Elliott weighs £500m bid to try on Reiss fashion chain
The firm best-known for its corporate activism is among a group of parties examining a takeover of the 'affordable luxury' clothing retailer, Sky News learns.
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The firm best-known for its corporate activism is among a group of parties examining a takeover of the 'affordable luxury' clothing retailer, Sky News learns.
NEXT plc (LON:NXT – Get Rating) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 6,479.47 ($81.07) and traded as low as GBX 6,450 ($80.71). NEXT shares last traded at GBX 6,490 ($81.21), with a volume of 324,405 shares. […]
Shares of NEXT plc (LON:NXT – Get Rating) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 6,479.47 ($81.07) and traded as low as GBX 6,450 ($80.71). NEXT shares last traded at GBX 6,490 ($81.21), with a volume of 324,405 […]
Reiss's shareholders are working with Raymond James, the investment bank, on an auction of the fashion chain founded by David Reiss in 1971, Sky News learns.
Hundreds of jobs are to be lost as a warehouse in Newport is to close.