UK property giant Landsec is understood to have missed out on its bid to buy a majority stake in the successful Liverpool One mall from Abu Dhabi Investment Authority (ADIA), according to reports. Grosvenor ADIA had hired global real estate services company JLL to search for a buyer for its 69% take in thriving 153,000 [...]read moreLandsec frustrated in aim to buy major Liverpool One stake
The problems at Signa could be a boon for Saudi Arabia’s sovereign wealth fund as it’s reportedly targeting a stake in Selfridges. But French giant Kering has said it’s not interested, despite a report that it was eyeing the business. Selfridges The Telegraph reported that the Gucci and Saint Laurent owner was among the big-hitters circling [...]read moreKering denies interest in buying Selfridges stake, Saudi fund stays tight-lipped on speculation
London-based Bluegem, the private-equity firm, has struck a deal with PAI Partners for the latter to acquire a majority stake in Beautynova, the professional haircare platform. Beautynova The acquisition will be made through PAI’s fund dedicated to mid-market opportunities, and upon completion, while PAI will own a controlling stake, Bluegem will maintain “a significant shareholding [...]read moreBluegem sells Beautynova majority stake to PAI Partners
By Reuters API Published Mar 19, 2024 Italy’s Rivetti family, former owner of the Stone Island brand, said on Tuesday it had sold a stake in Moncler, sending the Italian luxury group’s shares down by as much as 3.5%. Moncler The placement comes less than a month after the announcement that the Rivetti family would [...]read moreMoncler investor sells stake at 67 euros, shares down over 3%
Translated by Nicola Mira Published Mar 19, 2024 French group Ykone has extended its international presence. The group is a major player in the influencer marketing sector, and was sold in 2022 by the TF1 group to investment firm Future Technology Retail, the French subsidiary of Saudi private equity firm BinDawood Holding. Ykone has announced [...]read moreYkone buys majority stake in Indian influencer agency Barcode
Cult menswear brand Rowing Blazers announced on Monday it has sold a majority stake in the business to Burch Creative Capital. FInancial terms of the sale were not disclosed. Courtesy The acquisition will allow Rowing Blazers to hire in key positions, develop its women’s line, expand distribution, and grow its retail footprint, starting with a new flagship Manhattan [...]read moreRowing Blazers sells majority stake to Burch Creative Capital
Frasers Group continues to flex its financial muscle in early 2024. The fast-expanding retail group has now upped its stakes in both online fashion/lifestyle business N Brown and digital fashion retailer Boohoo. JD Williams Frasers’ stake in N Brown has inched up to 20.2% from 19.36% and it now holds 92.8 million shares in the [...]read moreFrasers Group increases N Brown stake again, is now biggest Boohoo shareholder
Superdry is in the news again with takeover speculation mounting around the embattled retailer after it emerged that a new investor has been building up a stake. Superdry And no, it’s not Frasers Group. Instead Norwegian-based alternative investment fund First Seagull now has a 5.3% stake. The Times reported that the fund “considers Superdry to [...]read moreTakeover speculation mounts as investment fund buys Superdry stake
By Europa Press Translated by Roberta HERRERA Published Jan 11, 2024 Puig has acquired a majority stake in the German molecular cosmetics brand Dr. Barbara Sturm. Its founder will retain a minority stake in the company she created in 2014. Dr Barbara Strum products – Puig Dr. Sturm has developed skincare, body and hair care [...]read morePuig acquires a majority stake in German skincare brand Dr. Barbara Sturm