LVMH-backed L Catterton, the new owner of Bicester Village is one of the world’s biggest retail investors July 22, 2024 Silver Bidco, a newly-formed Jersey-based vehicle of L Catterton, has bought Hammerson's stake in Value Retail, the owner of Bicester Village.
Hammerson shares jump after firm sells £1.5bn stake in Bicester Village July 22, 2024 British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today.
Brand Architekts: Skinny Tan owner inks new deals with Holland & Barrett and Boots July 22, 2024 Brand Architekts, the beauty specialist behind British brands including Skinny Tan and Super Facialist has signed new deals with big name retailers including Asda, Holland & Barrett and Boots to its distributor list, as it continues to battle "challenging" conditions.
Diriyah: An Innovative Smart City Reshaping The World Of Work July 21, 2024 Alfie Gibbs, Chief Business Development Officer at Diriyah Company, tells Inside Saudi why Diriyah will be a destination like no other for businesses seeking to thrive.
Amazon Prime Day sales reach record high thanks to discount-hungry shoppers July 19, 2024 Amazon Prime Day hit record heights thanks to discount-hungry shoppers as sales passed £14.2bn during the two-day shopping event, according to new figures.
Segro sells £275m warehouse portfolio as it eyes ‘new investment opportunities’ July 19, 2024 The London-listed warehouse giant Segro has sold a group of retail spaces worth more than €327m (£275m) as it eyes “new investment opportunities”. The sale includes four warehouses, two located in Milan and two in Rome, which Segro said it had developed for “some of our largest clients” to support their expansion plans. The warehouses [...]
Retail sales slump despite higher real wages July 19, 2024 Retail sales fell faster than expected with department stores particularly badly hit.
FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty July 19, 2024 Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.
Cotton Traders defies high street downturn with new stores as owner nears $1.6bn float July 18, 2024 Cotton Traders has opened a slew of new stores as the former catalogue business continues to weather the challenging environment faced by high street retailers, according to newly-filed documents.
Private equity giant 3i makes ‘encouraging start’ on back of star performer Action July 18, 2024 The firm's net asset value (NAV) per share rose four per cent to 2,167p at the end of June, up from 2,085p at the end of March.