Burberry sell-off plan disappoints
- BURBERRY STOCK SALE. // WWD: Women's Wear Daily;11/20/2003, Vol. 186 Issue 106, p2
Reports on GUS PLC's sale of a part of its stake in luxury goods firm Burberry's Ltd.
- A spate of shuffling pricks up City ears. Smith, Stuart // Marketing Week;6/2/2005, Vol. 28 Issue 22, p21
The article focuses on GUS PLC's decision to divest Burberry Ltd. and Experian Corp. It raises the interesting question of why they were part of the group in the first place. There's a tenuous connection between Burberry and a fashion business based around catalogues. Then again, if one owns...
- UK Parent Considers Experian 'Demerger' Womack, Brian // Orange County Business Journal;5/16/2005, Vol. 28 Issue 20, p1
Reports that GUS PLC, one of Great Britain's biggest retailers could be setting the stage for what could be one of Orange County, California's largest public offerings in 2005 with its planned spinoff of Costa Mesa, California-based Experian Information Solutions Inc. Terms of the proposed...
- Analysts See Great Universal Selling Off Its Burberrys Unit. Fallon, James // WWD: Women's Wear Daily;11/3/1998, Vol. 176 Issue 85, p23
Predicts that Great Universal Stores (GUS) PLC will sell its Burberrys unit as part of a drive to focus on the company's mail order and information services. Other business units to be divested by GUS; Sales of Burberrys for the year ended March 31, 1998.
- In search of a seamless fit. Benady, David // Marketing Week;6/2/2005, Vol. 28 Issue 22, p22
The article focuses on diverse conglomerates of GUS PLC. Last week's announcement that GUS is to demerge fashion brand Burberry Ltd. and information collection company Experian from its retail interests Argos and Homebase raises the question of why anyone thought such diverse businesses should...
- EXPERIAN TO GO PUBLIC. // CardLine;2006, Vol. 6 Issue 13, p20
This article reports that credit bureau Experian will become a public company with shares listed on the London Stock Exchange in the upcoming months as of March 2006. Parent company Gus Plc plans to spin off Experian and a second company it owns, Argos Retail Group, into two separate companies....
- GUS Sells Off a Slice of Experian. Lee, W.A. // American Banker;1/7/2004, Vol. 169 Issue 4, p18
GUS PLC has sold part of the U.S. outsourcing business of its Experian Inc. subsidiary. The British conglomerate on Tuesday announced the divestiture of the credit bureau's printing facilities, which were part of the Costa Mesa, California, company's direct-mail operation. The deal closed Monday.
- GUS PLC Seen Spinning Off Experian. Lindenmayer, Isabelle // American Banker;5/25/2005, Vol. 170 Issue 100, p23
States GUS PLC might announce a spin-off of Experian Information Solutions Inc. in Costa Mesa, California. Indication the London company also operates Argos Retail Group; Mention of an operational review.
- Experian Spinoff Plans Finalized. Jalili, H. Michael // American Banker;9/13/2006, Vol. 171 Issue 176, p9
This article reports that Experian Inc., the Costa Mesa, California credit bureau, plans to publish a prospectus before completing its spinoff from GUS PLC in October, 2006. The London parent company's shareholders voted August 29 to split it into two companies: Experian and Argos Retail Group.