meltdown attracts Baugur bidders
The well-documented collapse of Iceland's banking system must be making the quiet Nordic nation, stuck out in the North Atlantic…
UK: Banks “supportive” as David Jones joins JJB
Debt-laden retailer JJB Sports claimed today (16 October) that its banks remained “supportive” and revealed that former Next boss David…
UK: Private equity firms join Baugur rescue race
Hopes of retail mogul Sir Philip Green thrashing out a quick-fire deal for a stake in Baugur Group's UK fashion…
UK: JJB ponders asset sell-off as JD rumours surface
Embattled sporting goods retailer JJB Sports says it is considering selling "one or more of its non-core assets and businesses",…
UK: Baugur dismisses administration rumours
Icelandic retail investment company Baugur Group said it has no plans to place its UK business into administration as it…
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UK: House of Fraser distances itself from Baugur issues
The chairman of UK department store chain House of Fraser has stressed its resilience to difficulties facing part-owner Baugur Group after the Icelandic banking…
UK: Baugur quiet about talks with Topshop owner
Icelandic investment firm Baugur Group has called in retail entrepreneur Sir Philip Green for talks about a possible investment in its…
UK: Baugur cools financial fears over fashion chains
Icelandic investment firm Baugur Group has moved to alleviate concerns about its fashion brands in the UK after the collapse…
UK: Baugur says it’s ‘business as usual’ for retail units
Icelandic investment group Baugur has moved to reassure the financial markets after a major shareholder filed for administration earlier this…
UK: Mosaic H1 loss widens on flat sales
Mosaic Fashions is predicting a “very tough time ahead” for fashion retail after revealing a wider first-half loss of GBP12.9m…