Debenhams Plc
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Debenhams: the Rise and Fall of a British Retail Institution Rupert Neate
Debenhams: the rise and fall of a British retail institution Rupert Neate The Gaurdian.com 1 December 2020 Founded in 1778, Debenhams was one of the largest and most historic department store chains in the world. The business was formed by William Clark as a single high end drapers store at 44 Wigmore Street in London’s West End. It rose to become one of the biggest retailers in the UK with, at one point, more than 200 large stores across 18 countries and exclusive partnerships with some of the world’s best-known designers including Jasper Conran and Julien Macdonald. But on Tuesday, the shutters finally came down as administrators announced the chain would be wound down and all of its remaining 124 stores shut, putting potentially all of its 12,000 employees out of work. The demise of Debenhams comes just a day after Sir Philip Green’s Arcadia Group retail empire collapsed into administration, putting a further 13,000 jobs at risk. In the 1980s and 1990s both retailers had been part of the vast Burton Group, founded by Sir Montague Maurice Burton. Clark’s business remained just the single shop on Wigmore Street until 1813 when he teamed up with Suffolk businessman William Debenham, and expanded into two stores on opposite sides of the street. One was known as Debenham & Clark and the other known as Clark & Debenham. The first store outside London – and an exact replica of the original Wigmore Street shop – was opened in Cheltenham in 1818. “In the ensuing years the firm prospered from the Victorian fashion for family mourning by which widows and other female relatives adhered to a strict code of clothing and etiquette,” the company says on its website. -
Habitat Ltd, Furniture and Household Goods Manufacturer and Retailer: Records, Ca
V&A Archive of Art and Design Habitat Ltd, furniture and household goods manufacturer and retailer: records, ca. 1960 – 2000 1 Table of Contents Introduction and summary description ................................................................ Page 4 Context .......................................................................................................... Page 4 Scope and content ....................................................................................... Page 4 Provenance ................................................................................................... Page 5 Access ......................................................................................................... Page 5 Related material .......................................................................................... Page 5 Detailed catalogue ................................................................................ Page 6 Corporate records .............................................................................................. Page 6 Offer for sale by tender, 1981 ................................................................................................ Page 6 Annual Reports and Accounts, 1965-1986 ............................................................................. Page 6 Marketing and public relations records ............................................................. Page 7 Advertising records, 1966-1996 ............................................................................................ -
Employment Tribunals at a Final Hearing Reserved
Case number: 2602342/2018 Reserved EMPLOYMENT TRIBUNALS BETWEEN: Claimant Respondent And Mr P Kibble Arcadia Group Limited AT A FINAL HEARING Held at: Nottingham On: 16 & 17 December 2019 and in chambers on 13 January 2020 Before: Employment Judge R Clark REPRESENTATION For the Claimant: Mr B Henry of Counsel For the Respondent: Mr S Wyeth of Counsel RESERVED JUDGMENT The judgment of the tribunal is that: - 1. The claim of breach of contract fails and is dismissed. REASONS 1. Introduction 1.1 This is a claim for damages alleging breach of contract. With effect from 9 June 2018, the claimant’s long period of employment with the respondent came to an end by reason of redundancy. He received the statutory redundancy entitlement and notice to which he was entitled under the Employment Rights Act 1996. 1 Case number: 2602342/2018 Reserved 1.2 The claimant’s claim is that those payments did not reflect the enhanced contractual entitlement he enjoyed as a result of two collective agreements made between his employer and his union, the Union of Shop, Distributive and Allied Workers (“USDAW”). The first agreement dates back to 1976 (“the 1976 agreement”). This was subject to a more recent variation in the second agreement signed off in 1996 (“the 1996 agreement”). 1.3 There is no dispute that those agreements applied to the claimant when his employment commenced in 1981 as they still did when the 1996 agreement was reached. There is no dispute that they provide for enhanced severance terms in case of redundancy and, to that extent, quantum is agreed. -
Arcadia Group Ltd
Arcadia Group Ltd Modern Slavery Act – Transparency Statement 2015/16 About this statement We are committed to sourcing our products in an ethical, legal and responsible manner. We do not tolerate forced, bonded or involuntary labour, human trafficking or any forms of slavery and are committed to taking the necessary steps to prevent it within our operations and supply chain. Our Fashion Footprint programme continues to monitor and manage the ethical, social and environmental impacts of our business. Arcadia’s Code of Conduct clearly communicates our minimum expectations to our suppliers, and our Ethical Trading programmes monitor and improve working conditions in the factories that our suppliers use to manufacture goods for us. This statement has been published in accordance with the Modern Slavery Act 2015. It sets out the steps taken by Arcadia Group Limited and its subsidiaries, during their financial year September 2015 – August 2016, to prevent modern slavery in their business operations and supply chains. It has been approved by the Board of Arcadia Group Limited and signed by Ian Grabiner, CEO of Arcadia Group Limited. About Arcadia The Arcadia Group began life in the early 1900s and is now an international business comprising of eight high street brands; Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop, Topman and Wallis. We have 2766 outlets across the globe, consisting of owned stores, concessions and international franchise stores, as well as all our various e-commerce websites. We employ over 24,000 people globally and have three main distribution centres in the UK. We are proud of the improvements to working conditions that our Ethical Trading programme has achieved. -
LEES-ASSOCIATES-BROCHURE.Pdf
LEES ASSOCIATES LEES AARCHITECTURESSO AND CDESIGNIATES ARCHITECTURE AND DESIGN LEES ASSOCIATES ARCHITECTURE AND DESIGN ARCHITECTURE AND DESIGN Lees Associates LLP Lancaster House 38 Southwark Street London SE1 1UN +44 (0)20 7403 1000 leesassociates.com [email protected] @leesassociates RIBA Chartered Practice INTRODUCTION Thank you for taking time to look at our We take pride in our reputation for company brochure, which brings together delivering an optimum product and service, a collection of some of the projects that we irrespective of budget. We specially tailor have had the privilege to be involved with our role and scope for each project to meet over the last thirty-five years. every aspect of the client’s brief, budget and programme. Our clients’ projects are Lees Associates is an RIBA Chartered our projects. Every one, irrespective of size architecture and interior design practice. or value, receives the same high level of We operate in the residential, retail, care and attention from our experienced commercial and hospitality sectors in-house team. throughout London, the UK and internationally. We offer clients a creative, This brochure illustrates and reinforces collaborative, professional and hands-on our credentials as one of London and the approach. UK’s leading premium design and delivery practices. Since the practice’s foundation in 1981 the common thread to a large proportion We offer an initial consultation free of of Lees Associates’ projects has been charge to all prospective clients. If you are their position at the top end of the market. interested in discussing a project or would We regularly work on high-end, premium- like to find out more about us, please quality projects for discerning clients who contact us by telephone or email. -
A Leading Multi-Channel, International Retailer 2011 Highlights
Debenhams Annual Report and Accounts 2011 A leading multi-channel, international retailer 2011 highlights Financial highlights* Gross transaction value £2.7bn +4.5% Revenue £2.2bn +4.2% Headline profit before tax £166.1m +10.0% Basic earnings per share 9.1p +21 . 3% Dividend per share 3.0p *All numbers calculated on 53 week basis Operational highlights • Market share growth in most key categories: women’s casualwear, menswear, childrenswear and premium health & beauty • Strong multi-channel growth; online GTV up 73.8% to £180.4 million1 • Excellent performance from Magasin du Nord: EBITDA up 141.1% to £13.5m2 • Sales in international franchise stores up 16.5% to £77.0m1 • Three new UK stores opened, creating 350 new jobs • Eleven store modernisations undertaken • New ranges including Edition, Diamond by Julien Macdonald and J Jeans for Men by Jasper Conran • “Life Made Fabulous” marketing campaign introduced 1 53 weeks to 3 September 2011 2 53 weeks to 3 September 2011 vs 42 weeks to 28 August 2010 Welcome Overview Overview p2 2 Chairman’s statement 4 Market overview 6 2011 performance Chief Executive’s review New Chief Executive p8 Michael Sharp reviews the past year and sets the Strategic review strategy going forward Strategic review p8 8 Chief Executive’s review 11 Setting a clear strategy for growth 12 Focusing on UK retail 16 Delivering a compelling customer proposition 20 Multi-channel Focusing on UK retail 24 International Improving and widening Finance review p12 the brand in the UK Finance review p28 28 Finance Director’s review -
Annual Report and Accounts 2018Mothercare Plc Annual Report 2018 Annual Report and Accounts
mothercare plc annual report 2018 and accounts 2018 Annual report and accounts Contents Our brands Overview Mothercare 2 At a glance and financial highlights Our aim is to meet the needs of mothers-to-be, babies and children up to pre-school age. Our clothing & Strategic report footwear product includes ranges for babies, pre-school children and maternity wear and has a growing selection 3 Chairman’s statement of branded product. Home & travel includes pushchairs, 4 Business model car seats, furniture, bedding, feeding and bathing 5 Chief executive’s review equipment. Toys is mainly for babies and complements 11 KPIs – measuring our performance our ELC ranges. 12 Enterprise risk management 15 Principal risks and uncertainties STORES 18 Financial review UK – in town: 38 27 Corporate responsibility UK – out of town: 96 International partners: 932 Governance 36 Board of directors 37 Executive committee 38 Corporate governance Early Learning Centre 44 Audit and risk committee 49 Nomination committee Our aim is to provide children up to pre-school age 50 Directors’ report with toys that nurture and encourage learning through 53 Directors’ remuneration report play. Whilst the ranges are mainly own brand and are 57 Annual report on remuneration designed and sourced through our facilities in Hong Kong, we selectively bring in branded product that enhances Financial statements our ranges. 80 Directors’ responsibilities statement STORES 81 Independent auditor’s report UK – in town: 3 90 Consolidated income statement UK – inserts: 115 91 Consolidated -
Can Arcadia Stop the Rot? As Sir Philip Green's Fashion Empire Faces Tough Times, Gemma Goldiingle and George Macdonald Analyse How It Can Turn the Corner
14 Retail Week June 16, 2017 Can Arcadia stop the rot? As Sir Philip Green's fashion empire faces tough times, Gemma Goldiingle and George MacDonald analyse how it can turn the corner ashion giant Arcadia, owner of famous One of the Arcadia brands facing the fascias such as Topshop, Evans and most competition is the jewel in its Dorothy Perkins, suffered a steep fall in crown - Topshop. profits last year. The retailer was once a haven for FThe retailer's annual report and accounts, fashion-forward young shoppers and filed at Companies House this week, showed exuded cool. that earnings took a£129.2m hit from excep- However, over the past decade tionals as onerous lease provisions and costs Zara, H&M and Primark have surged relating to the now defunct BHS had an impact. in popularity while pureplay rivals But even before such items were taken such as Asos and Boohoo are also rivalling into account, operating profit slid 16% from Topshop in the style stakes. £252.9m to £211.2m on sales down from Some industry observers believe it is no £2.07bnto£2.02bn. longer the automatic first-choice shopping Arcadia faces many of the same problems destination for its young customers. as its peers, such as changes to consumer GlobalData analyst Kate Ormrod says: spending habits and currency volatihty, as well "Online pureplays are now the first port of as some particular challenges of its own. call. They are dominating in terms of customer Arcadia said: "The retail industry continues engagement. Shoppers are on there first thing Has Topshop(above, to experience a period of major change as in the morning and last thing at night." right) lost its cool customers become ever more selective and Ormrod says that Topshop needs to do more despite attempts to value-conscious and advances in technology to engage its customers online and connect remain current? open up more diverse, fast-changing and more with popular culture. -
The Case for Firing Prosecutor General Viktor Shokin
October 9, 2015, Vol. 2, Issue 3 Obstruction Of Justice The case for fi ring Prosecutor General Viktor Shokin Special coverage pages 4-15 Editors’ Note Contents This seventh issue of the Legal Quarterly is devoted to three themes – or three Ps: prosecu- 4 Interview: tors, privatization, procurement. These are key areas for Ukraine’s future. Lawmaker Yegor Sobolev explains why he is leading drive In the fi rst one, prosecutors, all is not well. More than 110 lawmakers led by Yegor Sobolev to dump Shokin are calling on President Petro Poroshenko to fi re Prosecutor General Viktor Shokin. Not only has Shokin failed to prosecute high-level crime in Ukraine, but critics call him the chief ob- 7 Selective justice, lack of due structionist to justice and accuse him of tolerating corruption within his ranks. “They want process still alive in Ukraine to spearhead corruption, not fi ght it,” Sobolev said of Shokin’s team. The top prosecutor has Opinion: never agreed to be interviewed by the Kyiv Post. 10 US ambassador says prosecutors As for the second one, privatization, this refers to the 3,000 state-owned enterprises that sabotaging fi ght against continue to bleed money – more than $5 billion alone last year – through mismanagement corruption in Ukraine and corruption. But large-scale privatization is not likely to happen soon, at least until a new law on privatization is passed by parliament. The aim is to have public, transparent, compet- 12 Interview: itive tenders – not just televised ones. The law, reformers say, needs to prevent current state Shabunin says Poroshenko directors from looting companies that are sold and ensure both state and investor rights. -
Re-Imagining the High Street Escape from Clone Town Britain
Re-imagining the high street Escape from Clone Town Britain The 2010 Clone Town Report nef is an independent think-and-do tank that inspires and demonstrates real economic well-being. We aim to improve quality of life by promoting innovative solutions that challenge mainstream thinking on economic, environmental and social issues. We work in partnership and put people and the planet first. A report from the Connected Economies Team nef (the new economics foundation) is a registered charity founded in 1986 by the leaders of The Other Economic Summit (TOES), which forced issues such as international debt onto the agenda of the G8 summit meetings. It has taken a lead in helping establish new coalitions and organisations such as the Jubilee 2000 debt campaign; the Ethical Trading Initiative; the UK Social Investment Forum; and new ways to measure social and economic well-being. Contents Foreword 2 Executive summary 3 Part 1: High street collapse? 6 Part 2: The clone town parade 2009 13 Part 3: Communities fighting back 27 Part 4: Re-imagining your local high street to support a low carbon, high well-being future 34 Recommendations 43 Appendix: Clone Town Survey 44 Endnotes 46 Foreword Why does it matter that our town centres increasingly all look the same? Is the spread of clone towns and the creeping homogenisation of the high street anything more than an aesthetic blight? We think so. Yes, distinctiveness and a sense of place matter to people. Without character in our urban centres, living history and visible proof that we can in some way shape and influence our living environment we become alienated in the very places that we should feel at home. -
Acquisition of British Heritage Brands Dorothy Perkins, Wallis and Burton out of Administration
FOR IMMEDIATE RELEASE 8 February 2021 The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) and the retained UK law version of MAR pursuant to the Market Abuse (Amendment) (EU Exit) Regulations 2019 (SI 2019/310) (“UK MAR”). Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain. For the purposes of MAR, UK MAR, Article 2 of Commission Implementing Regulation (EU) 2016/1055 and the UK version of Commission Implementing Regulation (EU) 2016/1055, the person responsible for releasing this announcement is Neil Catto, Chief Financial Officer of boohoo group plc. boohoo group plc ("boohoo" or "the Group") Acquisition of British heritage brands Dorothy Perkins, Wallis and Burton out of administration boohoo, a leading online fashion retailer, is pleased to announce that it has agreed to acquire all of the e-commerce and digital assets and associated intellectual property rights, including customer data, related business information and inventory of the Burton, Dorothy Perkins and Wallis brands (“the Brands”) from the joint administrators of Arcadia Group Limited (in administration) and its relevant subsidiaries (“the Transaction”). boohoo will pay £25.2 million in cash, funded from existing cash resources, on completion. Strategic Rationale • Significant opportunity to grow boohoo’s market share across a broader demographic -
Debenhams Plc Annual Report and Accounts 2012
Debenhams plc Annual Report and Accounts 2012 A leading international, multi-channel brand Business model Understanding Debenhams Debenhams is a leading international, multi-channel brand which is available in 92 countries through stores or online. We put our customers at the heart of everything we do and are truly passionate about the products that we sell, half of which are exclusive to Debenhams. How we buy What we sell A diverse supply chain A unique, diff erentiated and exclusive product off er Our sourcing strategy is based on “right product, right country.” Delivering a compelling customer proposition is a key part of We have been direct sourcing for many years, resulting in our strategy. Our off er is unique through a combination of own long-standing relationships with suppliers around the world. brands, international and concession brands. It is exclusive China/Hong Kong remains our largest sourcing hub whilst through core and designer own brands which account for other countries like Bangladesh are growing. At all times we almost half of everything that we sell. It is diff erentiated need to meet our customers’ expectations that every one of through Designers at Debenhams, a portfolio of diff usion our products is manufactured in a factory which is socially brands from some of the UK’s top fashion designers. We also ethical and quality assurance compliant. give our customers the wide choice of product categories that they expect from a department store. Country sourcing Direct vs indirect sourcing Unique mix of brands Wide choice