The recent acquisition of a 40% stake in Selfridges by Saudi Arabia’s Public Investment Fund (PIF) signals a significant shift in the retail landscape. Selfridges has…
Author: Sam Allcock
Mulberry’s largest shareholder, Challice, has rejected Frasers’ revised takeover bid, indicating it as an ‘unwanted distraction.’The rejection follows Frasers’ increased offer from 130p to 150p per…
Mulberry, a well-known fashion retailer, has declined an increased bid from Frasers Group, reinforcing its current shareholder’s stance.Challice, holding 56% of Mulberry shares, firmly declines to…
Selfridges has experienced a significant reduction in the value of its property assets.The luxury retailer’s property value decreased by 20.6%, amounting to £638.6 million.Loans exceeding £1.7…
The Cobham Sainsbury’s Lab store is setting new standards with innovative shopping solutions.Simon Roberts, CEO, introduced a “Next Level” strategy aiming to make Sainsbury’s the top…
Explore the introduction of Harvey Norman in the UK with its first flagship store at Merry Hill.The renowned Australian retailer, Harvey Norman, marks its entry into…
The landscape of the UK fintech sector is shifting as the chances for IPOs dwindle and funding becomes scarce.Successful fintech start-ups are expanding while established firms…
Iberdrola commits to a £24bn investment to revolutionize the UK’s green energy sector. This significant funding will focus on enhancing high-voltage cables, expanding the electric grid,…
UK inflation is projected to fall below the 2% target for the first time in over three years, driven by various economic factors.Official figures suggest a…
In the competitive world of fast fashion, Shein’s UK sales have remarkably surpassed those of Boohoo for the first time, signaling a significant industry shift. Here’s…