Austria

Selfridges co-owner admits £4bn price was ‘too high’

Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…

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Today’s news in brief

Saudi Arabia’s Public Investment Fund (PIF) is looking to significantly increase its stake in Selfridges. Currently holding 10%, PIF has…

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Saudi wealth fund looks to up Selfridges stake to 50%

Saudi Arabia’s Public Investment Fund has reportedly made an offer to raise its stake in Selfridges from 10% to 50%,…

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Castore agrees Umbro Pro Team Sports license

Castore has announced it has completed a deal with Umbro licensee, GL Dameck to sign an exclusive Umbro Professional Team…

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Today’s news in brief-18/3/24

The Saudi PIF, along with Kering, is reportedly eyeing a stake in Selfridges as the store’s co-owner, Central Group, faces…

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Saudi PIF and Kering eye Selfridges stake

Saudi Arabia’s Public Investor Fund (PIF) and Gucci owner Kering are reportedly considering a stake in luxury department store Selfridges…

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Today’s news in brief-22/2/24

Taxpayers are expected to cover millions in redundancy payments for laid-off staff at The Body Shop as the company undergoes…

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Pepco to cease Austrian operations

Pepco Group has announced that it is set to cease its operations in Austria as it does not foresee that…

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Discount Dragon acquires Motatos UK

Online discount supermarket Motatos has been acquired by the parent company of Discount Dragon for an undisclosed sum.  The news…

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Pepco continues international expansion

Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner…

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