Next is offering Joules 'a lifeline'
On Monday morning (8 August), Joules confirmed that it was in talks with Next about the purchase of around £15m of its shares less than a month after the
Source: drapersonline.com
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Market movers: Hutchmed (China) rises after cancer treatment update
AIM listed Hutchmed (China) Limited pleased shareholders with news that the global phase three trial evaluating the investigational use of fruquintinib...
Source: proactiveinvestors.co.uk
Next Plc in talks to take minority stake in Joules
British lifestyle group Joules has confirmed clothing and homeware retailer Next Plc is considering a GBP15m (US$18.1m) stake in the business.
United Kingdom City Of Apparel Companies Software For Fashion Brands Software For Supply Chain Management Digital Transformation Solutions For Retail
Source: just-style.com
Gap CEO Sonia Syngal steps down
Effective immediately, Bob Martin, the company's current executive chairman of the board, will serve as Gap Inc president and CEO on an interim basis. A
Source: drapersonline.com
Next's results stand out against a tough retail backdrop
FTSE 100 retailer Next is dealing well with the tough conditions on the high street, with rising profits and a plan that's working. Rupert Hargreaves looks at the numbers.
Source: moneyweek.com
Banana Republic to close UK website
Banana Republic had nine stores across the UK, but made the decision to close them all in 2016 due to falling sales. While its high street presence ended,
Source: drapersonline.com
Next Plc snaps up JoJo Maman Bebe with investment firms
Next Plc has acquired JoJo Maman Bebe alongside investment funds and vehicles managed or advised by Davidson Kempner Capital Management LP.
Source: just-style.com
Next snaps up boutique kids' goods business JoJo Maman Bébé
It has taken a 44 per cent stake in JoJo, with the remainder bought by asset manager Davidson Kempner. Next did not say how much it paid.
Source: dailymail.co.uk
Laura Ashley to relaunch fashion
Global advisory, restructuring and investment firm Gordon Brothers rescued the Laura Ashley brand, its archives and related intellectual property from
Source: drapersonline.com
Why Next is the only retailer I'd want to own in my portfolio
The retail sector is brutally competitive. But high street stalwart Next is exploiting and building on its significant competitive advantages, says Rupert Hargreaves.
Source: moneyweek.com