UK-based Pepco Group is on a fast track to expansion and the pan-European discount retailer has a new chief operating officer to speed up the process. Trevor Masters is being promoted on 1 January from MD of Pepco.
UK grocery and general merchandise retailer Morrisons is being acquired by the group that made a rebuffed bid for it earlier this year, with American group Clayton, Dubilier & Rice winning the auction at the weekend.
LFW may not be what’s normally associated with the George at Asda brand, but the value-priced label chose the event to launch its AW21 collection with a short film that pushes sustainability and its exclusive designs.
FatFace CEO Liz Evans is to join Asda as MD of its George unit, a move widely rumoured since the summer. Meanwhile, The FatFace Group has named Will Crumbie as its CEO, moving up immediately from his current CFO post.
Sporting boundaries don’t appear to exist for Castore. The ambitious, fast-growing lifestyle and sportswear brand, so far best known for its kit deals with major UK football teams, has now entered the cricket arena.
It looks like the battle to take over Morrisons will go to auction with the supermarket giant saying Wednesday it’s in talks with both the US private equity suitors that have tabled bids, along with the Takeover Panel.