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The Latest Breaking News from John Hargreaves

In the 1960s, New Zealand sheep farmers expanded wool production as the industry flourished. Years later, growing global demand for natural fibres and rising synthetic fabric costs produced an unexpected comeback, making wool profitable again after years of decline

The wool industry in New Zealand is bouncing back after enduring decades of challenges. An increase in synthetic fabric costs has sparked global interest in natural wool fibers. Notable international brands are now collaborating with New Zealand farmers, contributing to recent wool auctions that achieved the highest prices in fifteen…

The Economic Times

After decades of decline, New Zealand’s wool industry is making a comeback

Forty years ago there were more than 22 sheep to every New Zealander, but wool prices and production declined with the uptake of synthetic alternatives

The Guardian - AU

‘We don’t want golf just to be for retired guys … it’s for everyone’: Nigel Oddy of American Golf

A post-lockdown surge in interest in the sport should help diversify the clientele both on the greens and in golf shops, says the retail veteran

The Guardian - UK

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Man deliberately drives into a home and crashes into a police station in New Jersey, police say

Authorities say a New Jersey man deliberately drove his SUV into a home and the offices of a municipal police department last week

The Independent UK

Matalan secures extra £25m to fund growth ambitions

Matalan was founded by John Hargreaves

Birmingham Post

Huge Edinburgh Matalan store to shut as company admit 'market challenges'

The Seafield Road shop is the latest loss for the city, after both TK Maxx and Marks and Spencer announced they would be closing their Meadowbank outlets last week.

Edinburgh Live

Matalan chairman departs after takeover of fashion retailer completes

A group of Matalan's lenders have taken control of the business

Birmingham Post

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Economists warn of global recession danger ahead of World Economic Forum at Davos – as it happened

Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the US

The Guardian - UK

John Hargreaves to lose control of Matalan as takeover deal agreed

Matalan had put itself up for sale in September

Liverpool Echo

Lenders agree to takeover of fashion chain Matalan

Matalan put itself up for sale in September 2022

Birmingham Post

Matalan set to be 'taken over by financial lenders within the next two weeks'

It is also understood that the lenders could reportedly finalise the takeover deal within the next fortnight.

Daily Record

Guillermo Del Toro’s Pinocchio to Cow: the seven best films to watch on TV this week

The multi Oscar-winning director serves up a wonderfully dark take on the puppet boy who wants to live, while the life of a dairy cow is turned into a moving and beautiful documentary

The Guardian - UK

Matalan founder in talks with Waterstones owner to fund takeover bid

Matalan was founded by John Hargreaves in 1985 and put itself up for sale towards the end of last month

Liverpool Echo

Waterstones owner in talks to back Matalan takeover bid by John Hargreaves

Matalan was founded by Mr Hargreaves in 1985

Birmingham Post

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Liverpool Echo

Matalan put up for sale as it hires former boss of New Look and The Range

Nigel Oddy has also held roles at House of Fraser, Furnitureland, Blacks Leisure and M&S

Birmingham Post

Matalan put up for sale as it hires former New Look CEO

Founder John Hargreaves is set to take part in the sales process and has stepped down as chairman

Manchester Evening News

Inside the huge £15 million mansion in Cheshire's 'golden triangle' where heir of Matalan once lived

The Grade II listed home boasts its own 'outstanding' leisure complex

Birmingham Post

Matalan founder John Hargreaves returns as chairman

Matalan was founded in 1985

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Liverpool Echo

Matalan founder John Hargreaves loses multi-million pound tax avoidance battle

The long-running battle has ended in defeat at Britain’s top tax court

Birmingham Post

Matalan founder John Hargreaves loses court battle with HMRC over tax bill of up to £135m

He has three weeks to take the case to the Court of Appeal.

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