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News-In-Brief
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British…
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Economy
M&S boss calls tax rises ‘the easy way out’ ahead of budget
M&S CEO Stuart Machin has accused chancellor Rachel Reeves of “taking the easy way out” amid reports she is considering…
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News-In-Brief
Today’s news in brief-22/10/24
Mulberry’s board has backed Challice, the majority shareholder, in rejecting Frasers Group’s increased £111m takeover bid. Challice made it clear…
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Luxury Goods
Mulberry board backs decision to reject Frasers bid
The board of Mulberry has backed the decision by majority shareholder Challice to reject the improved £111m takeover bid from…
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News-In-Brief
Today’s news in brief-21/10/24
Frasers Group has agreed to sell its 20.3% stake in N Brown for £191m to Falcon 24 Topco Limited, owned…
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Features
What does Shein’s potential IPO mean for the company and its competitors?
Chinese fast-fashion retailer Shein has reportedly been mulling launching an Initial Public Offering (IPO) on the London Stock Exchange for…
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Clothing & Shoes
Bruno Cucinelli revenues hit €920m
Bruno Cucinelli has revealed that its revenues have hit €920.2m (£767m) for the nine months ended 30 September 2024, an…
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News-In-Brief
Today’s news in brief-18/10/24
Boohoo’s CEO, John Lyttle, is stepping down after five years, as the company embarks on a strategic review and secures…
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Clothing & Shoes
Boohoo CEO to leave amid strategic review and new debt deal
Boohoo has announced that its CEO John Lyttle is set to step down after five years in the role. He…
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News-In-Brief
Today’s news in brief-17/10/24
N Brown has agreed to a £191m takeover by Falcon 24 Topco, a company led by Joshua Alliance, a member…
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