71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
Permanent · CAPE TOWN
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
Published
Sep 4, 2019
Download
Download the article
Print
Text size

FF hires advisers to explore potential Links of London sale

Published
Sep 4, 2019

FF Group has confirmed it has appointed advisory firms Deloitte and Savigny Partners to look at various sales options for its Links of London business.


Links of London


“Τhe company acknowledges certain reports in the media concerning a potential sale of Links of London [and] can confirm that it has appointed Deloitte and Savigny Partners to investigate the option of a full sale of the business, but that is the extent of their mandate at this point. Links of London remains in the process of a turnaround plan that the company continues to support,” the Greek retailer said in a statement.

The British jewellery firm has recently cut about 85 jobs, closed 15 stores in the US and moved its headquarters back to London as part of the turnaround plan.

The brand has been hit by the same retail storm that has forced several retailers to close down, fall into administration or pursue a company voluntary agreement (CVA). 

But according to Professional Jeweller, Links’ radical restructuring led by new CEO Annia Spiliopoulos is working, with the firm seeing a 10% increase in sales in strategic stores in the year-to-date.

It has also achieved one-off savings of £2.1m and annualised savings of £5.1m thanks to the closure of five non-strategic stores in the UK and a further 15 in the US. Full-year profits are expected to be up by 14%.

Yet despite its progress, it seems FF Group is now on the hunt for an offer to buy the subsidiary.

Copyright © 2024 FashionNetwork.com All rights reserved.