Ted Baker has seen its Christmas sales jump despite allegations against its founder and challenges on the high street.
House of Fraser
Britain’s struggling retailers have axed nearly 150,000 jobs this year with experts predicting fresh pain in 2019, research for the Press Association has shown.
Sports Direct boss Mike Ashley has said the company faces “significant challenges” turning House of Fraser around, as profits took a hit from the department store acquisition.
High street tycoon Mike Ashley has called for a new tax on online retailers as part of a radical change he says is needed to save the high street.
Mike Ashley has acquired a new property from Intu amid a public bust-up with the retail landlord, it can be revealed.
Shares in the owner of shopping malls including Manchester’s Trafford Centre have tanked after suitors pulled a £2.8 billion takeover bid.
A £2.8 billion deal to buy shopping centre giant Intu Properties has been scrapped after the consortium of takeover suitors blamed economic uncertainty and market volatility.
Mike Ashley has demanded an audience with MPs as he slammed politicians for their approach to the struggling British high street.
Four more House of Fraser stores are set to close after new owners Sports Direct failed to reach an agreement with the landlord.
The boss of luxury bag maker Mulberry has pleaded for clarity over the future of House of Fraser stores after the retailer’s collapse took a chunk out of its sales and profits.
Takeover target Intu has seen the value of its shopping centres drop following difficult retail conditions.