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Body Shop administrators plan CVA, retailer owed £276m before collapse The Body Shop’s insolvency practitioners are planning a company voluntary arrangement (CVA) to help it survive as the full extent…
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US businessman Richard Baker among bidders for bankrupt German department store chain Galeria Karstadt Kaufhof By Reuters Published Apr 7, 2024 The investment firm of US businessman Richard Baker is…
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Luxury group Zegna posts 19.3% jump in FY organic sales By Reuters API Published Apr 6, 2024 Italy’s Ermenegildo Zegna posted a 19.3% increase in full-year organic revenue on Friday…
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UK retail sales sluggish in March, but fashion edges up online There’s been little good news coming out of UK retail in recent periods and so it was on Friday…
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Receiver-held Naf Naf calls for tenders to find investors Translated by Nicola Mira Published Apr 5, 2024 French women’s ready-to-wear retailer Naf Naf, which went into receivership last September, told…
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Is Space NK about to be put up for sale? Possibly, according to a news report this week that said owner Manzanita Capital is targeting a £300 million to £400…
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Translated by Nicola Mira Published Apr 5, 2024 The Body Shop France was placed in receivership on Thursday April 4 by the Paris trade court, according to a report by…
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By Reuters Published Apr 4, 2024 Elliott Investment Management’s managing partner Jesse Cohn said on Wednesday he believes e-commerce platform Etsy will generate “significant, multi-year upside.” Reuters Elliott, one of…
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Former Gucci CEO Marco Bizzarri invests in Elisabetta FranchiFormer Gucci CEO Marco Bizzarri invests in Elisabetta Franchi Translated by Cassidy STEPHENS Published Apr 4, 2024 Marco Bizzarri is beginning a…
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Natura & Co-owned fund Fable Investments invests in Eadem Natura & Co.-managed venture capital fund Fable Investments announced on Wednesday it has acquired a stake in Eadem, a company specialising…
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