Icelandic investment firm Baugur is denying reports
that it is considering placing its UK business-which includes
retailers Oasis, Hamleys and Karen Millen–into
administration. Meanwhile, The Times is reporting that private equity
firm Alchemy Partners is now the favourite to acquire Baugur,
not Topshop and BHS owner Sir Philip Green.
Several other private equity firms, including Texas Pacific
Group and Permira, are said to be in the running as well.
Oxfam’s online charity shop had sales of more than
£5 million in its first year, reports Professional Fundraising. In addition to
selling items from 50 of its 750 bricks-and-mortar shops, the
website sells products from the Oxfam Unwrapped catalogue,
which sells so-called alternative gifts, such as livestock to
be raised by people in third-world countries.
Designer Cath Kidston has added a new book,
Make, to her portfolio, which includes 21 stores and the
eponymous catalogue; The Herald talks to her about her various
The Guardian features excerpts from By
Hand, a book from ethical-fashion cataloguer People