British Shoe Corporation: Difference between revisions
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1956 Charles Clore consolidated all of the shoe brands that his [[Sears]] group had acquired in the British Shoe Corporation.<ref> The Times, Oct 03, 1956</ref> | 1956 Charles Clore consolidated all of the shoe brands that his [[Sears]] group had acquired in the British Shoe Corporation.<ref> The Times, Oct 03, 1956</ref> | ||
1960 Floated preferences shares in the main parts of the group as [[British Shoe Corporation]] Ltd and Sears Engineering Ltd, both of which were subsidiaries of Sears Holdings <ref>The Times, Sep 09, 1960</ref>. Subsidiaries were<ref> The Times, Sep 12, 1960</ref>: | 1960 Floated preferences shares in the main parts of the '''Sears''' group as [[British Shoe Corporation]] Ltd and Sears Engineering Ltd, both of which were subsidiaries of Sears Holdings <ref>The Times, Sep 09, 1960</ref>. Subsidiaries were<ref> The Times, Sep 12, 1960</ref>: | ||
* [[Freeman, Hardy and Willis]] Ltd | * [[Freeman, Hardy and Willis]] Ltd | ||
* [[Manfield and Sons]] Ltd | * [[Manfield and Sons]] Ltd | ||
Revision as of 14:02, 2 May 2018
1956 Charles Clore consolidated all of the shoe brands that his Sears group had acquired in the British Shoe Corporation.[1]
1960 Floated preferences shares in the main parts of the Sears group as British Shoe Corporation Ltd and Sears Engineering Ltd, both of which were subsidiaries of Sears Holdings [2]. Subsidiaries were[3]:
- Freeman, Hardy and Willis Ltd
- Manfield and Sons Ltd
- Dolcis Ltd
- Phillips Brothers Character Shoes Ltd
- Curtess Shoes Ltd
plus 19 insignificant subsidiaries
1962 Acquired Saxone, Lilley and Skinner, another shoe shop chain.
The Corporation comprised Trueform, Olympus Sport, Curtess, Dolcis, Manfield, Saxone, Lilley and Skinner, and Freeman, Hardy and Willis
1996 Sears sold FHM, Manfield, True Form, Saxone and Curtess to entrepreneur Stephen Hinchliffe and his business Facia. The remaining parts of British Shoe Corporation were sold by 1998, at an accounting loss of £150 million.