Duff & Phelps news and archive

Map: End of an BHS era as final 22 stores shut

Sunday marks the end of an era - at least for department store group British Home Stores (BHS), as its last remaining stores are expected to close their doors for good by then. Stores from Swansea to St Albans will shut their shutters for good, bringing an end to the 88 year older retailer, which was once seen as a staple part of any high...

Business |UPDATE

Sports Direct Mike Ashley outbid for BHS

Mike Ashley, owner of the UK's largest sporting goods chain, Sports Direct, is said to have been outbid in the race for collapsed high street retailer BHS. The billionaire is understood to have out in a "low-ball" offer for BHS, which was surpassed by rivals which include Philip Day, boss of the Edinburgh Woollen Mill and John Hargreaves,...

Business |UPDATE

Matalan founder, John Hargreaves, linked to BHS rescue bid

The bidding war for BHS continues on as Yousuf Bhailok, property millionaire, has exited the bidding battle to take over collapsed high street chain BHS, clearing the way for John Hargreaves, founder of Matalan, to make his ‘mystery bid’ for the retailer. Hargreaves, who left school to found the discount retailer Matalan in 1985, is understood...

Design

Barratts launches its online comeback

UK footwear retailer Barratts has launched its new website, which is part of the new business by created footwear veteran Harvey Jacobson and Michael Ziff, alongside with former buying and merchandising director of Barratts, Simon Robson. The relaunched website offers a sleek design, featuring a homepage offering Barratts 'must-have-shoes' and...

Design

Harvey Jacobson purchases Barratts intellectual property rights

The company who recently stepped in and purchases Barratts intellectual property rights, including the Priceless and Barratts footwear brands and website, has been revealed. Harvey Jacobson, footwear entrepreneur and chairman of the Jacobson Group, has been named as one of the backers to have acquired the intellectual property of Barratts....

Fashion

Barratts enters administration

High street footwear retailer Barratts has gone into administration, blaming “difficult trading conditions” and has put more than a 1,000 jobs at risk. It is the third time in four years that the footwear chain has been placed into administration, and the retailer has appointed Duff & Phelps as administrator, who are currently reviewing the shoe...

Fashion

Allders of Croydon to close after 150 years

One of London’s biggest department store’s historic Allders of Croydon has announced that it is likely to close its doors for the last time on September 22. The 150-year-old store, which is part-owned by Harold Tillman, fell into administration in June and the closure will likely result in the loss of hundreds of jobs after failing to find a...

Design

Allders of Croydon goes into administration

One of London’s biggest department store’s historic Allders of Croydon has announced that it has gone into administration, putting more than 300 jobs at risk. The department store, which is part-owned by Harold Tillman, has appointment Duff & Phelps as administrators to the 500,000 sq ft store after a week of crisis talks failed to save the...