Potential bidders for Costa Coffee have begun to fall away, with private equity firm KKR withdrawing its interest in acquiring the chain from CocaCola. The decision comes just days before
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Billionaire Sir Jim Ratcliffe has sold his iconic British leather jacket brand Belstaff to sportswear manufacturer Castore, underscoring a decisive step back from the broader ambitions of his Ineos conglomerate.
The venerable British retailer WH Smith has reduced the sale price of its high street business by £12 million following deteriorating trading conditions. The FTSE 250 company’s shares tumbled by
WH Smith’s iconic high street presence, a staple of British towns for over two centuries, is nearing its end as the retailer prepares to sell its struggling high street business.
