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Next to stock Laura Ashley when stores reopen after lockdown


Next to stock Laura Ashley when stores reopen after lockdown
Mon, 15th Mar 2021 17:22
(Alliance News) - Next PLC will launch a range of Laura Ashley products in its Spring collection, investment firm Gordon Brothers International LLC said on Monday.
Laura Ashley, a fashion and furnishings retailer, fell into administration back in March of last year. It was subsequently bought by Gordon Brothers.
FTSE 100-listed Next will stock a range of Laura Ashley products in 48 of its stores once shutters are lifted and Covid-19 restrictions ease.
Laura Ashley and Next began a partnership back in October.
The partnership with Next is an important part of the brand s evolution and generating a licensees portfolio to build strategic wholesale and retail relationships, Gordon Brothers said. ....

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Formal sale process underway at French Connection


Laurence Kilgannon
Fashion retailer French Connection has started a formal sales process after revealing it has been approached by a number of potential suitors.
Earlier this year, shares in French Connection rose after it revealed it had been approached about a takeover.
The retailer said it had received early offers from Spotlight Brands in conjunction with Gordon Brothers International and a separate move from Go Global Retail in conjunction with HMJ International Services.
Spotlight Brands has now said it does not intend to make an offer, but French Connection revealed it has been approached by and engaged in preliminary conversations with a further three interested parties, in addition to Go Global, concerning proposals which may or may not result in an offer. ....

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