Philip Day

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Many Jack Wills shops are on high-profile sites in relatively expensive towns and cities. Photograph: Jonathan Brady/PA Wire

Sports Direct has closed eight Jack Wills shops in the UK and may shut more if it cannot reach agreement with landlords on lower rents. The shops tha(...)

For the year to the end of January, Jack Wills made an operating loss of £14.23 million

Sports Direct has won the bidding war for Jack Wills, adding yet another brand to Mike Ashley’s high street empire. Advisers at KPMG said Jack Wills(...)

Paper and packaging company Smurfit Kappa edged 0.2 per cent lower to €26.70.

European shares edged downwards amid low trading volumes on Wednesday. Investor sentiment was knocked after the US Federal Reserve tempered expectatio(...)

The retailer had warned on sales as early as March as it discounted heavily to clear unsold apparel. Photograph: iStock

Trading has been so poor in recent months that women’s fashion chain Bonmarche recommended shareholders accept British billionaire businessman Philip (...)

The womenswear retailer said it has seen “significantly weaker” trading since the start of the month.

Bonmarche has rebuffed a £5.7 million takeover offer for the womenswear retailer tabled by Philip Day, claiming it “materially undervalues” the compan(...)

Dummy on a scooter tests the response of a self-driving Volvo bus on trial in Singapore. Photograph: Ore Huiying/Bloomberg

Image of the week: Driverless bus “I want to die like my father, peacefully in his sleep,” said Bob Monkhouse. “Not screaming and terrified, like his(...)

At Stobart’s agm, close to 49 per cent of its shareholders voted against chairman Iain Ferguson’s reappointment, just under the threshold required to remove him.

Stobart’s board has blocked the reappointment of its former chief executive as a director after its chairman narrowly survived an attempt to oust him (...)

 The Duchess of Cambridge wears a Jaeger dress: the firm filed a notice of intent to grant administration with the British high court last Friday. Photograph: Luke MacGregor/Reuters

Fashion chain Jaeger has collapsed into administration, putting 700 high street jobs at risk across the Uk and Ireland. Joint administrator Peter Sav(...)