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Jaeger executive chairman departs Tuesday, 19th March 2013
Stewart Binnie, executive chairman at high-end fashion brand Jaeger has left after less than a year in the role, according to a report by Retail Week on Tuesday. Having taken up the position of executive chairman back in October last year, Binnie replaced Harold Tillman at the head of the premium fashion chain.
Aurora to overhaul business as Coast, Oasis and Warehouse focus on online Wednesday, 6th March 2013
Aurora Fashions, the current parent company of Coast, Oasis and Warehouse, is said to be in the process of realigning its entire company as it looks to capitalise on the shift to online retail. According to a report by the Independent, the changes Aurora makes throughout its business model will make it easier for Kaupthing, its biggest shareholder, to sell the group's womenwear brands later on.
Aurora considers spinning off Coast brand Tuesday, 19th February 2013
Aurora Fashions is believed to be considering making its Coast brand an independent company as it looks to secure the long-term prospects of its formal womenswear label. If the move went ahead, Coast would follow in the footsteps of its former sister brand Karen Millen, which was made an independent entity in 2011.
Christmas 2011 Trading Updates Thursday, 5th January 2012
There’s no need to go hunting for all those crucial figures over the first few weeks of January: we’ll be collating all My-Retail Media coverage on the Christmas Trading Updates right here. Check back daily to see who’s released figures, or add @myretailmedia, where we’ll be tweeting the latest updates to hit our blog.
Aurora rolls out 90 minute delivery across UK Monday, 1st August 2011
From tomorrow lunchtime impulse buys made at the office desk could beat customers on their journey home.
Karen Millen, Oasis, Coast and Warehouse owner Aurora Fashions has teamed up with same-day delivery service Shutl to offer its 90 minute delivery service across the UK.
Shopaholics in Manchester, Leeds, Glasgow and Edinburgh will be first to trial the service, which until now was only available to customers within the M25. Customers can chose a one hour delivery window, either on the day they order or on a chosen day.
Shutl founder Tom Allason today told press the delivery service plans to each around 25 per cent of online shoppers in the UK with tomorrow’s expansion:
“Assuming everything goes to plan, we expect to launch across a further five cities in the coming weeks. Our goal is to have sufficient coverage by November to give high-street retailers a significant competitive edge over Amazon and the other pure-play etailers this Christmas.”
Debenhams tables bid for stock & brand of Jane Norman Thursday, 23rd June 2011
Debenhams yesterday tabled a bid to acquire the stock and brand of fashion retailer Jane Norman as the latter prepares for a hefty 'quarter day' rent payment tomorrow.
The leading British department store wants to keep the Jane Norman concessions but has no known interest in the 91 high-street stores. It is also believed that Debenhams has offered to buy some of the stock in Jane Norman's standalone stores.
PricewaterhouseCoopers have been hired to assist in the completion of the deal. Aurora Fashions, owner of Oasis and Warehouse, is also thought to be interested in the troubled women's fashion retailer. It is understood that a small number of retail restructuring firms are also keeping a keen eye on the brand.