Klarna, the Swedish payments specialist has a new minority investor - rapper Snoop Dogg via his Casa Verde Capital fund. The company has also just unveiled a new marketing campaign starring the celebrity.
Moss Bros hasn’t had an easy time of it lately but while that meant we might have expected further pain in what has been a very difficult season for the fashion sector, its trading update on Friday wasn’t that bad.
Menswear specialist Greenwoods has become the latest traditional retailer to go under as UK fashion retail goes through a transformational phase and also deals with the impact of the forthcoming Brexit.
Struggling Mothercare said Friday that its company voluntary arrangement (CVA) proposals for certain of its subsidiaries had been approved by its creditors. The shares rose despite the firm dropping out of the FTSE100.
Online grocer and technology company Ocado entered Britain's index of biggest companies on Wednesday in a quarterly reshuffle of the FTSE 100 which clearly showed the zeitgeist in a disrupted retail industry.