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Sports Direct increases stake in Debenhams to 11.2 percent

Sports Direct has purchased an additional 4.6 percent stake in department store groupDebenhams, spending approximately 33 million pounds on 56 million shares. The sportswear retailer now holds a 11.2 percent stake in Debenhams. Earlier this year Sports Directs purchased a 4.6 percent stake in Debenhams, which the retailer then sold at a profit a...

Fashion

Lidl to launch discount fashion

German discount retailer Lidl is getting into the fashion game with the upcoming launch of its first fashion collection. From next week Monday, August 25, Lidl will offer its womenswear collection in stores across the country, which includes a faux leather jacket for 14.99 pounds, stretch jeans, in both skinnyand regular fit for 6.99 pounds and...