Mytheresa is set to acquire Yoox-Net-A-Porter (YNAP) from Richemont for €555m (£465m), taking a 33% stake in Mytheresa.Richemont plans to…
Browsing: Retail
Nestware, owner of Carpetright, has faced significant financial setbacks.The closure of The Floor Room resulted in £10.8m in losses for…
Nestware, the parent company of Carpetright, has reported a significant financial setback due to the closure of its division, The…
Ocado has taken a significant step in promoting female entrepreneurship with the launch of its ‘Buy Women Built’ section.The initiative…
The Tetley strike intensifies due to an unresolved pay dispute involving over 150 workers.Workers at Teeside’s Tata Consumer Products, mainly…
Sainsbury’s launches a major recruitment drive, offering 20,000 seasonal jobs to manage the festive rush.18,000 temporary positions available at Sainsbury’s…
Sainsbury’s is planning to hire 20,000 temporary workers nationwide for the festive period.The supermarket chain will recruit 18,000 staff across…
Luxury ecommerce takes a new turn as Richemont sells YNAP to MyTheresa.YNAP will be owned entirely by MyTheresa, solidifying its…
Richemont has confirmed the sale of its Yoox Net-a-Porter division to MyTheresa, a transaction poised to reshape the digital luxury…
In a series of unexpected moves, Frasers Group has increased its investment in Mulberry, the luxury retailer, marking a new…