Spanish fragrance maker Iberchem has attracted first-round offers from several private equity groups in a deal potentially valuing the company at about 400 million euros ($448 million), people close to the matter said.
The UK plus-size market has been growing fast and this year, 20% of all womenswear spending will be on plus-size garments. That’s £1 out of every £5, according to research and consulting firm GlobalData.
Investors in struggling French Connection are voicing fresh criticism of its boss Stephen Marks. Their complaints come after the board confirmed him in his dual CEO/chairman’s role on a show of hands at last week’s AGM.
Shortly after announcing its purchase of the Xanadú shopping centre in Madrid for €530m and naming a new manager for its Spanish ops, malls giant Intu has entered a joint venture to claw back some of the purchase price.
Retail veteran Harold Tillman may have been frustrated in his attempt to win back the Jaeger brand he once owned, but reports suggest that he could lead a group of investors working on a rescue deal for Style Group.
The eyewear specialist has announced a renewal of its licence agreement with the Italian jeans label effective until 2023, involving the design, production and distribution of its Diesel eyewear collections.
Movado Group Inc. saw a major drop in sales for the first financial quarter of 2018, from $114.1 million in the same quarter last year to $99.3 million. The New Jersey-based company will put its focus on new products.