Iceland meltdown
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…