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Watches of Switzerland seeks £660m valuation in London listing

The price is based on a price to earnings multiplier of 13x to 14x on net income of £47 million forecast for April...
Dressbarn to close all of its 650 stores

Dressbarn to close all of its 650 stores

Dressbarn will be closing all 650 of its stores, Ascena Retail Group announced on Monday. The women’s fashions, includeing some jewelry retailer has locations across...
Closing Burton jeweller sells half its £1.5m stock in one week

Closing Burton jeweller sells half its £1.5m stock in one week

Independent jeweller, HJ Richards, has had a successful first week in its closing down sale. After more than 120 years in Burton, the family-run business...
Cartier and Van Cleef & Arpels drive sales growth for Richemont

Cartier and Van Cleef & Arpels drive sales growth for Richemont

Richemont chairman Johann Rupert has described 2018 as a year of transition and consolidation as the group’s audited accounts for the year ending March...
Nordstrom Sets October Opening for New York Flagship Store

Nordstrom Sets October Opening for New York Flagship Store

Nordstrom Inc. has set a date for the opening of its Manhattan flagship location as construction continues on the department-store chain’s biggest-ever bet. The retailer...
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