Authentic Brands Group and SPARC to Buy Outdoor Brand Eddie Bauer
Authentic Brands Group (ABG) and SPARC Group have signed a definitive agreement to purchase Eddie Bauer, the American outdoor brand, from PSEB Group, an operating...
Tag : retailindustry
Adidas reports profit in Q1
The company’s gross margin increased 2.1 pp to 51.8 percent. The company’s operating profit grew to a level of 704 million euros and with an...
100% FDI in Single Brand Product Retail Trading and upto 51% FDI
To attract leading international retailers for sourcing their garment and home textiles requirements from India, the Consolidated FDI Policy Circular 2020 provides 100% FDI in...
John Lewis shuts down 8 more stores
The John Lewis Partnership has announced plans to not reopen eight John Lewis stores when lockdown on non-essential retail is lifted from next month. The...
A RAY OF HOPE..APPAREL RETAILERS IN THE US ON AN EXPANSION SPREE
LIST OF APPAREL RETAILERS in the US ON AN EXPANSION SPREE… Not all retailers are downsizing their physical assets in the wake of the pandemic....
French Connection To Begin Sale Process
French Connection launches formal sale process. The group is in initial discussion with another three parties – which have not been named – regarding a...
Covid -19 Vaccine Arrives…..Will business be back on track?
Will it Change the game? What lies ahead? Buyers Share their response on 2021…. 2021 has arrived.. Now that the New Year and vaccine has...
Levi’s Collaborates with Target
Launches Collection for Home Goods, Pets Accessories and Apparels Levis’ will launch over 100 limited denim-inspired items spanning kitchenware, apparel and pet accessories on the...
Debenhams To Close Six Stores Permanently
12,000 jobs at risk Debenhams said six stores will not reopen. Debenhams’ liquidation in December will put 12,000 jobs at risk. The flagship store on...
Edinburgh Woollen Mill Gets a Buyer?
OWES £192 million to Creditors, says FRP There could be hope to save hundreds of high street jobs after Edinburgh Woollen Mill’s administrators FRP Advisory...