TNAG Global acquires Norman’s Rare Guitars in US deal
US-based musical instrument retailer TNAG Global has bought Los Angeles-based Norman’s Rare Guitars. The price of the deal has not…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Saks Global to close most off-price stores amid bankruptcy process
Saks Global has outlined plans to close most of its off-price outlets as it restructures under Chapter 11, concentrating on…
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JPMorgan and Morgan Stanley top 2025 retail M&A advisory rankings
JPMorgan and Morgan Stanley have emerged as the leading mergers and acquisitions (M&A) financial advisers in the global retail sector…
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Amazon and luxury groups join Saks creditors panel – report
US-based retail giant Amazon, along with luxury groups Chanel and LVMH, have been named to a new creditors committee overseeing…
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Allbirds to shutter remaining US full-price stores by February 2026
US footwear retailer Allbirds plans to close all its remaining full-price shops in the US by the end of next…
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Aldi sets out £370m UK store expansion for 2026
Aldi plans to spend more than £370m ($511.78m) in 2026 to expand its supermarket network across the UK, as part…
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Original Factory Shop collapses into administration, putting 1,180 jobs at risk
The Original Factory Shop has fallen into administration, with around 1,180 roles now under threat as the chain grapples with…
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LVMH revenue slips in 2025 as currency swings and uneven demand weigh
LVMH has reported a drop in annual revenue in 2025, citing currency movements and softer demand in several markets amid…
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EU weighs Shein probe over illegal listings – report
Chinese fast-fashion retailer Shein may face scrutiny from EU regulators over illicit goods, though officials say blocking the platform is…
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Nike to reportedly cut 775 US warehouse jobs in automation push – report
Nike plans to eliminate 775 positions at its distribution centres in Tennessee and Mississippi, US, as it looks to improve…