Sunday, February 25, 2018
markus Jooste

Steinhoff secures fresh round of funds to stay afloat

Steinhoff has given its creditors some hope after securing enough money to keep the businesses running in the immediate term.
Richard Heis

Poundland attracts potential buyers while considering management buyout

Poundland has attracted a raft of potential buyers who are keeping a close eye on the discount retailer.

Steinhoff calls for €200m to stay afloat

Steinhoff has begun talks with lenders seeking to acquire €200 million in “interim liquidity support”.

Primark enjoys “record Christmas” beating expectations

Budget fashion retailer Primark has celebrated record Christmas sales thanks to over 300,000sq ft of added retail space.
The Works Christmas

The Works hails record Christmas sales for 7th year running

Budget retailer The Works has revealed record-breaking Christmas sales for the seventh consecutive year.

Pep&Co to double UK presence with new Poundland deal

Poundland has revealed plans to roll out over more 150 store-in-stores with budget fashion chain and Steinhoff stablemate Pep&Co.
Matalan Christmas

Matalan enjoys growth over Christmas and third quarter

Matalan has enjoyed growth in both operating profit and full-price sales during its third quarter and Christmas trading period.
B&M Christmas

B&M posts 22% surge in Christmas sales

Discount retailer B&M has revealed a sharp rise in third quarter sales, boosted by record Christmas trading.

Steinhoff’s CFO steps down as investigation deepens

Another key Steinhoff figure has stepped down spelling further trouble for the embattled retailer, as the scandal develops.

Poundstretcher slapped with £1m fine for health & safety breaches

Poundstretcher has been handed a £1 million fine for breaches to health and safety legislation at three of its stores.

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Essential reading for fashion marketers Your existing customers are your greatest asset. Their loyalty to your brand can help drive new customer acquisition. Find out how...