Being a listed business has its advantages, but also means closer scrutiny and a need to respond to the interests of shareholders. Both long-time-listed JD Sports and newcomer THG have felt this keenly in recent days.
RewardStyle’s platform and its LiketoKnow.it shopping app are rebranding as LTK, a unified platform “to lead the industry in powering global creator commerce, servicing brands, influencers and shoppers”.
Adidas has drawn up a shortlist of bidders for its Reebok brand as it seeks to draw a line under an ill-fated investment that never lived up to the German sporting goods company's expectations, sources said.
Upscale label Ralph & Russo’s administrators have reportedly struck a rescue deal with the US entrepreneurs behind Retail Ecommerce Ventures (REV) with an announcement about the “complex” deal said to be imminent.
German intimates, leisurewear and hosiery producer Schiesser has appointed London-based trade agency Concrete Concepts as its exclusive distributor, also becoming "first point of contract" for a number of related brands.
Cadogan Estates, the family-owned company that owns swathes of commercial and private properties across London’s Chelsea and Knightsbridge, has seen the value of its 93-acre portfolio fall by almost £800 million.