Signal: Next's FatFace acquisition would be a win-win
Industry onlookers have conceded a takeover of FatFace by Next Plc would be a win-win situation where both would benefit from growth.
Source: just-style.com
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Next 'weighing' £100m deal for Fatface
Next Plc is reportedly engaged in final talks to acquire FatFace in a deal said to be worth more than £100m.
Source: just-style.com
Next Plc Reportedly Close To Buying Rival Fashion Chain FatFace For £100 Mln
Apparel retailer Next PLC (NXT.L), is set to acquire FatFace a chain of fashion stores in the U.K. for more than 100 million pounds, according to Sky News. FatFace, founded in 1988 by Tim Slade and Jules Leaver, sells women's, men's, kids, clothing, footwear, and accessories and has around 180 stores.
Source: rttnews.com
UK Retailers Saw Sales Slow in September, According to BRC, KPMG Survey
UK retailers reported sluggish sales in September as squeezed consumers cut back on big-ticket spending and unseasonably warm weather delayed purchases of winter clothing.
Source: bloomberg.com
TalkTalk to lose its chief executive as breakup looms
CEO since 2017, she will lead a transition board to manage the demerger of divisions.
Source: thebusinessdesk.com