Laura Ashley rejects Flacks Group’s acquisition offer
Laura Ashley's board of directors has announced that it will not engage in any deal with private investment company Flacks…
All articles by Gujjarlapudi Satish
Gujjarlapudi Satish
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Emaar Malls buys 49% stake of Namshi
Emaar Malls has completed an acquisition of the remaining 49% stake in fashion e-commerce retailer Namshi from Global Fashion Group (GFG).…
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Aldi expands UK operations with £50m distribution centre in Kent
Aldi has reportedly expanded its operations by opening a new distribution centre in Kent, UK. With an investment of £50m,…
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Payless receives board approval for DIP financing
US discount footwear retailer Payless ShoeSource has received approval from its board of directors to seek court approval of up…
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UK’s Angling Direct buys fishing tackle retailer Chapmans Angling
British specialist fishing tackle and equipment retailer Angling Direct has completed the acquisition of Chapmans Angling for £1.40m ($1.85m). The…
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eCargo Holdings buys 85% stake of Metcash’s China business
E-commerce solutions firm eCargo Holdings (ECG) has completed the acquisition of an 85% stake in Australia-based Metcash’s China business. The…
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Stellar Partners agrees to buy Pacific Gateway Concessions in US
North American airport retailer Stellar Partners has reportedly signed an agreement to buy Pacific Gateway Concessions (PGC). The deal will…
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Carrefour signs pact to phase out plastic packaging by 2025
French supermarket chain Carrefour has signed the national pact to phase out plastic packaging across its stores by 2025 at…
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Woolworths starts expansion of Adelaide distribution centre
Australian supermarket chain Woolworths has commenced the construction of a $57m expansion project at its Adelaide Regional Distribution Centre (ARDC).…
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HBC to close Home Outfitters and 20 Saks OFF 5TH stores
Canada-based retailer Hudson’s Bay Company (HBC) is set to close its Home Outfitters business in the country this year. The…