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…
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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…
Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Selfridges.The acquisition ends uncertainty following the collapse of Rene Benko’s Signa.Central Group retains a…
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…
Mulberry is initiating a strategic financial maneuver to raise over £10 million, addressing declining profits and aiming to stabilize its financial standing following a challenging fiscal…
Luxury jeweler Kiki McDonough reduces prices by 20% to counteract tourist tax effects.Removal of VAT-free shopping has caused a decrease in American tourists, McDonough’s key market.McDonough…
Frasers Group has announced the acquisition of THG’s luxury platform, Coggles, alongside a new multi-year partnership.The collaboration aims to enhance retail operations across both companies, integrating…