A merger between Sports Direct's House of Fraser and rival Debenhams, in which the retailer owns almost a 30% stake, has been discussed by the Sports Direct board, but the firm said it has no plans to bid for the chain.
Superdry had big news Wednesday with a new fashion fashion initiative to reach the Asos generation and a big new hire, the company having lured Tommy Hilfiger's former global head of womenswear to its brand.
Mike Ashley, the billionaire founder and majority owner of Sports Direct, faces a potential shareholder revolt at the company's annual meeting on Wednesday, though he will not be present to hear any protests.
There’s a new leader at the helm of Temperley London with the company naming Sally Hughes as its CEO with immediate effect. She replaces Patricia Sancho who has returned to her native Spain after five years at the firm.
Snap Inc, the parent of Snapchat messaging, said on Monday Chief Strategy Officer Imran Khan will step down, the latest top-level exit amid pressure to stem user declines following a controversial redesign of the app.