Belgium

Vinted eyes expansion beyond clothes amid €340m secondary share sale

Vinted has closed a secondary share sale of €340m (£283.5m) at a valuation of €5bn (£4.17bn) and is now looking…

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Today’s news in brief-29/4/24

Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions…

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Ted Baker’s European arm faces collapse, 149 jobs at risk

The European arm of Ted Baker is reportedly at risk of entering administration with 149 roles at risk.According to Drapers,…

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Secret Sales acquires Germany’s Dress-For-Less

Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has continued its international expansion with the acquisition…

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The data challenges restricting FMCG companies from building customer relationships

To succeed in FMCG, brands must quickly decode consumer behaviour. However, brands must contend with the scarcity of first-party data…

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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-9/2/24

Retail giant Tesco has finalised the sale of its banking arm to Barclays in a £600m deal. The partnership aims…

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Waterstones pre-tax profits plummet amid tech issue

Waterstones revealed that pre-tax profits fell to £11.2m in the year ending 29 April 2023 from £50.6m reported last year,…

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Asda acquires EG Group’s UK business for £2bn

Asda has completed its acquisition of EG Group’s UK business in a deal valued at £2bn.  The move has seen…

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Secret Sales acquires Spanish online fashion retailer Dreivip.com

Secret Sales has announced the acquisition of Dreivip.com – the Spanish discount retailer – for an undisclosed sum. Secret Sales…

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