Browsing: luxury retail News
The property portfolio of Selfridges, valued at £3.1 billion, has seen a dramatic decline. The decrease stands at £638.6 million, marking a 20.6% drop.This reduction is…
End Clothing has recently been acquired by Apollo, marking a new chapter for the fashion retailer.This strategic move comes amidst efforts to address financial challenges and…
Saudi Arabia’s Public Investment Fund (PIF) has strategically expanded its footprint in global retail by acquiring a significant stake in Selfridges.In an assertive move to bolster…
Mytheresa, a leading entity in luxury retail, has embarked on a transformative journey by acquiring Yoox Net-A-Porter (YNAP) from Richemont, valued at €555 million (£465 million).…
The board of Mulberry has unexpectedly rejected an £83 million takeover bid from Frasers Group, signalling confidence in its strategic direction.Mulberry believes its new leadership under…
Frasers Group has made a significant move to acquire the luxury retailer Mulberry, amid concerns over the latter’s financial health noted in a recent audit. The…
Selfridges has taken a significant step in enhancing its retail strategy by launching sponsored products in collaboration with Criteo. The move aims to modernise its digital…
Selfridges has forged a strategic alliance with Criteo, unveiling sponsored products to enrich consumer experiences.This collaboration marks a significant step in leveraging technology to drive personalised…
Selfridges, a renowned luxury department store, is set for a significant change in its executive leadership this autumn with Andrew Keith stepping down as CEO.Keith, who…
LVMH-backed L Catterton has strategically reshaped the landscape of designer outlets by acquiring a substantial stake in Value Retail. The deal involves buying Hammerson’s 42% share…
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