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 UNITED KINGDOM FRANCHISE NEWS ARCHIVE
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: : Jul/Aug 2002
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Arcadia chief seeks clarity over Baugur role in bid.
Arcadia, the fashion retailer, said yesterday it would not decide
on the merits of Philip Green's £800m cash bid for the company until
the retail entrepreneur clarified the position of Baugur, the Icelandic
retailer which is Arcadia's biggest shareholder. .... [more]
31 Aug, 2002
Arcadia bid on ice. Philip Green's bid for Arcadia,
the Top Shop to Burton clothing group, has been questioned following
news that one of its biggest shareholders has been investigated by
police. .... [more]
30 Aug, 2002
BHS boss moves in on Top Shop chain. The owner of the
BHS store group, Philip Green, has launched a second takeover bid
for UK fashion retailer Arcadia, the owner of Top Shop, Burton and
Miss Selfridge among others. .... [more]
29 Aug, 2002
M&S revival boosts Lambert Howarth. Marks & Spencer's
revival has fuelled a recovery in profits at footwear and accessories
firm Lambert Howarth. .... [more]
28 Aug, 2002
Arcadia waits for Green to dress up bid. Philip Green,
the Monaco-based retailing entrepreneur, was locked in talks with
his advisers last night about whether to press on with a bid for Arcadia,
the Top Shop-to-Burton high-street chain. .... [more]
28 Aug, 2002
Mothercare chief in the wings. The mother-and-baby retailer
Mothercare has almost completed its search for a new chief executive,
according to newspaper reports. .... [more]
26 Aug, 2002
Arcadia stalker takes a break. Arcadia chief executive
Stuart Rose is being left to sweat this weekend as Bhs billionaire
and would-be buyer Philip Green holidays in the Mediterranean. ....
[more]
25 Aug, 2002
M&S plans clothes that talk. Do you want someone to
tell you if that smart new top you are buying will clash with other
clothes? Or perhaps an alarm to warn you that you are in danger of
ruining a shirt by putting it on the wrong washing machine cycle?
.... [more]
23 Aug, 2002
Green 'must offer more than 400p a share to win Arcadia support'.
Arcadia would reject an improved offer for the business from the retail
entrepreneur Philip Green unless it was more than 400p a share. ....
[more]
23 Aug, 2002
Burger King Seen Serving High-Yield Bonds. World No.2
hamburger chain Burger King is expected to issue a high-yield bond,
including a euro or sterling denominated tranche, following its recent
sale by Diageo Plc, bankers said on Thursday. .... [more]
22 Aug, 2002
Top Shop resists BHS advances. Fashion retailer Arcadia
has rejected an attractive take-over offer from BHS's entrepreneurial
owner Philip Green. .... [more]
18 Aug, 2002
Boss of Ann Summers steps up protest over job ads ban. The
lingerie and sex products chain Ann Summers is stepping up its campaign
to overturn a government decision banning it from advertising staff
vacancies in JobCentres. .... [more]
12 Aug, 2002
Top Franchise Title for Mike. A Derby franchise has
helped its parent firm win a national business accolade. .... [more]
12 Aug, 2002
Information technology 'increasingly important to the franchise
system.' Information technology has become a critical and
integral part of the modern franchise system, a report says. ....
[more]
10 Aug, 2002
Caffe Nero builds up war chest. Caffe Nero, the UK's
largest independent coffee chain, has said it would consider making
acquisitions after a £7m fundraising. .... [more]
9 Aug, 2002
Soundtrack of our lives. In clothes stores, sandwich
bars, gyms and coffee shops we face a constant barrage of background
music - music we notice but rarely listen to. How does it affect us?
Who chooses it, and do they have sinister motives? Alexis Petridis
spends a day with his ears open. .... [more]
9 Aug, 2002
Coffee shop chains to blend resources. A tie-up in the
coffee shop market appears to finally be brewing as Caffe Nero takes
a stake in rival Coffee Republic. .... [more]
6 Aug, 2002
Fading consumer boom will hold back growth, warns retail
group Monsoon. Monsoon, the women's fashion retailer, reported
record profits yesterday but said it was unlikely to match last year's
sales growth as the UK consumer boom starts to fade. .... [more]
30 Jul, 2002
Domino's Pizza Irish ops turn a profit. Domino's Pizza
has reported strong growth in sales and profits in the first six months
of the year and announced that its Irish business is now posting a
monthly profit. .... [more]
24 Jul, 2002
McDonald's in £4m Popstars deal. McDonald's will sponsor
the second series of Popstars this autumn on ITV in the fast food
chain's biggest ever sponsorship deal. .... [more]
24 Jul, 2002
Sale ends M&S's US adventure. Marks & Spencer, Britain's
biggest clothing retailer, has ended its American adventure by selling
its profitable east-coast supermarket chain Kings for $160m (£100m).
.... [more]
23 Jul, 2002
M&S sells Kings for $160m. Marks & Spencer beat a final
retreat from overseas markets yesterday after the high street retailer
sold its US supermarkets chain Kings for $160m (£102m). .... [more]
23 Jul, 2002
Claims Direct founder sues for legal fees. Colin Poole,
who became a millionaire from selling part of his Claims Direct business
before it eventually collapsed, is pursuing the company for £200,000
he says it owed to his law firm, Poole & Co. .... [more]
19 Jul, 2002
M&S supplier axes 300 jobs. Ladieswear company Dewhirst
is set to close its west Wales factory with the loss of 325 jobs,
it has been confirmed. .... [more]
18 Jul, 2002
M&S gives Bridge top marketing role. Marks & Spencer
has handed its top marketing job, and £25m budget, to former advertising
agency executive Jude Bridge until a replacement for its chief marketeer
can be found. .... [more]
16 Jul, 2002
City in dark over probe into Claims Direct boss. The
former chief executive of Claims Direct, the collapsed personal injury
company, was found to have breached rules of the trade body for personal
injury lawyers months before the controversial group floated on the
stock exchange. .... [more]
14 Jul, 2002
Personal injury insurer Claims Direct goes on terminal list.
Claims Direct, the no-win, no-fee personal injury company,
yesterday put itself on the seriously sick list when it announced
it has run out of money and will go into administration. .... [more]
11 Jul, 2002
M&S set for tax rebate jackpot. British retail giant
Marks & Spencer looks set to scoop a multi-million pound tax rebate
after winning a European court battle against Customs and Excise.
.... [more]
11 Jul, 2002
M&S gets new boss. UK retailer Marks & Spencer has promoted
Roger Holmes to chief executive as part of a management reshuffle
designed to put the finishing touches to its recovery. .... [more]
10 Jul, 2002
Claims Direct goes bust. The struggling personal injury
group Claims Direct is to apply for an administration order in the
High Court later on Wednesday after running out of cash. .... [more]
10 Jul, 2002
Holmes to take over as M&S chief. Luc Vandevelde, the
Belgian food retailer credited with saving an ailing Marks & Spencer,
is to stand down as chief executive and become part-time. .... [more]
8 Jul, 2002
M&S chief 'to take part-time role.' The man credited
with restoring the fortunes of Marks & Spencer, Luc Vandevelde, is
to scale back his involvement in the running of the company, according
to press reports. .... [more]
7 Jul, 2002
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