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- British retailer GUS to demerge Burberry group
- LONDON AFP — British retail group GUS announced it planned to demerge its 66 percent stake in luxury goods group Burberry later this year to existing shareholders, alongside news of steady annual profits. The company also disclosed its intention to separate the retail division, which includes catalogue retailer Argos...
- Research articles 2005-05-25
- British retailer Gus reports six-month pretax profits up 15 percent.
- By Ian Lyall, Daily Mail, London Knight Ridder/Tribune Business News Nov. 19--Argos owner GUS shrugged off the gloom shrouding the retail sector to weigh in with forecast-busting interim profits. But the group -- whose stable also includes Experian and Burberry ...
- Research articles 2004-11-19
- The week ahead: No bags bulging with cash as Sainsbury's comes to the
- J Sainsbury boss Justin King has endured a rough ride since he took over as chief executive in March. Profits warnings, board shake- ups, a plunging share price, takeover speculation and, as he revealed last month, a new turnaround strategy. And on Wednesday he steps up once again to unveil...
- Research articles 2004-11-14
- British Retail Information Group GUS Posts Profit of UKpound 692 Million.
- By Jessica Hodgson, Sunday Business, London Knight Ridder/Tribune Business News May 30--The UKpound 200 million (E296 million, $350 million) cash windfall given to GUS shareholders last week was not the only reason investors in the retail to business information group had to cheer....
- Research articles 2004-05-30
- U.K. Retailer GUS Enjoys Record Profits, Cash Bonanza.
- Daily Mail, London Knight Ridder/Tribune Business News May 26--GUS signalled a break-up is on the cards and promised to return UKpound 200 million cash to shareholders, after record annual profits. The retailer, which owns Argos, Homebase and 66 percent of ...
- Research articles 2004-05-26
- British Retailer Burberry Misses the Boat on Partial Float.
- By Fiona Walsh, Evening Standard, London Knight Ridder/Tribune Business News May 29--Basingstoke is not, perhaps, best known as the centre of the fashion universe but it was there, almost 150 years ago, that 21-year-old Thomas Burberry laid the foundations of what was...
- Research articles 2002-05-29
Additional Resources
- GUS (GUS).
- GUS, the owner of Argos, Homebase and Experian, has agreed to buy 33 Index stores and the Index brand from Littlewoods for GBP44m in cash. The deal is expected to go through in July and GUS plans to convert all of these stores to the Argos format...
- Research articles 2005-04-22
- GUS details demerger plans.
- GUS has announced that the demerger of Experian and ARG will be completed in October this year. At 31 March, GUS had net debt of GBP2bn. Experian, once demerged, should have net debt of around GBP1bn, while ARG will be ... GUS has announced that...
- Research articles 2006-05-26
- British group GUS to split retail and business units
- LONDON AFP — GUS said that it plans to demerge Experian, its business services unit, and the Argos Retail Group. "The Board of GUS proposes, subject to shareholder approval, that the two businesses should be separated by means of a demerger with both ARG and Experian becoming independently listed...
- Research articles 2006-03-28
- Sales up for GUS despite Experian steep decline. (European News).(GUS PLC sales up 8%)(Brief Article)
- GUS plc has announced that in the six months to 30 September 2001, sales grew by 8% to 2,857mn [pounds sterling], compared with the year before, Group profit before amortisation of goodwill, exceptional items and taxation was 206.2mn [pounds sterling GUS plc has announced that in...
- Research articles 2002-01-10
- GUS (GUS).
- taking the consumer downturn into account, this was a resilient performance from soon-to-be-demerged retail conglomerate GUS. In fact, Argos's underlying sales fell by just 1 per cent, partly helped by its Argos Extra format, which has now been rolle taking the consumer downturn into account, this...
- Research articles 2006-06-02
- British group GUS to complete demerger in October
- LONDON AFP — British retail group GUS says it plans to complete the demerger of Experian, its business services unit, and the Argos Retail Group ARG in October. The announcement was made alongside news that GUS had posted a 4.4-percent drop in net profit during 2005/06. GUS in...
- Research articles 2006-05-24
- -THE WHITE HOUSE: President Clinton names Gus Weill to the J. William Fulbright Foreign Scholarship Board.
- M2 PRESSWIRE-15 December 1999-THE WHITE HOUSE: Office of the Press Secretary -- President Clinton names Gus Weill to the J. William Fulbright Foreign Scholarship Board C1994-99 M2 COMMUNICATIONS LTD RDATE:141299 The President today announced his intent to appoint Gus Weill to ...
- Research articles 1999-12-15
- Alvin "Gus" Kennedy.(Obituaries)(Obituary)
- Alvin "Gus" Kennedy Memorial services for Alvin "Gus" Kennedy, 75, will be held at 11 a.m. Saturday, at St. Mary Episcopal Church, 210 McHenry St., Crystal Lake. Born in Macomb, Ill., he passed away Saturday, March 13, 2004, after a short illness. Gus was...
- Research articles 2004-03-25
- Gustavus Berry "Gus" Stuart.(Obituaries)(Obituary)
- Gustavus Berry "Gus" Stuart of Elgin Memorial services for Gustavus Berry "Gus" Stuart, 90, will be held at 3 p.m. Saturday, Dec. 6, at Laird Funeral Home, Elgin. The Rev. Don Shank will officiate. Born Nov. 18, 1913 in Mount Pulaski, Ill., the son...
- Research articles 2003-12-05
- Flotation of South African furniture business may be smart move for GUS.
- Daily Mail, London Knight Ridder/Tribune Business News Aug. 28--GUS is putting the finishing touches to plans for a partial flotation of Lewis, its South African furniture business, on the stock exchange in Johannesburg. UBS Warburg is leading October float, which...
- Research articles 2004-08-28
- Remarks at a reception for congressional candidate Gus Bilirakis in Tampa, Florida
- September 21, 2006 Gus, thanks. There's nothing wrong with a son following in his father's footsteps, particularly when you've got such a good son as Gus Bilirakis. [Laughter] He's the right man for the United States Congress, and I appreciate you all coming to support him. I've been...
- Research articles 2006-09-25
- GUS warns that the high street spending spree is unsustainable
- GUS, THE retail and financial information group which is planning to seek a stock market flotation of Burberry, its luxury goods brand, warned yesterday that current retail growth rates in the UK are unsustainable. The Argos high street catalogue stores, which were acquired by GUS four years...
- Research articles 2002-04-17
- GUS checks in Burberry shares and raises pounds 180m
- GUS, THE retail group, began the process of relinquishing control over Burberry yesterday by announcing plans to reduce its holding in the luxury goods chain from 77.5 per cent to 67.5 per cent, raising pounds 180m in the process. The proceeds from the sale will be used...
- Research articles 2003-11-20
- GUS gives investors details of Burberry demerger
- GUS, the UK retail and services group, finally unveiled details of its long-anticipated demerger of the fashion company Burberry yesterday. Shareholders will receive 305 Burberry shares and 859 new GUS shares next month for every 1,000 old ones they own. The move, which is...
- Research articles 2005-11-18
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