Browsing: luxury retail News
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 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 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…
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…
The appointment of Joshua Schulman as Burberry’s new CEO marks a pivotal moment. As the previous Michael Kors CEO, Schulman faces the challenge of reviving Burberry’s…
Luxury fashion retailer Matches has announced its final steps in closing operations.The shutdown includes the termination of its website by 30 June and closure of stores…
Laura Brown has been appointed as the new CEO of Aspinal of London, bringing extensive experience in luxury retail.Brown previously held the position of retail director…
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editor@financial-news.co.uk.
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