Report fuels tax protests against HSBC December 19, 2010 THE campaign group UK Uncut has chosen its latest target, HSBC, as a result of suggestions from a former tax inspector that the banking giant is negotiating with the Inland Revenue to withhold around £2bn in tax. The protest group yesterday said the bank is “next in line” for a fresh wave of protests, after [...]
Cadbury asks for police advice over protesters December 7, 2010 CADBURY owner Kraft has asked for police advice to protect its factories from protesters after City A.M. revealed it may be targeted for moving parts of its business offshore. Kraft says parts of Cadbury will still be registered in the UK but that the ownership of most of the firm would move into line with [...]
Cadbury may be next target for protesters December 5, 2010 CADBURY could be the next firm to be hit by organised groups of protesters after it relocated part of its operations to Switzerland for tax reasons. The move comes as Topshop boss Sir Philip Green was left counting the cost of closing his flagship Oxford Street store on Saturday afternoon after a protest over his [...]
Tax protestors target Topshop November 29, 2010 Topshop owner and government efficiency adviser Sir Philip Green has been named as a target by anti-tax avoidance protesters. Activists linked to UK Uncut have scheduled protests at Topshop branches in Birmingham and Manchester this Saturday, with more expected to follow in the run-up to Christmas, while a group protesting against education cuts and tax [...]
Arcadia looks overseas to grow profit November 18, 2010 ARCADIA, the owner of retail chains including Topshop and BHS, is planning further international expansion after posting a 6.4 per cent rise in pre-tax profit to £213.2m for the year to the end of August yesterday. Arcadia Group’s operating profits increased 10.4 per cent to £279.6m in the year, on sales up 40 per cent [...]
Sir Philip will shut up to 300 retail stores November 7, 2010 GOVERNMENT adviser Sir Philip Green will close up to 300 of his retail stores within the next three years. Smaller stores in his empire, most likely from brands including Burtons and Dorothy Perkins, are expected to close. Some of these may be consolidated as Green focuses on growing Topshop, his core brand. It is speculated [...]
MOSS DEBUTS FINAL TOPSHOP COLLECTION November 1, 2010 Supermodel Kate Moss celebrated the launch of her final seasonal collection for British retail chain Topshop (owned by Philip Green, left) last night with a party at its flagship London store at Oxford Circus. The final collection includes “Biba-esque” floral printed day dresses, shift dresses with cross stitch panels, a pair of midnight blue velvet [...]
Stuart Rose cheers One New Change October 28, 2010 CITY shopping centre One New Change attracted thousands of workers from across the Square Mile when it opened for trading yesterday. Outgoing Marks & Spencer chairman Sir Stuart Rose officially opened the mall, which is home to 60 shops and restaurants on Cheapside opposite St Paul’s Cathedral. Topshop owner Sir Philip Green and representatives of [...]
FASHION NEWS IN BRIEF October 28, 2010 WOMEN’S FAVOURITE SPANX NOW FOR MEN Spanx, the undergarments with a cult following among women keen to have their wobbly bits held in place, has just released a range of the hold-in pants for men. The male undergarments have been designed to help men “firm and flatten”’ and quash “beer bellies”. Selfridges has reported waiting [...]
Finally, the City gets the retail hub it deserves October 27, 2010 DEVELOPMENT DIRECTOR AT LAND SECURITIES AFTER years in the making, I am very excited to introduce One New Change, the City of London’s newest and largest retail experience, as it opens at midday today. Boasting 60 stores over three floors, One New Change offers something for everyone. Some of the UK’s most loved brands, including [...]