What is Mike Ashley’s Frasers Group up to?
Mike Ashley’s Frasers Group (FRAS) has recently purchased non-controlling shares in a number of British retailers, from fast-fashion brands Boohoo (5%), ASOS (17%) to consumer...
Estee Lauder buys designer brand Tom Ford
Luxury cosmetics firm Estee Lauder will buy designer fashion house Tom Ford in a deal worth £2.4bn, the company has announced. The deal would be...
Debenhams prepares to seek new owners via a sale of the business
Debenhams is reportedly pushing forward with a plan that could see a change of hands after retailer fell into administration for the second time within...
Next to takeover Victoria’s Secret UK franchise
Next has reportedly been chosen as the “preferred” UK franchise partner for Victoria’s Secret the world’s largest lingerie brand and has agreed an outline deal...
Boohoo.com buys Oasis and Warehouse brands for £5.25million
The fast-fashion internet retailer Boohoo has revealed a deal to buy the online businesses of collapsed chains Oasis and Warehouse for £5.25 million. Boohoo who...
Google to buy FitBit, The biggest independent wearables company
Google’s parent company Alphabet is reportedly in talks to buy wearable device firm Fitbit. The acquisition would allow the US technology giant to enter a crowded market for fitness...
LK Bennett to take over by it’s Chinese Supplier.
A Chinese supplier to LK Bennett has stepped into the battle to buy the chain from administrators. ...
Billionaire retail mogul Philip Day to buy struggling clothing chain Bonmarché for £5.7m
Billionaire retail mogul Philip Day is set to buy struggling clothing chain Bonmarché in a deal valuing the business at just £5.7m.Edinburgh Woollen Mill owner...
Debenhams rejects Mike Ashley’s bid
Debenhams has dismissed a bid for its Danish stores from Mike Ashley as it confirmed plans to raise £200m in fresh loans in a deal...
River Island takes control of Mint Velvet in excess of £100m
The family behind the River Island clothing chain has taken control of Mint Velvet, the fashion label founded by three former Principles executives, in a...