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Chief executive says sales figures are down by more than a fifth but its brands still carry ‘significant potential’Business live – latest updatesThe online fashion retailer Boohoo is to rename itself Debenhams, the department store brand it bought out …
Alteri and Modella Capital are the only two parties remaining in talks, according to Sky NewsThere are only two buyers left in the race to buy retailer WH Smith’s ailing high street division, according to a report.The retail group confirmed in January …
Sale of Walgreens Boots Alliance to Sycamore Partners will mean further uncertainty for staff of pharmacy chainBusiness live – latest updatesThe US owner of Boots is to be taken private in a $10bn (£7.8bn) deal that will mean further uncertainty for th…
Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’Business live – latest updatesPoundland is to be put up for sale after the owner of the UK cut-price retail chain said it faced tough competition and…
New York-listed Capri could reportedly agree to sell the brand back into Italian ownership this monthPrada is in talks to buy the Versace fashion brand from the US investor Capri Holdings for a price that could reportedly reach nearly €1.5bn (£1.2bn).M…
Food delivery group’s board approves takeover by investor in German rival Delivery HeroBusiness live – latest updatesThe food delivery business Just Eat Takeaway.com has been snapped up by an investor in its German rival Delivery Hero for €4.1bn (£3.4b…
JD.com weighing up offer after UK electrical retailer rejects £700m bid from US private equity group ElliottCurrys board should play hardball with biddersA Chinese e-commerce company has said it is considering making an offer for Currys, sending the el…
Unite union says payout shows Three is highly profitable, and proposed merger is ‘clear attack on consumers’A record £2bn dividend payment to the owners of the telecoms firm Three sparked a row over the weekend as it was claimed that the huge payout sh…
Change of tack has government treading fine line between being ‘more business friendly’ and defending national interestThe UK government is looking to roll back powers to intervene in company takeovers less than two years after they were introduced, in…
Takeover puts Chevron head-to-head with ExxonMobile in oil-rich Guyana and US shale industryBusiness live – latest updatesChevron has announced it will buy the US fossil fuel producer Hess Corporation in a $53bn (£44bn) all-stock deal, as it seeks to i…