British-based online marketplace and retailer, Wolf and Badger, which has stores in London and New York has completed a 4.5 million pound fundraise from Guinness Asset Management EIS Fund, which the retailer states will be used to “accelerate” growth. Recognised as a go-to place for independent designer […]

New York – Monsoon Accesorize, the parent company of the British accessories and fashion chains has brought in Deloitte advisers to look into options to speed up their financial turnaround. Amongst other options considered, the retail group is said to be looking into a possible Company Voluntary Arrangement […]

JD Sports has bucked the trend of the UK’s harsh retail environment, posting an almost-doubled revenue in its latest results for the 52 weeks to February 2. The sports retailer’s revenue was up 49.2 percent to 4.7 billion pounds for the period compared to the year before, with profit before tax increasing […]

Mike Ashley’s Sports Direct is reportedly set to close its packing facility in Wigan, Greater Manchester on June 13, resulting in 300 job losses. Workers from the Wigan warehouse were informed of the news on Monday, according to the Guardian, with a source telling the British news publication that the […]

Margiela owner Only The Brave, best known as OTB, is looking to acquire some new brands as the company's cash flow is growing. Business of Fashion has reported that the company is looking to invest 200 million euros over the next three years, most likely acquiring other brands. In addition to Maison […]

All the speculation that someone was trying to buy Moncler was put to rest this morning by the Financial Times who reported that no one has asked to buy Moncler, with their CEO, Remo Ruffini, saying he would like to see what happens with the company in the next three or four years. “It would seem to […]

Sportswear brand Asics has reopened applications for its Tenkan-Ten global growth catalyst programme to help sports and wellbeing start-ups reach their full potential. The accelerator programme returns for a second year in partnership with IESE Business School and is looking for growth stage start-ups […]

British sports retailer JD Sports has received backing by shareholders to press ahead with its 90 million pound takeover bid of smaller rival Footasylum. In a statement released on Friday, JD Sports said it received acceptance for its 82.5 pence per share offer by 92 percent of shareholders, adding […]

Bonmarché has said that a takeover bid made by Edinburgh Woollen Mill owner Philip Day “materially undervalues" the retailer and "its future prospects.” Earlier in April, Day bought a 52.4 percent stake in the retailer via his Dubai-based investment vehicle, Spectre, triggering a mandatory takeover […]

LK Bennett’s Chinese franchise partner Byland UK has bought the British fashion and accessories brand for an undisclosed sum after it fell into administration in March. Rebecca Feng, who runs Byland UK, bought the UK, Irish and wholesale division of the company late on Thursday, following weeks of speculation […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ