High St Giant In Administration
BG Holding,. They may purchase their Prom Dresses from specialized shops, boutiques, or internet retailers. There are many specialty labels selling p the investment group which owns a controlling stake in Iceland, House of Fraser and a host of other high street businesses, has been placed in administration.The news comes two days after the Icelandic group's parent company Baugur applied for bankruptcy protection in Reykjavik.It is understood the latest development does not affect all of Baugur's high street holdings.
But it is does relate to frozen food chain Iceland,. Since it was created by herve leger clothes in 1985, the dress has made numerous comebacks. toy shop Hamleys and department store House of Fraser.,wholesale wedding dresses,
Baugur's assets are exposed to a weakening high street and its problems were compounded by the crisis which saw the nationalisation of Iceland's major banks last October.. Attending a big wedding party, black cocktail dresses must be your best choice.Its latest trouble stemmed from the breakdown of debt restructuring talks with main creditor Landsbanki.Baugur said today it would not oppose Landsbanki's decision to place its British unit into administration.
It said the decision had been taken to minimise any further risk to the ongoing operations of Baugur's portfolio of companies.
Nevertheless, it places a question mark over the future ownership of several popular chains.
Baugur also owns fashion outlet Whistles and has a controlling stake in Mosaic, which owns Coast, Karen Millen, Oasis, Principles and Warehouse.The Baugur-controlled businesses are regarded as strong performers and there would be no shortage of interest if they were to go up for sale.Dragon's Den star Theo Paphitis told Sky News yesterday he was watching developments closely, while Bhs and Topshop owner Sir Philip Green and private equity firm Alchemy are also believed to be interested in bidding for some of the names.
BG Holding,. They may purchase their Prom Dresses from specialized shops, boutiques, or internet retailers. There are many specialty labels selling p the investment group which owns a controlling stake in Iceland, House of Fraser and a host of other high street businesses, has been placed in administration.The news comes two days after the Icelandic group's parent company Baugur applied for bankruptcy protection in Reykjavik.It is understood the latest development does not affect all of Baugur's high street holdings.
But it is does relate to frozen food chain Iceland,. Since it was created by herve leger clothes in 1985, the dress has made numerous comebacks. toy shop Hamleys and department store House of Fraser.,wholesale wedding dresses,
Baugur's assets are exposed to a weakening high street and its problems were compounded by the crisis which saw the nationalisation of Iceland's major banks last October.. Attending a big wedding party, black cocktail dresses must be your best choice.Its latest trouble stemmed from the breakdown of debt restructuring talks with main creditor Landsbanki.Baugur said today it would not oppose Landsbanki's decision to place its British unit into administration.
It said the decision had been taken to minimise any further risk to the ongoing operations of Baugur's portfolio of companies.
Nevertheless, it places a question mark over the future ownership of several popular chains.
Baugur also owns fashion outlet Whistles and has a controlling stake in Mosaic, which owns Coast, Karen Millen, Oasis, Principles and Warehouse.The Baugur-controlled businesses are regarded as strong performers and there would be no shortage of interest if they were to go up for sale.Dragon's Den star Theo Paphitis told Sky News yesterday he was watching developments closely, while Bhs and Topshop owner Sir Philip Green and private equity firm Alchemy are also believed to be interested in bidding for some of the names.
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