A £3.4 billion takeover of British shopping centre operator Intu Properties by bigger rival Hammerson has been formally scrapped after Hammerson was freed from its obligation to hold a shareholder vote on the deal.
The Miami-based apparel group announced on Wednesday that it has entered into a license agreement with Rosega S.A. for the design and distribution of men’s dress shirts under the Manhattan brand in Argentina.
Blaiz has opened a summer pop-up store in Hampstead Village, following the opening of a flagship store earlier this year. The expansion will continue with one more permanent store, launching in West London in July.
A recent NRF and IBM study suggests that while Gen-Zers favor brick-and-mortar, retailers who fail to integrate online and mobile services with their physical stores may be missing the mark with this key demographic.
A new partnership between UK department store Debenhams and Western Union will see the retailer offer global money transfer to more than 200 countries and territories via existing travel money bureaux.
While the mini heatwave drove sales upwards at many UK stores last week, it couldn’t tip the John Lewis department store chain into positive figures in the seven days to April 21, but summer clothing still outperformed.
It looks like womenswear chain East will close with administrators having so far failed to find a buyer. Although a last-minute deal isn't out of the question, according to its administrators, time is fast running out.