Page 44 - Simon Wolfson News Today

Deliveroo could kick off proceedings for its highly anticipated London listing as early as next month, Sky News today reported.

Deliveroo needs restaurants to survive if it is to survive itself

Asos and Boohoo battle with Next for a cut of Green’s fallen empire Forget the high street – building a digital platform with brands such as Topshop is the future 31 January 2021 • 3:00pm Sir Philip Green, a long-standing sceptic about online fashion and technology in general, refused to sell clothes from his flagship Topshop brand on Asos until two years ago. The controversial retail tycoon repeatedly wrote off the fast-fashion website over the years and the opportunities heralded by int...

Deliveroo set tongues wagging in the City last week by announcing that Next chief executive Lord (Simon) Wolfson would be joining its board as a non-executive.The retail doyen has not always been so

Next was ‘only hope’ for Arcadia stores Sources close to Arcadia fear mass store closures at the group, following Next’s withdrawal from the bidding process. Next confirmed this morning that it had “withdrawn from the process to acquire any, or all, of the Arcadia Group”. In a statement released, Next said it was unable to meet price expectations. It was bidding with US hedge fund Davidson Kempner. Final bids for the Arcadia brands were due on Monday. Interest parties include online e...

Topshop set for discount sale price after Next pulls out of race, analysts say Arcadia is among the highest profile collapse since coronavirus lockdown and restrictions were implemented. The bidders circling Sir Philip Green’s collapsed retail empire Arcadia could bag a good deal to buy Topshop, after Next – a frontrunner to rescue the firm’s “crown jewel” – pulled out of the race.  Restructuring experts said Next’s exit from the sales process will put the other ...

Share As a UK enterprise that is growing in Europe seeking an initial public offering in the US, where it is not yet operating, could only be driven by valuation ambitions. It is just as well that Shu is not taking advice from the newly hipster former BT boss Gavin Patterson, now a tech maven with Salesforce.  He recently observed that if he were a tech entrepreneur he would head West. Deliveroos seriousness about the UK is underlined by its ability to attract Next chief executive Simon Wolfso...

US: Kroger testing smarter cartsKroger is getting smarter about its carts. Caper, which describes itself as the creators of the world's first AI-powered shopping cart, says that Kroger has…

Deliveroos founder and chief executive, Will Shu, had been looking at listing its shares in New York. But in a major boost for Brexit Britain, we understand that the firm will list in London in the coming months.

Food delivery giant Deliveroo has reportedly picked London for its hotly anticipated stock market float this year as Next’s chief executive Simon Wolfson joins the board.