05 August 2026
05 August 2026
One option would allow affected merchants to suspend loan repayments for up to a year.
American Eagle Outfitters CEO Jay Schottenstein will receive the National Retail Federation's Visionary 2027 award, one of US retail's top accolades.
The US business was the primary driver of growth, with net revenue climbing 8.7% year-on-year (YoY) to $3.12bn.
If the deal proceeds, it would end Sycamore's 13-year stewardship of the retailer.
A new GlobalData report suggests the UK retail market is becoming more resilient but increasingly polarised.
The Telegraph reported that the revised approach was turned down following months of talks, leaving the possible acquisition uncertain.
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