
Dr. Martens has announced that its chief executive officer Steve Murray is leaving the company to enable the “next phase of its history”. Chairman Paul Mason will take over until a new chief executive is appointed.
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Dr. Martens has announced that its chief executive officer Steve Murray is leaving the company to enable the “next phase of its history”. Chairman Paul Mason will take over until a new chief executive is appointed.
The buzz around the potential sale of matchesfashion.com is at fever pitch with the suggested £600 million sale price now rumoured to be £800 million as private equity groups line up to bid for the luxury e-tailer.
Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.
Four banks have underwritten a new loan of around €600m (535.02 million pounds) for Spanish retailer Cortefiel after its private equity owners agreed to buy out Permira and reinvest in the business.
The two investment firms will acquire the majority stake held by Permira, in a bid to strengthen their ownership of the Spanish apparel group.
Inking a partnership with Tablez Retail, the Spanish group debuted its first Springfield and Women'secret stores on July 17 in India. Eight other stores will bow this autumn.
According to the Spanish business newspaper Expansión, the venture capital firms KKR, Permira, Bain and BC are in the final stages of negotiation to purchase the wedding label for a sum of more than 300 million euros.
Spanish clothing retailer Cortefiel said on Tuesday sales and core earnings rose during its latest financial year as its private equity owners explore a sale of the business.
Rumours of a sale have been swirling around Shop Direct for months and now it has been reported that the online fashion and general merchandise retail giant could be sold this year with a price tag of £3bn+ suggested.
There was good news and bad from UK footwear brand Dr. Martens on Friday with revenue and profits down but international growth, a new products boost and a plan to double its store count.