Mulberry Group (MUL) has warned that profits could take a £3million hit as a result of flagging UK sales, particularly in House of Fraser, where it operates 21 concessions and which is being restructured by new owner
KPMG has been fined £3million by the accountancy watchdog for misconduct in relation to audits of fashion retailer Ted Baker (TED)
Royal Mail (RMG) boss is humiliated in another pay row as concerns grow that he is involved in too many companies
– £100million wiped off Mulberry Group (MUL) value as luxury handbag maker takes a battering in House of Fraser crisis
Countrywide (CWD) scraps pay incentive plan which would have seen bosses pocket £20m
SMALL CAP SHARE IDEAS: Central Asia Metals (CAML) offers ‘solid’ track record despite copper price weakness. Broker Mirabaud called Central Asia’s most recent production numbers ‘very solid’, while VSA Capital talks of the ‘successful transition’ of Sasa into the enlarged group.
