FACTBOX - Retailer Green in talks with Iceland's Baugur

Sun Oct 12, 2008 11:13am BST
 
Email | Print | | Single Page
[-] Text [+]

LONDON (Reuters) - Philip Green, the billionaire owner of British fashion chain Top Shop and Bhs department stores, is in talks that could see him take control of large swathes of the UK retail empire of investment group Baugur.

Baugur, which traces its origins to an Icelandic discount food group founded by Johannes Jonsson and his son, current Chairman Jon Asgeir Johannesson, has built up retail interests stretching from New York to Copenhagen.

Following are its main investments, which span companies employing 53,000 people in over 3,700 stores with a total turnover of about 5 billion pounds.

FASHION

* All Saints - fashion label which operates both standalone stores and concessions in the UK and has an international presence in Denmark, Ibiza and Iceland.

* Day Birger et Mikkelsen - Danish fashion brand.

* Jane Norman - fashion brand targeting 15-25 year-old women. Trades in the UK, Germany, the Middle East, Iceland and Denmark.

* Matthew Williamson - luxury brand sold in over 150 locations around the world, with a flagship store in London.

* Mosaic Fashions - owns and operates six womenswear fashion brands: Oasis, Warehouse, Principles, Karen Millen, Coast and Odille, as well as several shoe brands such as Nine West and Pied a Terre.  Continued...

 
Lloyd Blankfein, Chairman and CEO of Goldman Sachs, participates in a panel discussion at the Clinton Global Initiative in New York September 23, 2009.   REUTERS/Chip East
Do banks do "God's work"?

The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing "God's work".  Blog 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos