Intu Milton Keynes is the latest shopping centre belonging to the failed malls giant to change hands with the property having been taken over by a new asset manager, Ellandi.
FatFace Group has announced the completion of comprehensive refinancing agreement that also sees control passing to its lenders and the departure of its chairman.
Fresh from naming Next its new intimates licensee, Ted Baker has added Baird Group as it licensee for men’s formalwear as it works to improve the speed and efficiency of its menswear ops.
Resale e-tailer Poshmark has unveiled its plan to file for an initial public offering, although few details are available at present. It operates in the US and Canada and has attracted a number of celebrity investors.
The 113-year-old retail group has eliminated over $4 billion of its existing debt and announced a new board of directors with former executives from LVMH and Ebay.
French footwear business Royer has begun discussions with employee representative bodies, struck by the coronavirus crisis and in the wake of its license with New Balance not being renewed.
Few designers have had as remarkable a career as Giorgio Armani. His unique fashion history was the subject of a hagiographic video that preceded the presentation of the latest collection by Italy's most famous designer.
Few new brands are quite so out there in Milan these days as GCDS, a reverse immigrant story, that staged what it termed an “electronic bonanza,” to round off Thursday night’s action in Milan Fashion Week.
As Boots kicks off its franchise deal with Mothercare, the mother and baby products brand also reported its latest set of results. And the figures show a company going through big change.
Struggling UK footwear giant Clarks could be about to strike a deal to sell a stake to a private equity company. And the sale could mean the end to more than two centuries of majority ownership by the founding family.
Boohoo Group announced the results of its independent review into its UK supply chain on Friday and while company failings were highlighted, it was generally well received and the firm’s shares surged.
As the Dallas, Texas-based department store operator emerges from bankruptcy, it has announced that it is reducing its retail workforce as part of a review of its business.
France's richest man Bernard Arnault ratcheted up a tug-of-war over Paris Match publisher Lagardere on Thursday, revealing he had built up a direct stake in the firm, which is under siege from several other investors.
U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd’s retail arm, giving the unit a pre-money valuation of 4.21 trillion rupees.
UK retail seems to be recovering in a very uneven way with some destination types recovering faster than others and local high streets faring better than city centres. Outlet malls in particular seem to be doing well.
United Arab Emirates
