Retail analyst Verdict Research released the weekly retail review of UK.
Clothing, fashion and personal care - The Icelandic retail investor Baugur has bought a 9.5 per cent stake in House of Fraser giving rise to further speculation about a possible takeover of the department store group. Baugur is understood to have been interested in House of Fraser for some time and has spent around £28.9m on the shares.
Next is planning a trial with Ideal Shopping Direct to see if its clothing and home furnishing products will appeal to TV shoppers. The move is the latest in a number of experiments by chief executive Simon Wolfson as he looks at ways to expand the brand and increase sales.
Jewellery retailer Signet has reported a slight fall in annual group pre-tax profit to £200m against a previous total of £203m. UK operating profit declined by 36 per cent to £49.1m during the year to January 28, blamed on weak consumer confidence.
Sports World International has overtaken JJB Sports as Britain's biggest sports retailer after its sales increased by 45 per cent in 2004-05. Sales at Sports World exceeded £905m in the year to April 24, 2005, according to accounts filed at Companies House, compared with JJB's £773.3m for the year to January 2005.
Next is planning a trial with Ideal Shopping Direct to see if its clothing and home furnishing products will appeal to TV shoppers. The move is the latest in a number of experiments by chief executive Simon Wolfson as he looks at ways to expand the brand and increase sales.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
