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Principles (retailer)
Principles was a UK-based fashion retailer founded in 1984. The firm was launched by the Burton Group (now Arcadia Group) as an attempt to capitalise on the new modern trends in fashion; the mid-1980s was the boom era for the yuppie, a new upmarket cultural movement, and power dressing was a key trend: at the time, the Group's ladies' fashion operations (chiefly Dorothy Perkins) were more mainstream and traditional. Principles was the first newly launched chain from the firm since Topman in 1978, with the majority of the company's growth over the years having come from acquisitions. In 1985 a sister brand aimed at upmarket male shoppers, Principles For Men, was launched; this chain was phased out in the late 1990s/early 2000s as part of a scaling-back of the group's less successful operations. The stores either became main Principles stores, converted to other Arcadia brands, or closed. Administration and closure Mosaic Fashions collapsed in 2009, and a new venture - Aurora Fashi ...
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Debenhams
Debenhams plc was a British department store chain operating in the United Kingdom, Denmark and the Republic of Ireland. It 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 talks with JD Sports and Frasers Group over a potential rescue. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retailer Boohoo for £55m in January 2021. However, Boohoo did not ...
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Arcadia Group
Arcadia Group Ltd (formerly Arcadia Group plc and, until 1998, Burton Group plc) was a British multinational retailing company headquartered in London, England. It was best known for being the previous parent company of British Home Stores (BHS), Burton, Dorothy Perkins, Debenhams, Evans, Miss Selfridge, Topman, Topshop, Wallis and Warehouse. At its peak, the group had more than 2,500 outlets in the UK, as well as concessions in UK department stores and several hundred franchises operated internationally. The company was majority owned by Taveta Investments, owned by Tina Green, wife of Sir Philip Green, chairman of the Arcadia Group. BHS, also owned by Green, was integrated into Arcadia in 2009. In 2015 the then loss-making BHS was sold for £1 to Retail Acquisitions Ltd owned by Dominic Chappell. In 2019, on the bankruptcy of BHS, British MP Frank Field, who previously investigated the BHS pension deficit, criticised Philip Green for paying huge dividends to his family ...
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Yuppie
Yuppie, short for "young urban professional" or "young upwardly-mobile professional", is a term coined in the early 1980s for a young professional person working in a city. The term is first attested in 1980, when it was used as a fairly neutral demographic label, but by the mid-to-late 1980s, when a "yuppie backlash" developed due to concerns over issues such as gentrification, some writers began using the term pejoratively. History The first printed appearance of the word was in a May 1980 ''Chicago'' magazine article by Dan Rottenberg. Rottenberg reported in 2015 that he did not invent the term, he had heard other people using it, and at the time he understood it as a rather neutral demographic term. Nonetheless, his article did note the issues of socioeconomic displacement which might occur as a result of the rise of this inner-city population cohort. Joseph Epstein was credited for coining the term in 1982, although this is contested. The term gained currency in the ...
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Power Dressing
Born in the second half of the 1970s and developed in the 1980s, power dressing is a fashion style that enables women to establish their authority in a professional and political environment traditionally dominated by men. History The term ''power dressing'' relates to a fashion style typical of the business and politics environment of the 1970s and 1980s. Today, the expression "power dressing" is no longer commonly used, but the style is still popular. Power dressing arose in the United States in the second half of the 1970s. Power dressing could be analyzed through visual sociology, which studies how fashion operates in the relationship between social systems and the negotiation of power. The concept of power dressing was brought to popularity by John T. Molloy's manuals ''Dress for success'' (1975) and ''Women: dress for success'' (1977), which suggest a gender specific professional dress code. Molloy's manuals addressed a new kind of female workers entering in a typical masculi ...
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Dorothy Perkins
Dorothy Perkins is an online British women's fashion brand based in the United Kingdom. Formerly a store chain, it sold both its own range of clothes and branded fashion goods until February 2021, when it became part of Boohoo.com, having been acquired after the collapse of Philip Green's fashion empire Arcadia Group. History Founded in 1909 under the name H. P. Newman, the company changed its trading name to Dorothy Perkins in 1919. In the 1960s, Dorothy Perkins was controlled by the Farmer family, who used to own Winster Hosiery. Staff in the branches could expect regular visits from Alan Farmer, whose picture was printed in a booklet handed to new employees. Best known for its lingerie, tights, and sleepwear collections, its other clothes had difficulty competing with the more trendy Lewis Separates, now owned by River Island Clothing Company Ltd, and Peter Robinson. In the late 1960s, Dorothy Perkins co-funded Biba's expansion into a large boutique on Kensington High S ...
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Topman
Topman is a UK-based multinational men's fashion retail brand founded by Burton Group (later renamed Arcadia Group) in 1978. Along with its women's clothing counterpart Topshop and the rest of Arcadia Group, Topman went into administration in late 2020. All high street stores subsequently closed and the brand was purchased by ASOS on 1 February 2021, relaunching as an online-only retailer. Arcadia Group financial problems In May 2019, the BBC and ''The Wall Street Journal'' both reported that, after its parent company Arcadia Group filed for bankruptcy, Topshop would close all 11 of its U.S. stores, including Topman. Apparel would be distributed digitally and through other wholesale partners, such as Nordstrom. Administration In the UK, Arcadia Group went into administration at 8pm GMT on 30 November 2020. On 25 January 2021, ASOS said it was in "exclusive" talks to buy Arcadia's Topshop, Topman, Miss Selfridge and HIIT brands out of administration, though it only wanted ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Bluewater (shopping Centre)
Bluewater Shopping Centre (commonly referred to as Bluewater) is an out-of-town shopping centre in Stone (postally Greenhithe), Kent, England, outside the M25 motorway, east south east of London's centre. Opened on 16 March 1999 in a former chalk quarry after ten years of building works, the site (including car parks) occupies and has a sales floor area of 154,000 m2 (1,600,000 ft2) over three levels, making it the fifth-largest shopping centre in the UK (after Westfield London, MetroCentre, Trafford Centre and Westfield Stratford City). Elsewhere in Europe only Istanbul's Cevahir Mall and Vienna's (Vösendorf) Shopping City Süd are bigger. The floor plan is a triangular shape with 330 stores, including 3 anchors, 40 cafés and restaurants, and a 17-screen cinema. The centre employs 7,000 people and serves over visitors a year. A main rival is the Lakeside Shopping Centre and its two retail parks in West Thurrock, Essex, just across the River Thames, away by road ...
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Ben De Lisi
Ben de Lisi (born 31 May 1955) is an American born fashion designer based in London. He is best known for his collections with high street store Debenhams, and as a mentor and judge on the television series ''Project Catwalk''. Early life De Lisi was born in New York and grew up in Long Island. He moved in with his grandmother when studying sculpture at the Pratt Institute in Brooklyn. He became interested in fashion when his grandmother taught him how to sew and recreate a pair of trousers he could not afford to buy. Career De Lisi started designing his own menswear range in 1979, and he moved to London in the fashion industry in 1982. He started working with Debenhams in 1992. De Lisi made his debut at the London Fashion Week in 1994, won the British Glamour Designer of the Year award in both 1994 and 1995. He went on to establish his own company in 1998, which had provided evening dresses for Kate Winslet (2002 Oscars red dress), Helena Bonham Carter and Anjelica Hust ...
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Clothing Retailers Of The United Kingdom
Clothing (also known as clothes, apparel, and attire) are items worn on the body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural products found in the environment, put together. The wearing of clothing is mostly restricted to human beings and is a feature of all human societies. The amount and type of clothing worn depends on gender, body type, social factors, and geographic considerations. Garments cover the body, footwear covers the feet, gloves cover the hands, while hats and headgear cover the head. Eyewear and jewelry are not generally considered items of clothing, but play an important role in fashion and clothing as costume. Clothing serves many purposes: it can serve as protection from the elements, rough surfaces, sharp stones, rash-causing plants, insect bites, by providing a barrier between the skin and the environment. Clothing can insulate against cold ...
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British Companies Established In 1984
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Retail Companies Established In 1984
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that ...
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