Retail guru Davies to revive high street with GIVe stores September 13, 2009 RETAIL veteran George Davies is set to open the doors to his new stand alone shopping venture, GIVe, this Autumn. Davies, the founder of high street fashion store Next, Marks and Spencer’s womenswear range Per Una and Asda’s George clothing line has ploughed £20m of his own money into the chain. The much-hyped launch comes [...]
Uncertainty over dividend payments could see defensive shares back on top May 25, 2009 MARKS & Spencer was hit by shareholder anger last week after it confirmed a widely flagged decision to slash its dividend payout to shareholders by one third. It saw its shares dive to the bottom of the FTSE 100, wiping 8 per cent off the share price in just one day. The price has continued [...]
Uncertainty over dividend payments could see defensive shares back on top May 25, 2009 MARKS & Spencer was hit by shareholder anger last week after it confirmed a widely flagged decision to slash its dividend payout to shareholders by one third. It saw its shares dive to the bottom of the FTSE 100, wiping 8 per cent off the share price in just one day. The price has continued [...]
CHARLES DUNSTONE GETS HITCHED IN GLITZY STAR-STUDDED STYLE October 11, 2009 THE BELLS rang out at the weekend for the business wedding of the year, the nuptials of Carphone Warehouse tycoon Charles Dunstone and PR executive Celia Gordon Shute. After the service at Christ Church in Spitalfields, the throng of moneyed guests hopped into black cabs to travel to everybody’s favourite bit of a wedding, the [...]
The property boss who can see the light at the end of the tunnel July 5, 2009 The airy offices of Knight Frank chairman Nick Thomlinson are as good a place as any to survey the wreckage of the property market over the last two years. So it can only be good news that the head of the UK’s largest privately-owned property business shows no sign of panic as he holds court [...]
The property boss who can see the light at the end of the tunnel July 5, 2009 The airy offices of Knight Frank chairman Nick Thomlinson are as good a place as any to survey the wreckage of the property market over the last two years. So it can only be good news that the head of the UK’s largest privately-owned property business shows no sign of panic as he holds court [...]
KKR could yet pull off huge Boots coup May 18, 2009 TOGETHER with Guy Hands’ purchase of EMI, the creation and buy-out of Alliance Boots, the pharmacy-led health and beauty group, was one of the symbolic deals of the boom years. The firm was created when Alliance UniChem merged with Boots in 2006, before becoming the first FTSE 100 member to be taken private by a [...]
HENDERSON GROUP TO RID ITSELF OF ITS FALLEN NEW STAR’S LEGACY November 2, 2009 AS FUND management veteran John Duffield gets busy with his new venture, Brompton Asset Management over in Knightsbridge, having completed FSA registration for the name last week, it looks like those lording it over his old employees are preparing to eradicate his legacy for good. Duffield’s second venture, New Star, was taken over by asset [...]
BLANK’S CHELSEA APPEARANCE SETS CITY TONGUES WAGGING ON HIS HEIR May 18, 2009 ANY idea that the downturn would affect corporate hospitality at the Chelsea Flower Show, traditionally one of the biggest, most important corporate schmooze-fests of the year, was smashed to smithereens at last night’s gala preview opening. Chelsea veterans including Marks & Spencer boss Sir Stuart Rose, WPP chief executive Sir Martin Sorrell, ICAP billionaire Michael [...]
BLANK’S CHELSEA APPEARANCE SETS CITY TONGUES WAGGING ON HIS HEIR May 18, 2009 ANY idea that the downturn would affect corporate hospitality at the Chelsea Flower Show, traditionally one of the biggest, most important corporate schmooze-fests of the year, was smashed to smithereens at last night’s gala preview opening. Chelsea veterans including Marks & Spencer boss Sir Stuart Rose, WPP chief executive Sir Martin Sorrell, ICAP billionaire Michael [...]