Administration
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Oct- 2024 -21 OctoberNews-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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21 OctoberClothing & Shoes
Hotter Shoes to increase UK production
Hotter Shoes’ new owner, WoolOvers, reportedly has plans to increase the number of products it makes within the UK to…
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7 October
Today’s news in brief-7/10/24
Mulberry founder Roger Saul has suggested that luxury retailer Mulberry might be a better fit with European luxury group LVMH…
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7 OctoberDIY
Carpetright owner takes £11m hit from The Floor Room administration
Figures from Companies House show that Carpetright owner Nestware has taken a £10.8m hit as a result of the closure…
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Sep- 2024 -16 SeptemberClothing & Shoes
Proposed US tax changes will not hurt competitive edge, Shein says
Government plans to close a loophole in the US that allows low-value shipments to enter the country duty free will…
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13 SeptemberNews
Today’s news in brief-13/9/24
Logistics UK warned that new EU fingerprint and facial recognition checks for non-EU passengers at Dover could cause delays, impacting…
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13 SeptemberClothing & Shoes
Hotter Shoes acquires German retailer Peter Hahn
Hotter Shoes owner Wourth Group has announced it has acquired German retailer Peter Hahn out of administration. The investment into…
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9 SeptemberNews
Today’s news in brief-9/9/24
Asos has declined a £215m bid for Topshop from Shein and Authentic Brands Group, choosing instead to proceed with a…
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9 SeptemberHealth & Beauty
Auréa completes Body Shop rescue deal
Auréa, the growth capital firm co-founded by Mike Jatania and Paul Raphaël, has completed its acquisition of The Body Shop.…
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6 SeptemberNews
Today’s news in brief-6/9/24
Burberry, a fixture in the FTSE 100 for the past 15 years, has been demoted to the FTSE 250 following…
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