Image via WikipediaAs my nephew gets ready to start his new career in The City, it is de rigeur to visit TM Lewins during one of their sales with their famous 4 for £100 shirt deal. The manager at the new TM Lewin shop in Cambrdige is young and very helpful so I also buy a 4 shirts of my daughter’s wedding festival weekend. They can be passed to the nephew!
Good to read that TM Lewin was bought by its management two years ago for £35m and remains 80pc owned by the management and HBOS. So will they go on a buying spree and develop an Equity Fingerprint, the business plan resource, by issuing shares for shares in other companies or with a rights issue? There will be some rich pickings in the depressed retail sector.