Next snaps up FatFace for £115m
Next has acquired FatFace in a takeover deal for £115.2m In a release, it said the sale of the fashion retailer is expected to take place within the next few weeks. Next will hold 97% of the equity...
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What Next? What the retail giant has done with its acquisitions
Next is quickly cementing itself as one of the UK’s most prolific buyers of retail businesses after it added FatFace to its shopping basket last week. The retail giant revealed on Friday it had snapped...
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Frasers vs Next: How big are their growing retail empires?
Frasers Group and Next have been back to their acquisitive best. Over the past week, Next has swooped to buy FatFace whilst Mike Ashley’s group have snapped up German sporting chain SportScheck and has...
View ArticleReiss to use AI to verify its green claims
Reiss will use AI to verify its green claims to help give customers total confidence that the fashion retailer is sourcing responsibly. The brand has launched a partnership with AI powered verification...
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What Next? Wolfson outlines the retailer’s new formula for success
Next boss Lord Wolfson was, dare I say it, somewhat optimistic as he unveiled its full-year-results this week. The usually cautious Wolfson, a master of under-promising and over-delivering, said it was...
View Article5 retail tech trends taking centre stage
SPONSORED ARTICLE With cloud investment continuing and the rapid rise of GenAI, retail is on the cusp of another technological revolution that requires new thinking and a clear strategy. The retail...
View ArticleM&S names Hugo Boss exec as new head of menswear design
M&S has appointed Hugo Boss executive Callum Briggs as its new head of menswear design. Briggs will start his new role on the high street retailer’s clothing and home leadership team in June,...
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Victoria’s Secret to close Birmingham flagship
Victoria’s Secret is set to close its Birmingham flagship store in the Bullring shopping centre after almost a decade. A notice in the lingerie giant’s window said it would be “closing soon” but did...
View ArticleNext to launch in India as it signs franchise agreement
Next is set to launch online and in-store in India as the retailer signs a new franchise agreement with local ecommerce giant Myntra. The Indian retail group has secured the distribution and management...
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As Ted Baker store closures begin, what went wrong?
Ted Baker is set to close 15 UK stores and cut some head office roles, as administrators take action to try to save the fashion brand. Although landlords have served notice on four of those sites, the...
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