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House Of Fraser
House of Fraser (also operating as Frasers) is a British department store group with 44 locations across the United Kingdom, which is now part of Frasers Group. It was established in Glasgow, Scotland in 1849 as Arthur and Fraser. By 1891, it was known as Fraser & Sons. The company grew steadily during the early 20th century, and after the Second World War a large number of acquisitions transformed the company into a national chain. From 1936, the company expanded substantially through acquisitions, including Scottish Drapery Corporation (1952), Binns (1953), Barkers of Kensington (1957), Dickins & Jones and the Harrods group (1959), and J J Allen and Colson's (1969). In 1948, the company was first listed on the London Stock Exchange. Later acquisitions included Howells (1972) and Army & Navy Stores (1973). The group was purchased by the Al Fayed family in 1985 for £615million, beating out Tiny Rowland for control. By 1993, the management of the group were making atte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies ( public limited companies) and private companies ( private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinction to be made between the publicly tradable companies of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Binns (department Store)
H. Binns, Son & Co. was a chain of department stores based in Sunderland, later purchased and absorbed by House of Fraser. Early history George Binns moved to Sunderland from Yorkshire in 1804, establishing a small drapery business in 1807 before taking over a larger wool and linen drapery store owned by Thomas Ellerby. Binns was assisted by his son Henry in the store at 176 High Street, Bishopwearmouth, Sunderland. In 1836 Henry inherited the store on the death of his father and began trading under the name Henry Binns. He was a member of the anti-slavery movement and sold only cotton grown by free labour. By 1844 the shop had moved from 176 to 173 High Street. In 1865 Henry retired and his son Joseph John Binns took control of the business changing its name to H. Binns, Son & Co. By 1884 the business had moved again, renting two houses at 38-39 Fawcett Street where the house frontages were replaced with a new shop front and the interior remodelled. During 1897 the business wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Land Company
The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index and a founding member of the European Public Real Estate Association. History The British Land Company was founded in 1856 as an offshoot of the National Freehold Land Society (later Abbey National) formed in 1849 with the two chief architects of the freehold land movement Richard Cobden and John Bright. Both were ardent supporters of a movement to extend enfranchisement. To qualify for a parliamentary vote it was then necessary to be a landowner and the main object of the National Freehold was to facilitate the acquisition of small plots of land by the people. To do this the British Land Co. would purchase land and then resell it on th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE Group
FTSE International Limited trading as FTSE Russell ( "Footsie") is a British provider of stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf. It operates the well known UK FTSE 100 Index as well as a number of other indices. FTSE stands for Financial Times Stock Exchange. History The FTSE Group was created in 1995 by Pearson (former parent of the ''Financial Times'') and the London Stock Exchange Group. In 2010, the joint venture with Xinhua Finance was terminated, the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to "FTSE China Index Limited". In 2011, Pearson sold its stake to LSE. Main business FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiny Rowland
Roland Walter "Tiny" Rowland (; 27 November 1917 – 25 July 1998) was a British businessman, corporate raider and the chief executive of the Lonrho conglomerate from 1962 to 1993. He gained fame from a number of high-profile takeover bids, in particular his attempt to take control of Harrods. He was known for his complex business interests in Africa and his closeness to a number of African leaders. Early life He was born Roland Walter Fuhrhop on 27 November 1917 during World War I in a British internment camp for aliens outside Calcutta, India. His mother was Anglo-Dutch and his father, Wilhelm Fuhrhop, was a German export-import trader in Calcutta. Having been born in British India, he acquired automatic British citizenship by the custom of '' jus soli''. However, his parents remained " enemy aliens" for the duration of the First World War, and after the war, the Fuhrhops were refused entry into the United Kingdom. They settled in Hamburg, Germany. He was said to have been ni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Fayed
Mohamed Al-Fayed (; arz, محمد الفايد ; born 27 January 1929) is an Egyptian-born businessman whose residence and chief business interests have been in the United Kingdom since the late 1960s. His business interests include ownership of Hôtel Ritz Paris and formerly Harrods department store and Fulham F.C., both in London. In November 2022, Fayed's wealth was estimated at US$1.9 billion, ranking his wealth at no. 1,512 in the world. Fayed's son Dodi, from his first marriage to Samira Khashoggi from 1954 to 1956, was in a romantic relationship with Diana, Princess of Wales, when they both died in a car crash in Paris in 1997. Fayed married Finnish socialite and former model Heini Wathén in 1985, with whom he also has four children: Jasmine, Karim, Camilla, and Omar. Early life Fayed was born in Roshdy, Alexandria, Egypt, the eldest son of an Egyptian primary school teacher from Asyut. His year of birth has been disputed. His website, alfayed.com,domain name verif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Army & Navy Stores (United Kingdom)
Army & Navy Stores was a department store group in the United Kingdom, which originated as a co-operative society for military officers and their families during the nineteenth century. The society became a limited liability company in the 1930s and purchased multiple independent department stores during the 1950s and 1960s. In 1973, the Army and Navy Stores group was acquired by House of Fraser. In 2005, the remaining Army & Navy stores (the flagship store located on Victoria Street in London and stores in Camberley, and Chichester) were refurbished and re-branded under the House of Fraser nameplate. House of Fraser itself was acquired by Icelandic investment company, Baugur Group, in late 2006, and then by Sports Direct on the 10 August 2018. The Victoria Street department store, trading as House of Fraser in 2019, is situated in the City of Westminster, to the south of St. James's Park. It is the only department store to trade in the locality. Each of its four selling-floors h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howells (department Store)
Howells is a large department store located on St Mary Street in Cardiff, Wales. The store was established in Cardiff by James Howell in 1865. It was acquired by the House of Fraser group in 1972 and re-branded as House of Fraser in 2010. History James Howell was the son of a Pembrokeshire farmer. On 21 October 1865 he opened a shop in The Hayes, Cardiff, in a building called Stuart Hall. In August 1867 the drapery shop moved to St Mary Street. By 1892 he had a shop which extended from Trinity Street in the east, to St Mary Street in the west. The first part of the current store was built in the late-19th century, this part of the building includes an ornate facade that is visible on St Mary Street. In the 1920s a large and well-proportioned neoclassical extension was built up to the corner of St Mary Street and Heol-y-Cawl. A unique result of this extension was that Bethany Chapel, built on the site of an earlier chapel in 1865, was absorbed into the fabric of the building ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colson's
Colson's, later Dingle's and House of Fraser, was a department store located in Exeter, Devon, England. Located on the High Street, the store was founded in 1792, expanded after damage in the Second World War. It was later purchased and grouped with Plymouth-based Dingles, taking their name, before becoming House of Fraser. The store closed in 2019, along with a number of other House of Fraser stores during financial difficulties at the group. The site was derelict for a number of years, before being renovated during 2022 by IHG Hotels & Resorts as a Hotel Indigo, including a restaurant named "Colson's" in recognition of the history of the building. History Foundation Colson's was started in 1789 by Mrs Colson, taking over the Millinery and Linen business of a Mrs Coles, along with her "Childbed Linen Warehouse" opposite Gandy's Lane (now Gandy Street) on Exeter High Street. Mrs Cole announced her retirement and sale on 27 July 1789, with the newly named Colson's opening on 3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
J J Allen
J J Allen was a small retail group that formed in 1860 in Bournemouth, Dorset, England. The business was incorporated in 1899 by Mr J J Allen as a furniture shop, removal company and funeral directors (which still exist as an independent company). The business expanded to a small chain of department stores, as well the Chanelle and Mayron chain of fashion shops. The expansion included department stores Brights of Bristol & Bournemouth 1960, Brights & Colson of Exeter 1960, Cavendish House ( Cheltenham) and Morgan Squire Leicester 1962. In 1961 JJ Allen bought the Cardiff Cardiff (; cy, Caerdydd ) is the capital and largest city of Wales. It forms a principal area, officially known as the City and County of Cardiff ( cy, Dinas a Sir Caerdydd, links=no), and the city is the eleventh-largest in the United Kingd ... department store James Howell & Co, but sold it for a substantial profit in 1962 to the Hodge group, managed by Dr Julian Hodge, a Welsh merchant banker. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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