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Trouva halts trading as it explores sale of business

Online marketplace Trouva has halted trading while it explores the possibility of selling the business, Sky News has reported.  According…

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Next lifts FY profit guidance despite autumn sales drop

Next has raised its full-year profit guidance for the fourth time this year, despite weekly sales falling by 7% in…

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How the FatFace deal lines up with Next’s aggressive acquisition strategy

This year has been a year full of big mergers and acquisitions and October has continued in that vein. The…

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Today’s news in brief-12/10/23

Next is reportedly in the final stages of acquiring clothing brand FatFace in a deal worth over £100 million. This…

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Next nears £100m FatFace takeover deal

Next is reportedly nearing a deal to acquire FatFace as part of its latest takeover move, in a deal that…

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Neptune appoints Will Kernan as chairman

British interiors and lifestyle brand Neptune has appointed Will Kernan as its chairman. Kernan joins Neptune’s senior leadership team to…

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Retail insolvencies rise by 56% to record high

The number of retail business insolvencies jumped 56% in the past year to hit 1,942, up from 1,243 in 2021/22,…

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Heal’s flagship refurb is ‘a step towards commercial viability’

With Habitat having been acquired by Sainsbury’s early on in 2021 and seeing how Next also bought the scraps leftover…

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Next acquires Cath Kidston for £8.5m with job losses expected

Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job…

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Next eyes Cath Kidston acquisition

Next is reportedly in advanced talks to rescue the Cath Kidston brand, in a move that would further expand its…

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