The war of words between Sports Direct and Debenhams heated up on Monday as Sports Direct delivered strong criticism of Debenhams' board at 7am, later coming back with a shock announcement that it could make a full bid.
Another week, another likely UK fashion brand going under. Liam Gallagher's label Pretty Green is expected to appoint administrators in the week starting March 25 as the weak retail environment claims its latest victim.
Ted Baker reported lower profits on Thursday, despite its revenue rising in the year to January 26. Its e-tail operation was buoyant and it stayed generally upbeat, but it's clear the company is facing challenging times.
It may seem like Mike Ashley has enough on his hands at the moment, between running House of Fraser, his Debenhams ambitions, and the other chains he has acquired. But it seems he's also interested in buying LK Bennett.
The embattled UK retail industry was dealt another blow on Friday after news emerged that Arcadia is considering a restructuring process which could result in significant store closures and job losses.
Debenhams issued a very short statement on Monday saying that it was in talks on its financing needs. But it spoke volumes in terms of the retailer’s determination to rebuff attempts by Mike Ashley to take control.
John Lewis may have been through a hugely challenging year for general sales and profits but its fashion ops are powering ahead and it has a war chest of £1.5bn that should see it through the tough times to come.