The latest news
Hotter owner Unbound mulls possible takeover by WoolOvers Group
Unbound Group is the latest stock exchange-listed UK business to consider a takeover offer that may be well above its market capitalisation based on its recent share price, but is still far below its all-time high.
Bluestar Alliance acquires bankrupt Scotch & Soda, some downsizing likely
Dutch fashion business Scotch & Soda has been acquired by Bluestar Alliance, the American brand management company, for an undisclosed sum, with the new owner believing it can attract new shoppers to the label.
In the Style £1.2m sale approved by shareholders, but almost 40% are against it
In The Style (ITS) must be breathing a sigh of relief with its shareholders narrowly approving its £1.2m sale to private equity firm Baaj Capital, avoiding an administration filing.
WBA revisits Boots sale plan as sales rise at the chain
Boots could be back on the auction block. Having removed the ‘up for sale’ tag last year, owner Walgreens Boots Alliance could be looking to offload or float the UK health & beauty giant later this year.
Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO
There’s a new leadership team at Matalan with the company announcing on Monday that Karl-Heinz Holland is now the company’s Chair and Jo Whitfield joins as CEO.
End of the online boom? Not for Millennials says ESW report
There's been a lot of talk post-pandemic about how e-tail growth has stalled and physical shopping has recovered. But many consumers remain heavily focused on e-commerce, and Millennials are most prominent among them.
UK Gen Z shoppers embrace VAT-free EU spending post-Brexit
The UK may have failed to offer the hoped-for Vat-free shopping for EU tourists post-Brexit, but British tourists are taking advantage of their ability to shop tax-free within the EU, and Gen Z is leading the charge.
Mary Portas weighs in as John Lewis controversy continues
JLP Chairman Sharon White is mulling bringing in an outside investor, but the idea has sparked a big backlash and at the weekend, a high-profile industry insider accused the retailer of losing sight of what’s important.
Acne Studios opens in the Miami Design District
Spanning 200-square-meters across two floors, the store opens with the brand’s latest spring/summer 2023 collection.
Footwear e-tailer Spartoo reports stable revenue despite tough fiscal 2022
In the last fiscal year, the French footwear e-tailer generated a revenue of €149.1 million, equivalent to a 0.8% downturn, while business volume contracted by 1.9%.
Dr Martens appoints Harrison non-exec
Andrew Harrison looks to be the right man for the Dr Martens board vacancy for an Independent Non-Executive Director.
M&S spring style campaign puts bigger focus on men's and kidswear
M&S has unveiled its spring style marketing campaign and it’s interesting that the company said the campaign “has an upweighted focus on kids and menswear".
Sports Direct owner mulls buying France's Go Sport
One of the UK’s most acquisitive companies as far as distressed brands are concerned — Frasers Group — is mulling the purchase of France-based Go Sport out of insolvency.
Sports Direct opens "most advanced store to date"
It’s Frasers Group’s third and newest Sports Direct UK flagship and it’s set to be “the pinnacle” of the brand’s retail offer, as well as “the most advanced store to date”.
Hai to open pop-up in London's Shoreditch
London-based womenswear label Hai opens its first UK pop-up shop in the heart of Shoreditch. The London-based clothing and accessories brand Hai is to open a six-week pop-up store on Shoreditch’s Calvert Avenue.
H&M x Mugler: First look at May collab
H&M has shared more details of its Mugler collab that will be launching in May with the company, calling it a "landmark partnership" via a collection helmed by Mugler’s creative director Casey Cadwallader.