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...
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...
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...
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...
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