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Fashion
Frasers Group acquires assets from MatchesFashion
Frasers Group bought out parts of MatchesFashion from administration. The deal did not include the stock worth £80 million or the remaining 250 employees.
The Sports Direct founder Mike Ashley's retail group, controlled by Ashley, 59…
Burberry shares plunged, making it a target for takeover.
City analysts warn that Burberry faces a takeover after it lost a fifth of its worth since the beginning of the year.
A profit warning by Burberry’s Paris-listed competitor Kering which owns Gucci triggered a fall in the shares of the…
Asos will take the ‘necessary action’ following a 18% decline in sales
Asos said it would take "necessary action" to turn around its fortunes, after the fast-fashion retailer's losses in the first half widened. Sales also fell by almost a fifth.
In the six-month period ending 3 March, sales were down 18% on…
Next, Frasers Group is looking at the stricken Ted Baker
Two of the biggest retail groups in Europe have expressed interest in buying Ted Baker's European retail business.
Frasers Group led by Mike Ashley and Next led by Lord Wolfson, Aspley Guise have contacted administrators of Teneo…
Shein is considering a London listing if the US IPO is blocked due to ties with China
Shein will consider London as a backup option for a massive flotation if US authorities block its preferred choice of a New York IPO due to its ties with China.
The Singapore-headquartered company has pitched the UK as an alternative…
How Burberry misreads the market with its £2,500 handbag
Burberry's holiday advertising campaign featured images of dogs, ducks and a luxury blue leather handbag. It was placed next to an old knight's glove.
Daniel Lee, Burberry's new creative director, had high hopes for the knight bag when…