Page 2 - Andy Bond News Today

TDR Capital, which also owns pub group Stonegate and David Lloyd Leisure, has bought a majority stake from previous owner Kester Capital.

Asda co-owner TDR Capital has snapped up control of pet shop chain Jollyes.

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

European discount retailer Pepco Group has said it will exit the Austrian market, saying it does not expect appropriate returns.

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

While Red Sea trade disruptions has so far had negligible effect, it might change soon

Weeks of attacks by Iranian-backed Houthi militants in the Red Sea have disrupted shipping in the Suez Canal, which carries 12% of global container traffic. Prolonged disruption poses a new risk to the European economy, potentially derailing plans by central banks to cut interest rates.

Weeks of attacks by the Iranian-backed Houthi militias on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe carrying 12% of global container traffic. For the European economy, already skirting a mild recession as it tries to shake off high inflation, prolonged disruption would be a new risk to its outlook and could derail plans by central banks to start cutting interest rates this year. Here are some factors that policymakers are cons...