Marks &amp; Spencer Buys Per Una Clothing
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Food and clothing chain Marks &amp; Spencer PLC said Tuesday it had bought the per una clothing brand from businessman George Davies for 125 million pounds (US$223 million, euro182 million).
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Marks and Spencer, the struggling British retailer, began buying back more than one quarter of its shares in the biggest tender offer ever seen in Britain.
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Claire's Stores has been smacked around for the past few weeks. Is the stock cheap enough to buy?
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LONDON : Marks and Spencer, the struggling British retailer, began buying back more than one quarter of its shares in the biggest tender offer ever seen in Britain.
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The children's clothing retailer likes its sales trends.
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By Kyodo News International, Tokyo  Sep. 6--TOKYO -- Major trading house Itochu Corp. and supermarket chain  operator Uny Co. announced Wednesday they have developed a new women's  clothing brand.
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LONDON, Aug 22  - Marks and Spencer has been overtaken as Britain&#39;s biggest clothing retailer by supermarket giant Asda, which is owned by the world&#39;s largest retail store Wal-Mart, industry figures showed Sunday.
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The retail company has another positive quarter and is buying back shares.
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Delta Two, a Qatar-backed investment fund, said it submitted an offer to the board of J Sainsbury that valued the company, one of Britainâs largest retailers, at about Â£10.6 billion ($21.7 billion), or 600 pence a share. It was the second cash offer this year for Sainsbury; Delta owns 25 percent of the company. The fund proposed spending Â£3.5 billion to build and renovate Sainsbury stores and expand its range of nonfood goods.
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Marks and Spencer has been overtaken as Britain's biggest clothing retailer by supermarket giant Asda, which is owned by the world's largest retail store Wal-Mart, industry figures showed.
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By Alison Hardie senior news writer  FAST fashion took on a new dimension last night with the latest figures showing Britons spent more than GBP 1 billion buying clothes online last year.
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Business & money: Â· No talks yet to extend designer's contractÂ· Retailer to report worst performance for two years
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The retailer does a little gold digging, aiming at affluent customers with a new fashion collection.
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Marks and Spencer, the British clothing-to-food retailer, has confirmed its recovery with a 47.6-percent rise in annual pre-tax profits.
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Dutch retailer Ahold has sold its network of about 600 Spanish retail stores to private equity group Permira. The two parties valued the deal at 685m euros ($850m; Â£472m).
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Business & money: Marks & Spencer's womenswear business has lost market share in the weeks since Christmas as shoppers' love affair with Twiggy fizzles out
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Privately-owned British fashion retailer New Look may be sold for 2 billion pounds ($3.91 billion) after private-equity firms Apax and Permira received at least three bid approaches for the firm, The Sunday Times said.