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Richard Shops
Richard Shops was a British high street retailer of women's fashion. History The business was created in 1936 by John Sofio, who modelled the business on the US company Learner Brothers. The company was bankrupt by 1941 and was purchased by Charles Clore for £45,000, who subsequently expanded the business before selling it on for £800,000 in 1949 to United Drapery Stores. Richards was managed by Rudy Weil until his retirement in the mid-1970s. From the 1960s to the 1990s, an expansion of the number of stores saw it as a ubiquitous part of almost every British high street and shopping centre, selling fashion clothing designed to appeal to young women. In the 1970s a hugely popular television advertisement began to appear with a memorable jingle, also used for radio advertisements on Capital Radio. In 1983 UDS was sold to Hanson plc. Hanson started selling off parts if UDS to pay for its purchase. Fellow UDS bedfellow John Collier was purchased in a management buyout, but R ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Principles (retailer)
Principles was a UK-based fashion retailer founded in 1984. The firm was launched by the Burton Group (now Arcadia Group) as an attempt to capitalise on the new modern trends in fashion; the mid-1980s was the boom era for the yuppie, a new upmarket cultural movement, and power dressing was a key trend: at the time, the Group's ladies' fashion operations (chiefly Dorothy Perkins) were more mainstream and traditional. Principles was the first newly launched chain from the firm since Topman in 1978, with the majority of the company's growth over the years having come from acquisitions. In 1985 a sister brand aimed at upmarket male shoppers, Principles For Men, was launched; this chain was phased out in the late 1990s/early 2000s as part of a scaling-back of the group's less successful operations. The stores either became main Principles stores, converted to other Arcadia brands, or closed. Administration and closure Mosaic Fashions collapsed in 2009, and a new venture - Aurora Fash ...
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Retail Companies Established In 1927
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Clothing Retailers Of The United Kingdom
Clothing (also known as clothes, apparel, and attire) are items worn on the body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head. Eyewear and jewelry are not generally considered items of clothing, but play an important role in fashion and clothing as costume. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against ...
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news ...
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Philip Green
Sir Philip Nigel Ross Green (born 15 March 1952) is a British businessman who was the chairman of the retail company the Arcadia Group. He owned the high street clothing retailers Topshop, Topman and Miss Selfridge from 2002 to 2020. As of May 2021, his net worth was estimated at £910 million. Green was the chairman and chief executive of Amber Day from 1988 to 1992. In 1999, he acquired Sears plc. He bought British Home Stores (BHS) for £200 million in 2000, and subsequently spent £840 million to acquire the Arcadia Group in 2002. Arcadia became a private company and was delisted from the London Stock Exchange.Arcadia History
He unsuccessfully sought to acquire in 1999 and 200 ...
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Miss Selfridge
Miss Selfridge is a British fashion brand and former high street store chain which began as the young fashion section of Selfridges department store in London in 1966. It was part of the Arcadia Group, controlled by Sir Philip Green, which went into administration in late 2020. The Miss Selfridge brand was purchased by ASOS on 1 February 2021 and now operates exclusively online. History Miss Selfridge got its name when Charles Clore, the owner of Selfridges at the time, saw a window display in the Bonwit Teller store in New York City which showed "Miss Bonwit" dresses aimed specifically at teenagers. He later launched it throughout his Lewis's and Selfridges stores throughout the UK. By 1967 Miss Selfridge had concessions throughout the country within department stores, and by 1969 there were some independent branches on the high street. The first of Miss Selfridge's mannequins were based on 1960s icon and model Twiggy, and the first dresses were paper dresses designed to b ...
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Wallis (retailer)
Wallis is an online British women's clothing brand. Previously a retailer, Wallis operated from 134 stores and 126 concessions across the UK and Republic of Ireland. Wallis was a subsidiary of the Arcadia Group before its collapse in late 2020. The brand is now owned by Boohoo.com. History The first store was opened by the founder, Raphael Nat Wallis, in Chapel Market, Islington in 1923. Known from the start for its coats (sold originally for 19 shillings) and dresses, it had the slogan: 'Comparison invited. Competition defied". By the 1940s, the chain had 25 shops and a turnover of £300,000 a year. 1960s fashion success From the 1950s, under the leadership of Jeffrey Wallis, son of the founder, the company became known for its selections from Paris – from 1957 this was known as 'pick of Paris', later this became 'Paris Originals' – and produced exact copies of top couture clothes. Paying a fee to attend the fashion shows of names such as Courrèges, Chanel and Dior, ...
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Selfridges
Selfridges, also known as Selfridges & Co., is a chain of high-end department stores in the United Kingdom that is operated by Selfridges Retail Limited, part of the Selfridges Group of department stores. It was founded by Harry Gordon Selfridge in 1908. The historic Daniel Burnham-designed flagship store on London's Oxford Street is the second-largest shop in the UK (after Harrods) and opened on 15 March 1909. Other Selfridges stores opened in the Trafford Centre (1998) and Exchange Square (2002) in Manchester, and in the Bullring in Birmingham (2003). In the 1940s, smaller provincial Selfridges stores were sold to the John Lewis Partnership, and in 1951, the original Oxford Street store was acquired by the Liverpool-based Lewis's chain of department stores. Lewis's and Selfridges were then taken over in 1965 by the Sears Group, owned by Charles Clore.subscription required Expanded under the Sears Group to include branches in Manchester and Birmingham, the chain was ac ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited, Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, th ...
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Sears Plc
Sears plc was a large British-based conglomerate. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Philip Green in 1999. History The business was founded by John and William Sears in 1891 and initially traded as bootmakers under the name of ''Trueform''.Richard Davenport-HineClore, Sir Charles (1904–1979)''Oxford Dictionary of National Biography'', Oxford University Press, 2004 It had acquired Freeman, Hardy and Willis by 1929. The business was acquired by Charles Clore in 1953. He renamed it Sears Holdings in 1955; it went on to buy the Manfield and Dolcis shoe shop chains the following year. In the late 1950s Clore consolidated all the shoe brands Sears had acquired under the name British Shoe Corporation under which name it also bought Saxone, Manfield, Lilley & Skinner, another shoe shop chain, in 1962. Despite the company using the Sears name, it has no relations with Chicago, Illinois-based Sear ...
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Mothercare
Mothercare plc is a British retailer which specialises in products for expectant mothers and in general merchandise for children up to eight years of age. It is listed on the London Stock Exchange and is a constituent of the FTSE SmallCap Index. Mothercare's United Kingdom subsidiary had over 150 stores in 2017, but by 2019 the number had been reduced to 79. In November 2019, the subsidiary was placed into administration, which led to closure of all the stores. Mothercare-branded products continue to be sold by Boots and the parent company continues to supply franchisees in other countries. History The company was founded by Selim Zilkha and Sir James Goldsmith in 1961. It was first listed on the London Stock Exchange in 1972. In 1982, the company merged with Habitat to form Habitat Mothercare plc. In 1986, Habitat Mothercare plc merged with British Home Stores, to form Storehouse plc. In January 1996, it bought Children's World from Boots,
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