Icelandic retail investor Baugur, which has stakes in a number of British high street stores, is headed for liquidation after a court on Thursday March 5 rejected its request for financial restructuring.
Icelandic holding company Baugur, which has major retail interests in Britain, said on Wednesday it had applied for court protection after restructuring talks with its lenders failed."This morning Baugur .
Philip Green, the billionaire owner of Bhs department stores and the Arcadia group of fashion companies, said he has purchased a 28 percent stake in Moss Bros and was considering making an offer for the mens fashion r...
Philip Green, the billionaire owner of the Bhs department store chain and Arcadia fashion group, said on Wednesday, October 15th he is still working on a deal to buy the debt of Icelandic retail investor Baugur.