About Sebastian McCarthy

Reporter covering retail and property. Email stories to seb.mccarthy@cityam.com

June 2019 articles

Philip Green’s retail empire avoids administration as rescue plan is passed
Philip Green’s retail empire avoids administration as rescue plan is passed
SIR PHILIP Green squeezed through a controversial rescue plan this evening as his fashion empire came back from the brink [...]
June 12, 2019
Company Voluntary Anxiety: Retailers’ favoured rescue tool under fire
Company Voluntary Anxiety: Retailers’ favoured rescue tool under fire
SIR PHILIP Green’s fashion group Arcadia and department store chain Debenhams face renewed opposition to their restructuring efforts as the role [...]
June 12, 2019
Landlords pick a fight with the CVA
Landlords pick a fight with the CVA
Is this the week Britain’s retail landlords fight back? After a slew of company voluntary arrangements (CVA) from the likes [...]
June 12, 2019
Sports Direct launches legal challenge to Debenhams restructuring plan
Sports Direct launches legal challenge to Debenhams restructuring plan
Retail tycoon Mike Ashley has launched an audacious legal challenge to stall the turnaround plan at Debenhams, reigniting a bitter [...]
June 11, 2019
City Moves for 11 June – who’s switching jobs?
City Moves for 11 June – who’s switching jobs?
Who’s switching jobs today? Cazoo Cazoo has announced it has appointed Jonathan Howell as its chief technology officer (CTO). Jonathan [...]
June 11, 2019
High street retailers take hit from drop in footfall
High street retailers take hit from drop in footfall
High streets, retail parks and shopping centres all suffered a year-on-year drop in footfall last month, according to new figures [...]
June 10, 2019
Ofcom boss Sharon White chosen as next John Lewis chair
Ofcom boss Sharon White chosen as next John Lewis chair
Ofcom boss Sharon White is set to replace Sir Charlie Mayfield as the next chair of John Lewis, taking on [...]
June 6, 2019
Joules enjoys revenue bump as international market blossoms
Joules enjoys revenue bump as international market blossoms
British lifestyle brand Joules enjoyed a double-digit rise in revenue over the last 12 months, as booming international demand helped [...]
June 6, 2019
Sir Philip Green’s fashion empire hangs by a thread as CVA vote is delayed
Sir Philip Green’s fashion empire hangs by a thread as CVA vote is delayed
SIR PHILIP Green made a dramatic last-minute bid to stall the collapse of his retail empire tonight after postponing a [...]
June 5, 2019
Mike Ashley’s Sports Direct lines up Game takeover
Mike Ashley’s Sports Direct lines up Game takeover
Mike Ashley is set to lodge a bid for Game Digital, as the retail tycoon’s spending spree shows little sign [...]
June 5, 2019