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March 11, 2021
The last time Marks & Spencer proposed knocking down its flagship store at Marble Arch on London’s Oxford Street in 2004 was the beginning of the end for the management team of Roger Holmes and Luc Vandevelde. As the shares sank, the M&S old guard took to the barricades. Philip Green launched his bid and Stuart Rose and City veteran Paul Myners were drafted in to see off the Arcadia and BHS tycoon. Rose, an M&S veteran, ditched the Holmes plan and went on to restore the firm’s reputation by...
March 10, 2021
Next acquires interest in Reiss
March 10, 2021
The high street firm said that it hopes its infrastructure capabilities can serve as a ‘launch pad’ for Reiss’s growth plans in the UK and…
March 10, 2021
The high street firm said that it hopes its infrastructure capabilities can serve as a ‘launch pad’ for Reiss’s growth plans in the UK and…
March 10, 2021
British clothing retailer Next has agreed to buy a 25% stake in upmarket smaller rival Reiss and has an option to secure majority control, it said on Wednesday.