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Boohoo.com
Debenhams Group plc, trading as Debenhams Group (also known as Debenhams, formerly known as Boohoo Group plc) is a British online fast-fashion retailer group, aimed at 16- to 30-year-olds. The business was founded in 2006 and had sales of £856.9 million in 2019. It is named after the historic department store chain of the same name, which the then-named Boohoo acquired some of its assets back in 2021. It specialises in own brand fashion clothing, with over 36,000 products. The company has acquired the brands and online presence of several defunct high street retailers, and also seen controversy over working conditions at some of its third party owned suppliers. Boohoo has since terminated the contracts with multiple suppliers because of this. History Boohoo was founded in 2006 by Mahmud Kamani and Carol Kane, who are respectively group executive chairman and executive director, and who previously supplied high street chains such as Primark and New Look. The company comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debenhams
Debenhams plc was a British department store chain that operated in the United Kingdom, Ireland and Denmark, as well as franchised locations across Europe and the Asia Pacific. The company was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of potential rescue talks with JD Sports and Frasers Group. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carol Kane (businesswoman)
Carol Kane (born October 1966) is a British businesswoman, the co-founder and joint CEO of Boohoo.com. Early life Carol Kane was born in October 1966. She comes from a working-class background, the youngest of four children of a builder father. Career Kane started her career as a designer, going to Berkshire College of Art, Berkshire College of Art & Design in Maidenhead Berkshire, before moving to London.In 1993, she took a position working as a senior designer for Pinstripe Clothing. Boohoo was founded in 2006 by Carol Kane and Mahmud Kamani, who are joint chief executives. Boohoo also runs boohooMAN.com, PrettyLittleThing, PrettyLittleThing.com and Nasty Gal, NastyGal.com and all of the brands are targeted at 16-24 year olds. In April 2017, Boohoo announced that its profits had almost doubled to £31 million on sales up by 51% to almost £300 million. When the company was floated on the stock market in 2014, it was valued at £560 million, and was worth about £2 billion a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mahmud Kamani
Mahmud Abdullah Kamani (born August 1964) is a British businessman. He is co-founder and executive chairman of Boohoo Group. He lives in Mottram St Andrew, Cheshire. Early life His father Abdullah Kamani is from Gujarat, India; settled in Kenya, but left in the 1960s due to unrest and moved to north-west England with his wife and three children. Abdullah started by selling handbags at a market stall, before starting a family textile business, supplying New Look and Primark. Career In 2013, Kamani was awarded ‘Entrepreneur of the Year’ at the English Asian Business Awards. In 2015 he was honoured at the Legends of Industry Awards. In April 2017, Boohoo announced that its profits had almost doubled to £31 million on sales up by 51% to almost £300 million. When the company was floated on the stock market in 2014, it was valued at £560 million, and is worth about £3.54 billion as of July 2021. In June 2017, Kamani sold a total of 36.6 million shares together with his sibl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PrettyLittleThing
PrettyLittleThing is a UK-based fast-fashion retailer, aimed at 16- to 24-year-old women. The company is owned by Debenhams Group and operates in the UK, Ireland, Australia, US, France, Middle East and North Africa. The brand's headquarters are in Manchester. PrettyLittleThing has offices in London, Paris and Los Angeles. History PrettyLittleThing was co-founded in 2012 by brothers Umar and Adam Kamani. It started with an accessory only brand with limited products on the site. Since then, the company has expanded and now operates internationally; including the US, Irish, Australian, Middle East, French and Canadian markets. The company sells womenswear, footwear, accessories and beauty products. Celebrities, including Miley Cyrus, Michelle Keegan, Rita Ora, Jessie J and Nicki Minaj, were seen wearing their products. In February 2017, the company reported sales of £47.7m. In September 2015, it launched its mobile application in the UK market. In 2016, the brand partnered with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oasis Stores
Mosaic Fashions hf was a holding company listed on the Icelandic stock exchange that owned several fashion brands. At its peak it had over 2,000 stores worldwide, as concessions, franchises and joint venture stores. History Oasis The Oasis stores started in 1991, and in 1995 Oasis Stores Plc. was floated on the London Stock Exchange. In April 1998, Oasis purchased the Coast stores. In September 2001, the management team of Oasis Stores Plc acquired the company via Sierra Acquisitions Ltd., supported by PPM Ventures. Sierra Acquisitions Ltd. later became a part of Sierra Holdings Ltd. On 16 April 2020, it was announced that both Oasis and Warehouse had fallen into administration. On 30 April 2020, the administrators announced that they had failed to find a buyer for both stores with the loss of 1,800 jobs. The brand was later bought by Boohoo Group (now Debenhams Group). Mosaic Fashions In November 2003, Oasis and Coast were acquired from PPM Ventures by a secondary man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karen Millen
Karen Millen is a brand owned by Debenhams Group. The brand specialises in tailoring, Coat (clothing), coats and evening gown, evening wear. It was acquired in 2019 following the collapse of Karen Millen Fashions Ltd, a company that operated a chain of clothing stores in many countries worldwide. The company was originally founded in 1981 by British entrepreneur fashion designer Karen Millen. She sold it in 2004 and was not subsequently involved in businesses bearing her name. Company founding and growth English fashion designer Karen Millen studied fashion at the Medway College of Design, now known as University for the Creative Arts. She founded the Karen Millen company in 1981, partnered with Kevin Stanford. With a loan of £100, the pair bought one thousand metres of white cotton and began manufacturing and selling white shirts to their friends. A party-plan network followed, and in 1983, they opened their first store in Maidstone, Kent, which was followed a few years later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Fashion
Fast fashion is the business model of replicating recent catwalk trends and High fashion, high-fashion designs, mass production, mass-producing them at a low cost, and bringing them to retail quickly while demand is at its highest. The term ''fast fashion'' is also used generically to describe the products of this business model, particularly clothing and footwear. Retailers who employ the fast fashion strategy include Fashion Nova, Primark, H&M, Shein, and Zara (retailer), Zara, all of which have become large multinationals by driving high turnover of inexpensive seasonal and trendy clothing that appeals to fashion-conscious consumers. Fast fashion grew during the late 20th century as Clothing industry, manufacturing of clothing became less expensive—the result of more efficient supply chains, new quick response manufacturing methods, and greater reliance on low-cost labor from the apparel manufacturing industries of South Asia, South, Southeast Asia, Southeast, and East Asia, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market, Unlisted Securities Market (USM) that had been in operation since 1980. It allows Company, companies that are smaller, less-developed, or want/need a more flexible approach to governance to Initial public offering, float stock, shares with a more flexible financial regulation, regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprised the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse (clothing)
Warehouse was a British clothing retail chain, founded in 1976. Warehouse was owned by Aurora Fashions, as were women's fashion brands Coast and Oasis. In November 2016, the administrator for Aurora Fashions, Kaupthing Bank, placed the retailers up for a £100 million sale. On 16 April 2020, it was announced that both Warehouse and Oasis had fallen into administration. On 30 April 2020, it was announced that administrators had failed to find a buyer with the loss of 1,800 jobs. In June 2020, the Warehouse brand, assets and stock, along with those of the Oasis chain, were acquired by online retailer Boohoo Group (now Debenhams Group), reuniting Warehouse with former sibling Coast, acquired by Boohoo as part of a separate takeover of the Karen Millen Karen Millen is a brand owned by Debenhams Group. The brand specialises in tailoring, Coat (clothing), coats and evening gown, evening wear. It was acquired in 2019 following the collapse of Karen Millen Fashions Ltd, a company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Minimum Wage Act 1998
The National Minimum Wage Act 1998 (c. 39) creates a minimum wage across the United Kingdom.. E McGaughey, ''A Casebook on Labour Law'' (Hart 2019) ch 6(1) From 1 April 2025, the minimum wage is £12.21 per hour for people aged 21 and over, £10.00 for people aged 18-20, and £7.55 for people aged under 18 and apprentices aged under 19 or in the first year of their apprenticeship. (See Current and past rates.) It was a flagship policy of the Labour Party in the UK during their successful 1997 general election campaign. The national minimum wage (NMW) took effect on 1 April 1999. On 1 April 2016, an amendment to the act attempted an obligatory "National Living Wage" for workers over 25 (now extended to workers aged 21 and over), which was implemented at a significantly higher minimum wage rate of £7.20. This was expected to rise to at least £9 per hour by 2020, but in reality by that year it had only reached £8.72 per hour. Background No national minimum wage existed prior t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coast (clothing)
Coast is a British women's clothing retail chain, founded in 1996. Coast was owned by Aurora Fashions, along with fashion brands Warehouse (clothing), Warehouse and Oasis. Aurora in turn was owned by the Icelandic Kaupthing Bank, and had been in administration for some time, with the administrators looking for potential buyers, with a possible valuation of not more than £100 million for Coast, Warehouse, and Oasis reported in November 2016. In April 2017, ''The Daily Telegraph'' reported that the three brands employ up to 5,000 people and were attracting interest from private equity, who would likely close some of the stores. ''Retail Week'' speculated that the future for brands like Coast will be in department store concessions and online, rather than stand-alone stores. In 2016, Coast had a pre-tax profit of £1.3m, following a pre-tax loss of £10.8m in 2015. As of September 2017, they had 20 stand-alone stores in the UK, five in Ireland, two in Kuwait, and two in the UAE, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic In England
The COVID-19 pandemic was first confirmed to have spread to England with two cases among Chinese nationals staying in a hotel in York on 31 January 2020. The two main public bodies responsible for health in England were NHS England and Public Health England (PHE). NHS England oversees the budget, planning, delivery and day-to-day operation of the commissioning side of the NHS in England, while PHE's mission is "to protect and improve the nation's health and to address inequalities". As of 14 September 2021, there have been 6,237,505 total cases and 117,955 deaths in England. In January 2021, it was estimated around 22% of people in England have had COVID-19. Healthcare in Scotland, Wales and Northern Ireland is administered by the Devolution, devolved governments, but there is no devolved government for England and so healthcare is the direct responsibility of the Government of the United Kingdom, UK Government. As a result of each country having different policies and priorit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
