In the news this morning, Sports Direct tycoon Mike Ashley issues a warning about the Christmas slowdown gripping the high street after an ‘unbelievably bad’ November. He also launches an extraordinary attack on Debenhams, and updates on the headway he has made with House of Fraser since taking ownership in August.
Elsewhere, Starwood secures a £250m deal on London’s Southbank and further afield, there is news of Apple’s unyielding US property expansion and a new $5bn China distressed property venture.
Warburg Pincus launches $5bn China distressed property venture
Starwood buys development on London’s South Bank
Texas gets call to host Apple’s new $1bn campus
‘Fantastic’ House of Fraser dents Sports Direct profits
Debenhams is refusing my money, complains Ashley
