Saudi Arabia’s Public Investment Fund (PIF) has partnered with Thailand’s Central Group in a significant acquisition of Selfridges Group.Central Group and PIF now hold majority stakes…
Browsing: Retail
Amidst shifting dynamics in the UK grocery sector, Tesco and Sainsbury’s have gained ground, capitalizing on Asda’s declining market dominance.Tesco secured its highest market share since…
September witnessed a significant uplift in retail sales, driven by preparations for the autumn season and new academic year.The British Retail Consortium reported a 2% increase…
Footasylum has obtained a £35 million green loan from HSBC UK to support its growth initiatives, integrating key sustainability goals.The loan will fund Footasylum’s UK and…
Inditex UK and Ireland’s managing director Max Nutz has stepped down after 25 years.Nutz’s successor will be Pilar Losada, currently leading Inditex in Australia and New…
The Saudi Arabian Public Investment Fund has acquired a 40% stake in Selfridges, marking a new chapter for the iconic department store group.This acquisition follows the…
In September 2024, UK retail sales experienced a notable boost driven primarily by clothing and footwear despite a backdrop of economic challenges.Retail sales in the UK…
Logistics is emerging as the critical element for achieving success in the evolving retail landscape.Retailers face mounting pressures from heightened customer expectations, including demands for swift…
Mytheresa’s acquisition of Yoox-Net-A-Porter (YNAP) marks a significant shift in the luxury retail landscape.The German luxury retailer is set to acquire YNAP from Richemont, promising to…
The impending rise in alcohol duty within the UK has prompted significant opposition from major wine retailers.Retailers like Majestic Wine and Cambridge Wine Merchants are actively…