Private equity firm Catalyst Capital Group on Monday offered to buy an estimated C$150 million stake in Hudson’s Bay Co, and said it will oppose Executive Chairman Richard Baker’s C$1.74 billion take-private proposal.
The French multinational sporting goods retailer has announced that it is continuing its push into the U.S. market with the opening of a major new West Coast brick-and-mortar location in San Francisco later this year.
Debenhams said former shareholder Sports Direct had withdrawn from a challenge to its rescue plan because it did not have sufficient legal grounds, but the sports retailer would continue to fund the action.
The great outdoors are a magnet for space-starved urbanites. As outdoor wear is increasingly directional, FashionNetwork.com explored the OutDoor show to verify if mountain apparel brands are profiting from this trend.
The luxury fashion designer has joined forces with the non-profit organization, which gifts bridal attire for US troops, to run a contest offering 10 military and first-responder couples a dream wedding package.
H&M has joined forces with the Chinese designer Angel Chen for its latest high-end fashion collaboration.The Swedish fashion giant will roll out a 45-piece capsule collection designed by the creative this September.
Bidding for Jack Wills is getting under way with reports saying six interested parties are in the race. They’re said to include the UK’s two most acquisitive retail tycoons, Mike Ashley and Philip Day.