Peacocks saved from administration by international consortium
UK-based fashion retailer Peacocks has been bought out of administration by an international consortium led by its former chief operating officer, Steve Simpson.
Acquisition
SK Group acquires stake in VinCommerce for $410m
South Korean conglomerate SK Group has agreed to acquire a 16.3% stake in Vietnam-based retail...
Reliance extends deadline of acquisition of Future Retail
Reliance Retail Ventures (RRVL), the retail business of Reliance Industries (RIL), has extended the deadline for the proposed acquisition of...
Amazon acquires Indian retail technology start-up Perpule
Amazon Technologies has acquired India-based retail technology start-up company Perpule in an all-cash deal.
Carrefour Brazil to buy Grupo BIG from Advent International, Walmart
Multinational retail corporation Carrefour Brazil has agreed to acquire Brazilian food retailer Grupo BIG from Advent International and Walmart.
A-Mark acquires JM Bullion for $138.3m
US-based precious metals trading firm A-Mark has acquired precious metals e-commerce platform JM Bullion (JMB). Last month, A-Mark reached a definitive agreement to purchase JMB, of whose issued and outstanding…
Will Toys R Us see a revival following WHP Global acquisition?
Earlier this week, US-based brand management company WHP Global (WHP) acquired a majority stake in Tru Kids, the parent company to more than 20 retailers including Toys R Us and…
Empire buys majority stake in Longo’s and Grocery Gateway
Canada-based investment company Empire has bought a controlling stake in speciality grocery store chain Longo’s and its Grocery Gateway e-commerce business. Under the terms of the transaction, the company will…
Rakuten agrees to divest 8.32% stake to Japan Post
Japan-based online retail firm Rakuten has agreed to divest an 8.32% stake to postal and banking giant Japan Post. The move is part of the company’s plan to raise $2.2bn…
Next to acquire 25% stake in Reiss from existing shareholders
UK-based multinational retailer Next has agreed to acquire a 25% stake in British fashion brand Reiss from existing shareholders. On completion of this deal, Next will make an equity investment…
India’s RIL offers operational support to cash-strapped Future Retail
Indian multinational conglomerate Reliance Industries Ltd (RIL) has offered operational support to retail chain operator Future Retail to prevent the latter’s financial collapse. The support came as RIL awaits approval…
