All Mergers & acquisitions articles – Page 2
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News
JD Sports profits and sales have jumped as acquisitions power international growth
JD Sports boss Régis Schultz has hailed the brand’s international acquisitions and ability to “outperform the market” as it delivered record interim results.
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News
Mulberry has rejected a takeover bid from Mike Ashley’s Frasers Group
Mulberry has rejected the £83m takeover bid proposed yesterday by Mike Ashley’s Frasers Group.
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News
Frasers Group has made a bid for struggling Mulberry to avoid ‘another Debenhams situation’
Frasers Group has made a surprise takeover bid for luxury handbag and accessories brand Mulberry in what it called an attempt to avoid “another Debenhams situation”.
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News
The Body Shop CEO says brand is on its way back, starting with Spain and Portugal
The Body Shop chief executive says the brand is on its way back “market by market” as it rebuilds franchises in Spain and Portugal after a string of international closures.
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News
Potential buyers in talks for Kurt Geiger include a private equity firm
Private equity firm Alteri Investors has been named as one of the parties mulling bids for luxury footwear and accessories brand Kurt Geiger.
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News
Bravissimo has been snapped up by a lingerie and swimwear manufacturer
Lingerie retailer Bravissimo has been acquired by underwear and swimwear manufacturer Wacoal Europe.
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Frasers to open 12 new stores in Europe as part of latest acquisition
Frasers is set to open 12 new stores in Belgium, the Netherlands and Luxembourg (Benelux) as it announced a series of strategic acquisitions and partnerships to boost international expansion.
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News
Hotel Chocolat has named a new chief executive after being acquired by Mars
Hotel Chocolat has promoted its UK managing director and group marketing officer Lysa Hardy to the role of chief executive officer after the retailer was bought out by confectionery giant, Mars in a £534m deal at the end of last year.
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News
The Body Shop has been rescued
More than 100 Body Shop stores have been rescued from shuttering after a rescue deal was struck for the struggling chain.
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News
Asos rejected a higher bid for Topshop from Shein and ABG
Asos sold its 75% stake in the Topshop and Topman brands to Heartland for £135m despite receiving a higher offer from fast-fashion juggernaut Shein and Authentic Brands Group (ABG).
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News
The Body Shop buyer has lined up working capital deal
The expected purchaser of The Body Shop is in advanced discussions to secure new financing as a deal nears.
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Analysis
Asos boss on Topshop’s potential return to the high street and making the brand ‘accessible and exciting’ again
Asos surprised the City this morning with the announcement that it had offloaded a majority stake of the iconic Topshop and Topman brands to Heartland, a holding firm of Danish fashion giant Bestseller.
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Asos has sold a majority stake in Topshop and Topman brands
Online fashion giant Asos has today announced a new joint venture with Heartland, the holding company of Danish fashion retailer Bestseller, to sell a majority stake in the Topshop and Topman brands.
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News
Mountain Warehouse snaps up US sports brand in $10m rescue deal
Outdoor specialist retailer Mountain Warehouse has bought US-based Eastern Mountain Sports (EMS) in a $10m (£7.6m) rescue deal.
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News
Hobbycraft has been acquired by Modella Capital
Modella Capital, which has backed chains including Paperchase, Tie Rack and Ted Baker’s UK licensing partner No Ordinary Designer Label (NODL), has acquired arts and crafts retailer Hobbycraft.
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News
Frasers Group snaps up a stake in a retail and distribution group Down Under
Frasers Group has bought a 14.65% stake in Australia and New Zealand-based retail and distribution business Accent Group.
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News
Hobbycraft in advanced talks with retail investor over potential sale
One of the UK’s largest arts and crafts retailers Hobbycraft is in advanced talks with specialist investor Modella Capital over a potential sale.
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News
Topps Tiles has completed acquisition of CTD Tiles out of administration
Topps Tiles has today completed the acquisition of the brand and “certain assets” of CTD Tiles out of administration.
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News
Victorian Plumbing plans to shutter the rival firm it bought only months ago
Victorian Plumbing has told staff at the rival firm it bought just months ago that it’s shuttering the business and putting over 100 jobs at risk, Retail Week can reveal.
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News
Asda staff survey leaves the grocer facing a new confidence crisis
The results of an Asda staff survey have left the supermarket giant facing a fresh crisis with less than half of its employees having confidence in the retailer’s long-term strategy.