FASHION’S NINE O’CLOCK NEWS

21 Mar

Pictured: AA Head Honcho Dov Charney.

AllSaints Will Receive New Investment:
The brand wishes to raise up to £50m to aid their current expansion plans and now has four offers on the table to consider. In 2010, the retailer impressively more than doubled their pre-tax profits in 2010 to £10.7m.e
AA Report 2010 Los:
Well well well, what a surprise, brand American Apparel will report a loss in 2010 – though they delayed filing their 2010 annual report due to needing time to “complete reviews and analyses” of results. The firm has confirmed they expect to register a loss.
Peacocks Considers Bonmarché Sale
The private-equity owned retailer has appointed bankers from the firm DC Advisory Partners to look at the potential options, which could lead to the sale of the 380-store women’s  discount fashion chain
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