Shop was interested to discover that after a period of intense speculation, Dean Hoyle, the owner of budget greeting card retail chain, Card Factory, has received a number of bids for the business from private equity groups, which could reap him and the other founders in the region of £400 million.
The interested parties are thought [...]
Card Factory sale imminent for £400 million price tag
All Saints in danger of losing its cool in Portobello
Once the dress shop of choice for funky girls with a punky edge, fashion chain store All Saints is in danger of losing its cool cult credentials with the news that a swathe of unique - now irreplacable - Notting Hill antique market stores have been razed to make way for the retailer’s latest branch. [...]
Donald Kaufman toy collection up for auction at Bertoia
The third instalment of auction house Bertoia’s sale of the famous Donald Kaufman Collection of vintage toys is due to take place across April 16 and 17 2010 at Bertoia’s gallery in Vineland, NJ in America.
Part II of the series took place last September, fetching $7.2 million dollars from serious collectors of American, European and [...]
Poundland founder plots launch of the Hub variety store chain
Shop was intrigued to read on Market Insight that Dave Dodd, who co-founded Poundland, is plotting to develop a variety chain by the name of Hub. Despite Dodd’s protestations to the contrary, the business proposal looks set to plug some of the remaining gaps on the high street (and in shopping centres) left by Woolworths. [...]
Cath Kidston may be considering £100 mn sale of business
The mistress of floral-themed shabby chic lifestyle products, Cath Kidston, is thought to be considering a sale of her retail business to American buyout company, TA Associates, which would reap her in the region of £100 million.
Kidston founded her business in 1993 in London’s Holland Park, specialising in vintage fabrics, wallpapers and reclaimed furniture, soon achieving cult [...]
Sofa giant DFS on brink of £500 mn sale
An article in today’s issue of The Independent newspaper reports that sofa retail giant, DFS, is on the verge of being sold for more than £500 million within a fortnight.
First in line to acquire the group from founder and owner Lord Kirkham are private equity firms Cinven, Permira and Advent International.
The retailer, which now has [...]
Platinum shines at the Academy Awards
As the world’s leading ladies dazzled the crowds at last night’s Academy Awards, understated – but effortlessly stylish – platinum jewellery sparkled on the red carpet.
Best Actress Award winner Sandra Bullock wore platinum and diamond earrings and a platinum and diamond bracelet by Neil Lane.
She might be renowned for advertising Dior’s gold-dipped J’Adore, but Charlize [...]
Ivanka Trump expands her gold jewellery collection
Billionaire’s baby Ivanka Trump has just been showing off new additions to her gold jewellery collection. The launch party, attended by jewellery retailers and fashion editors, took place in New York on March 1 and featured a sneak preview of Ivanka’s 68 new pieces. The existing collection, developed in conjunction with Dynamic Diamond Corporation, already [...]
Claire’s Accessories is now Alice’s in Wonderland
Claire’s accessories is cashing in on the fabulous-looking new Alice in Wonderland film by opening up a pop-up shop that coincided with the West End premier. Located on Maddox Street, close to London’s Regent Street, the Alice’s shop (an anagram of Claire’s) is selling a range of jewellery and accessories designed specifically for the film. [...]
British Retail Consortium Budget submission
Shop has just been reading the British Retail Consortium’s (BRC) Budget submission, which explains how the Government can help retailers play their part in achieving a sustainable return to economic growth in the UK. This, says t he BRC, will entail:
Reducing employment costs: Nearly three million people work in the retail sector, but retailers’ ability [...]
