Dragons’ Den reject Trunki to be sold for over £12m Retail Trunki, the well-known children’s suitcase brand, has been sold in a deal thought to be worth over £12 million. Founder Rob Law, who was once told his company was “worthless” on the BBC’s Dragon’s Den, has now sold over 5 million Trunki suitcases and built a successful portfolio of travel gear, with the group’s revenue [...]
Mike Ashley’s Frasers Group to buy two shopping centres in £100m deal Retail sector Mike Ashley is gearing up to purchase two shopping centres in an £100 million deal, in a sign that the retail sector might be starting to stabilise. Frasers Group, majority owned by Ashley, is in the final stages of negotiations to acquire The Mall in Luton and the Overgate centre in Dundee, The Sunday Times [...]
Ashley’s Frasers Group set to roll out buy-now pay-later product buy-now pay-later Billionaire Mike Ashley’s Frasers Group is finalising a move to roll out its own buy-now, pay-later (BNPL) scheme which will allow shoppers to borrow up to £2,000, according to reports.
Week ahead: FTSE traders eye Shell and BT results as Bank of England prepares for another rate hike January 29, 2023 London traders are gearing up for a big week of corporate results, with UK giants Shell, BT Group, Glencore, GSK and Vodafone Group updating markets. Shell is due to announce their final results for 2022 on Thursday and are expected to post record profits as oil giants continue to benefit from the global energy boom. [...]
