House of Fraser heading for IPO Friday, 24th January 2014
House of Fraser is lining up a return to the stock market after negotiations with French counterpart, Galeries Lafayette, fell through, according to the Financial Times. According to industry sources last month, both companies were in talks regarding the sale of House of Fraser to the French company.
Mary Portas' Kinky Knickers firm call in the administrators Saturday, 18th January 2014
The company behind Queen of Shops Mary Portas’ Kinky Knickers lingerie range has called in administrators, according to the Guardian. Headon & Quarmby featured in Portas’ Channel 4 series Mary’s Bottom Line, in which Portas reopens the company’s lingerie factory in a bid to prove that the UK manufacturing industry could be revived.
House of Fraser launches plus size boutique online Tuesday, 7th January 2014
House of Fraser this week announced the launch of a new dedicated plus size online store for its online shoppers.
Next records 12% sales surge in run-up to Christmas Friday, 3rd January 2014
Britain’s second-largest fashion retailer, Next, has described its festive sales as “significantly ahead of expectations” after recording a 12 per cent sales boost. Sales for the period between November 1 and December 24 jumped 12 per cent year-on-year thanks to demand for seasonal jumpers and nightwear.
House of Fraser records best Christmas trading period ever Thursday, 2nd January 2014
A surge in online sales has helped British department stores group, House of Fraser, to its best ever Christmas trading period.
In the three weeks to 28 December, House of Fraser recorded an online sales hike of 57.7 per cent, whilst like-for-like sales excluding VAT also went up by 7.3 per cent for the period.
Like-for-like sales for the first nine weeks of its fourth quarter were up 4.3 per cent, according to the firm.
House of Fraser could list in Q1 as LSE bolstered by new issues Monday, 11th November 2013
House of Fraser could accelerate plans to list on the London stock exchange in time for the first quarter of 2014, as a number of new issues go from strength to strength. By listing early next year, it’s thought the department store could catch the current wave of new issues that saw the successful launch of Royal Mail and Merlin Entertainments.
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