Asda looks set to change hands, possibly as early as this week, with owner Walmart having entered exclusive talks with private equity firm TDR Capital. Walmart is expected to sell a controlling stake for over £6.5bn.
OneStock offered more evidence of the value of its technology solution this week saying that UK retailer Ted Baker managed to fulfil an extra 101,000 online orders in a year following a new omnichannel initiative.
One cannot fault Dunhill’s designer Mark Weston for lack of ambition. He paired very disparate cultures and concepts in his latest show – from Japanese 90s design to British tailoring to inside out fabrication.
Eyewear giant Marcolin has named Alessandro Beccarini as its Style & Product Development Director with responsibility for the management and development of all the group’s eyewear collections worldwide.
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