Half of global luxury shoppers are partial to a bargain. According to the YouGov Affluent Perspective’s Global Luxury Retail Report 2018, half of all global luxury shoppers state they “only buy luxury when it is discounted.” The report, which focuses on the 56 percent of global affluents shoppers who purchase luxury products and services across...
Aug 1, 2018
British sailing apparel brand Henri Lloyd has been bought out of administration by Aligro UK Limited, in a deal which has led to 128 jobs being axed. The clothing retailer, best known for its sailing and water resistant apparel, appointed Chris Ratten and Jeremy Woodside from RSM Restructuring Advisory LLP as joint administrators of Henri-Lloyd...
Jun 12, 2018
London - Luxury British swimwear label Orlebar Brown, is preparing to make a splash in unchartered waters as it reportedly gears up for a 50 million pound sale. The high-end label, best known for its tailored swimming trunks favored by the likes of Ryan Reynolds, Michael Fassbender and David Gandy, is said to have hired business advisors from...
Aug 29, 2017
Liverpool-headquartered Shop Direct is set to receive binding offers from three private equity funds. Apax Partners, BC Partners and Hellman & Friedman are said to be preparing their final offers for the online retailer, which is currently valued at 3 billion pounds according to reports from Reuters. The three companies are understood to have...
Jul 19, 2017
London - Kate Spade & Co. is said to need more time to mull over Coach's take over bid. The latter reportedly made an offer to take over the US premium handbag label last week, although it remains unclear how much Coach has offered. By taking more time to go over the sale process gives potential buyers more space to assess Kate Spade's first...
Apr 4, 2017
London - Private equity group 3i is said to be preparing women’s wear retailer Hobbs for sale. The premium label, a favourite of the Duchess of Cambridge, could sell for as much as 80 million pounds, according to a report from the Sunday Times. 3i is said to be close to hiring investment banker NM Rothschild to oversee the sale, after owning the...
Jan 9, 2017
London - Online fashion marketplace Pret a Portobello is currently up for sale. The fashion e-tailer, which allows independent fashion brands and designers the freedom to sell their products online via 'market stalls' on its site, sale will be handled by Metis Partners, an intellectual property consulting firm. The intellectual property assets...
Sep 30, 2016
London - Although the door may have closed on American Apparel bankruptcy the story continues on, as the retailer forges on with its restructure and reorganization plan. However, now things appeared to have taken a sudden twist (or perhaps not so sudden) as American Apparel is said to have hired investment bank Houlihan Lokey to explore options...
Aug 18, 2016
London - Although collapsed department store group BHS is likely to fade from the British high street, it will live on overseas as its international portfolio has been acquired by a Qatari retail group. BHS administrators Duff & Phelps have confirmed the sale of the collapsed retailer overseas business and online operations to Al Mana Group. The...
Jul 1, 2016
British retail giant Tesco has begun its sale of non-core assets as it focuses on reviving its main grocery arm, offloading approximately half of its stake in Lazada to e-commerce heavyweight Alibaba for a cool 129 million US dollars (90.6 million pounds). The UK supermarket chain, which previously held a 19.6 percent stake of the South East...
Apr 12, 2016
Shandong Ruyi has signed a deal which would see the Chinese textile company acquire a controlling stake in fashion group Sandro, Maje and Claudie Pierlot (SMCP), valued at an estimated 1.3 billion euros. Shandong Ruyi confirms acquisition of SMCP News of the impending deal broke earlier this week, Evelyne Chetrite, founder and managing director...
Apr 1, 2016
London - SMCP, the fashion group consisting of French fashion labels Sandro, Maje and Claudie Pierlot is inching closer to a potential sale to Chinese textile manufacturer Shandong Ruyi, in a deal which is said to value the group at 1.3 billion euros (1.45 billions US dollars), including debt. News of the possible sale comes as US private equity...
Mar 30, 2016
