Friday, January 22, 2021
Alibaba Richemont Farfetch

Alibaba and Richemont invest over £200m in Farfetch with focus on China

Alibaba and Richemont are set to invest $300 million (£224 million) each in luxury online retailer Farfetch as the trio launch a Chinese joint venture.
Fortnum & Mason appoints Tom Athron as new CEO

Fortnum & Mason appoints Tom Athron as new CEO

Fortnum & Mason has announced the appointment of Tom Athron as its new chief executive.
Alibaba Farfetch investment luxury

Alibaba in talks to invest over £200m in Farfetch

Alibaba is in talks to invest $300 million (£232 million) in British ecommerce platform Farfetch as it seeks to expand its presence in the luxury market.
LVMH Tiffany & Co takeover acquisition Bernard Arnault

LVMH cuts £425m off Tiffany & Co deal, ending long-winded dispute

LVMH has agreed to acquire Tiffany & Co at a slightly reduced price of almost $16 billion (£12.3 billion), ending a legal dispute.
LVMH Tiffany & Co Bernard Arnault acquisition takeover

LVMH to renegotiate with Tiffany & Co and cut price of £12bn deal

LVMH is reportedly in talks to strike a cut-price deal to acquire US jeweller Tiffany & Co as the pair renegotiate the planned $16 billion (£12 billion) takeover.
Flannels Frasers Group Michael Murray

Flannels’ new Birmingham store marks start of 17-store expansion

Flannels has opened a new 12,000sq ft store in Birmingham, and has revealed plans for a two new stores this year, adding to its 40-plus-store estate.
Prada Malika Savell diversity inclusion

Prada hires former LVMH diversity director as chief inclusion officer

Prada has appointed a chief diversity, equity and inclusion officer for its North America division. Malika Savell has joined from French luxury conglomerate LVMH, where she served as cultural diversity director.
Watches of Switzerland Ian Carter

Watches of Switzerland hires Hilton hotel veteran as new chairman

Watches of Switzerland has appointed a new non-executive chairman to bring "a wealth of commercial, business and board..
10 stores axed after Aspinal of London's CVA given approval

Aspinal of London’s CVA given approval

Aspinal of London is set to undergo a restructure after its creditors reportedly gave the green light for its CVA to go ahead.
Chanel flagship store covid-19 acquisition

Chanel acquires London flagship for £310m following sales process

Chanel has reportedly bought its London flagship store for £310 million despite weak footfall levels in the West End district..

Feature Resource

How An Online B2B Marketplace Can Turn Your Post-Holiday Surplus And...

The acceleration of e-commerce in 2020 created a huge opportunity for consumers to facilitate their holiday purchases, but now we are in the midst...