Johnnie-O announced on Monday it has inked a $108-million investment from funds Wasatch Global Investors and Ares Management Corporation, in a bid to accelerate growth in the U.S. lifestyle brand's omnichannel network.
A possible £7 billion price tag for the up-for-sale retailer Boots hasn’t put off potential buyers, according to a report. The boss of the UK health & beauty business has told the BBC there’s still “a lot of interest”.
As ‘golden hellos’ go, this is impressive. Michael Murray, the incoming CEO of Frasers Group has been awarded a near-£21 million consultancy fee as he prepares to take over from founder Mike Ashley on 1 May.
Icon Outlet at The O2 has fully reopened after the London mall suffered extensive damage to its roof caused by Storm Eunice back in February. The reopening includes key brands Nike, Adidas, Next, Levi’s and Lids.
Poland's biggest fashion retailer LPP faces a surplus of merchandise this year after closing stores in Eastern Europe, which is likely to erode its profits in the first half and squeeze profit margins in 2022.
T. Rowe Price Associates, one of the biggest investors in Kohl's Corp, said it plans to back all of the department store's directors, dealing a setback to Macellum Advisors as it tries to take control of the board.