Chtw Softbank to lay off 15 per cent of staff at Vision Fund arm
Wednesday 06 November 2024 1:27 pm|Updated:Wednesday 06 November 2024 1:28 pmMike Ashleyrsquo Frasers Group warns Boohoo over break-up plansBy: Jon RobinsonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailMike A polene espana shleyrsquo Frasers Group owns 27 per cent of Boohoo.Mike Ashley brumate cooler rsquo Frasers Group has handed Boohoo a list of demands after its campaign to install the retail tycoon as the new CEO of the fast-fashion giant failed last week.The owner of Sports Direct and House of Fraser had sought to get Mike Ashley installed as the new chief executive of Manchester-headquartered Boohoo, in which Frasers Group owns 27 per cent.However, Boohoo defied the move and instead tapped the CEO of Debenhams, which it has owned since buying the brand out of administration.Now in an open letter, Frasers Group has called on Boohoorsquo board to confirm that it would not make any disposals without shareholders approving the move and without confirmation from an independent global adviser or investment bank.The demand also comes amid talk of Boohoo preparing to break itself up as it works on a turnaround plan.lsquo;Boohoo and its shareholders deserve betterrsquo;In the letter, the retail tycoonrsquo group said: Frasers Group plc writes brumate cup to you today to again ask the board to stop, once and for all, its utter disregard for shareholder views. Boohoo and its shareholders deserve better.We continue to believ Tukt Why rising longevity threatens to kill off the traditional City of London pay pyramid
Monday 26 December 2016 2:32 pmBoxing Day footfall slump points to domination of the online retailersBy: Jasper JollyShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailBoxing Day high street retail sales have fallen sharply year on year as UK shoppers stay at home and push online sales to record heights, according to early data.Half day footfall fell by six stanley cup per cent compared to Boxing Day last year, according to data from retail monit stanley isolierkanne ors Springboard.A decline of 16.6 per cent in shopping centres around the UK was the main driver for the drop, while online shopping saw a rise of 11.5 per cent.Read more: Retail sales continue on upwards trend ahead of Christmas shopping seasonDiane Wehrle, a director at Springboard, says: The continued growth in online transactions is very much in line with the trends we have been recording over the past few years and the impact across retail destinations is intrinsically linked.Meanwhile online shoppers are set to spend pound;984m on Boxing Day, b stanley thermobecher eating Christmas Day sales of pound;805m, according to search data firm Captify.He said: More and more consumers are now buying bargains thanks to their smartphones as over half of online sales were made through mobile devices last year for the first time. Boxing Day, due to its huge popularity amongst consumers, will help accelerate this trend further. The steep fall in bricks-and-mortar trading mirrors a year-on-
Wednesday 06 November 2024 1:27 pm|Updated:Wednesday 06 November 2024 1:28 pmMike Ashleyrsquo Frasers Group warns Boohoo over break-up plansBy: Jon RobinsonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailMike A polene espana shleyrsquo Frasers Group owns 27 per cent of Boohoo.Mike Ashley brumate cooler rsquo Frasers Group has handed Boohoo a list of demands after its campaign to install the retail tycoon as the new CEO of the fast-fashion giant failed last week.The owner of Sports Direct and House of Fraser had sought to get Mike Ashley installed as the new chief executive of Manchester-headquartered Boohoo, in which Frasers Group owns 27 per cent.However, Boohoo defied the move and instead tapped the CEO of Debenhams, which it has owned since buying the brand out of administration.Now in an open letter, Frasers Group has called on Boohoorsquo board to confirm that it would not make any disposals without shareholders approving the move and without confirmation from an independent global adviser or investment bank.The demand also comes amid talk of Boohoo preparing to break itself up as it works on a turnaround plan.lsquo;Boohoo and its shareholders deserve betterrsquo;In the letter, the retail tycoonrsquo group said: Frasers Group plc writes brumate cup to you today to again ask the board to stop, once and for all, its utter disregard for shareholder views. Boohoo and its shareholders deserve better.We continue to believ Tukt Why rising longevity threatens to kill off the traditional City of London pay pyramid
Monday 26 December 2016 2:32 pmBoxing Day footfall slump points to domination of the online retailersBy: Jasper JollyShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailBoxing Day high street retail sales have fallen sharply year on year as UK shoppers stay at home and push online sales to record heights, according to early data.Half day footfall fell by six stanley cup per cent compared to Boxing Day last year, according to data from retail monit stanley isolierkanne ors Springboard.A decline of 16.6 per cent in shopping centres around the UK was the main driver for the drop, while online shopping saw a rise of 11.5 per cent.Read more: Retail sales continue on upwards trend ahead of Christmas shopping seasonDiane Wehrle, a director at Springboard, says: The continued growth in online transactions is very much in line with the trends we have been recording over the past few years and the impact across retail destinations is intrinsically linked.Meanwhile online shoppers are set to spend pound;984m on Boxing Day, b stanley thermobecher eating Christmas Day sales of pound;805m, according to search data firm Captify.He said: More and more consumers are now buying bargains thanks to their smartphones as over half of online sales were made through mobile devices last year for the first time. Boxing Day, due to its huge popularity amongst consumers, will help accelerate this trend further. The steep fall in bricks-and-mortar trading mirrors a year-on-