Morgan Stanley
This coverage analyses Morgan Stanley’s research, forecasts, and advisory activities as they relate to the UK retail sector. Reporting covers investment outlooks, consumer spending analyses, market valuations, and strategic insights offered by the firm that impact retail decision-making. Retail executives, financial managers, and strategists can use this content to understand broader economic signals and investor sentiment shaping the retail landscape.
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Jul- 2024 -31 JulyOnline & Digital
Vinted targets $5bn valuation with latest share sale
Online marketplace for second hand goods, Vinted, has reportedly launched a share sale that could value the business at as much as $5bn (£3.9bn), Sky News has revealed. It comes as a secondary stock offering was announced this month to investors. This would involve existing shareholders offloading part or all…
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May- 2024 -7 MayNews
Today’s news in brief
The latest BRC-KPMG Retail Sales Monitor reveals a 4% year-on-year decrease in total UK retail sales for April. Non-food sales dropped by 2.8% over the three months to April compared to a growth of 1.2% in 2023. Food sales saw a 4.4% increase over the same period, although this is…
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7 MayDepartment Stores
Mike Ashley settles lawsuit against Morgan Stanley
Mike Ashley’s Fraser’s Group has dropped a $50bn (£40bn) lawsuit against Morgan Stanley, with no money exchanged by either parties, after the retail tycoon accused the bank of “snobbery” over a nearly $1bn (£797m) margin call. In a statement to The Financial Times, Morgan Stanley said: “Frasers Group plc and…
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Feb- 2024 -13 FebruaryNews
Today’s news in brief-13/2/24
Yodel has been rescued by rival company Shift, marking a significant development in the logistics sector. Yodel, acquired by YDLGP Limited, backed by Shift and other investors, is set to merge with Shift, known for successfully revitalising the Tuffnells brand. The merger aims to create a robust logistics platform catering…
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13 FebruaryClothing & Shoes
Frasers ups stake in N Brown to 20%
Frasers Group has revealed it has increased its stake in fashion retailer N Brown to 20%, according to the latest holding documents filed by the company. The pure play retailer’s brands include Jacamo, Simply Be and JD Williams and was founded in 1859 in Manchester – where its headquarters remain…
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Oct- 2023 -26 OctoberNews
Today’s news in brief-26/10/23
Majestic Wines has marked a significant milestone by opening two new stores in one week, a feat not accomplished in a decade. The first store, located in Chippenham, was reopened four years after its closure by previous management. The second, the largest in Wales, is the second-largest in the company’s…
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26 OctoberClothing & Shoes
Vinted considers €200m share sale
Second-hand online marketplace Vinted is considering a secondary share sale of more than €200m (£174m) as it aims to be at the forefront of a sustainable fashion boom, according to the Financial Times. According to the report, Vinted is working with Morgan Stanley to consider options for its capital structure…
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9 OctoberNews
Today’s news in brief-09/10/23
Frasers Group CEO Michael Murray has announced a significant shift away from the traditional department store model for House of Fraser. Murray aims to “rethink the space” by incorporating Frasers Group’s own brands and potentially phasing out the House of Fraser brand altogether. This transformation seeks to address previous issues,…
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9 OctoberHealth & Beauty
Natura sets final bid deadline for The Body Shop
Body Shop owner Natura and Co has announced that interested parties have to submit their final bids by 23 October 2023, according to Retail Week. It revealed that Morgan Stanley will be handling Body Shop’s sale on behalf of Natura and Co and has set a final deadline to get…
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6 OctoberNews
Today’s news in brief-06/10/23
Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As part of its Phoenix strategy, the company plans to increase investments to enhance revenue growth, brand desirability, and expand its store network. This includes positioning itself as an affordable luxury…
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