UK: Green To Take M&S Bid To US – Reports
The Arcadia boss and his advisers are expected to take their case to three US-based institutions, including the company's biggest individual stakeholder Brandes Investment Partners, to persuade them to back his takeover.
Despite selling a slug of 10 million shares last week, San Diego-based Brandes still holds around 12 per cent of the company, while fellow US institutions Capital Group and Artisan hold a further six per cent between them.
Meanwhile, Green is expected to table a third offer of up to 400 pence per share for M&S within the next fortnight, the Sunday Express reported without citing sources.
The UK middle market in clothing could soon cease to exist according to new research. The traditional mass market is being squeezed by value-led retailers on the one hand and smaller fashion multiples...
German clothing firm Hugo Boss has criticised the Turkish government's tax policy in the country's free trade zones, saying that they have prevented the company from setting up a major production hub ...
Shares bought in retail group Arcadia by Jon Asgeir Johannesson, chief executive of Icelandic retailer Baugur, are being probed in a fraud case started by Icelandic police....
Wang Shenyang, Chairman of China Chamber of Commerce for Imports and Exports of Textiles, said that Pakistan and China need to work with each other to boost the development of textiles trade....
Luxury goods giant Hugo Boss AG plans to grow sales from its Boss Woman unit by approximately 30 per cent to almost €90 million this year, chief executive officer Bruno Saelzer told German magazine Eu...
Italian clothing and textiles group Marzotto does not plan any "extraordinary operations" for the Hugo Boss brand, Reuters quoted chairman Antonio Favrin as saying....
Luxury goods company Hugo Boss AG is planning to grow its shoes and accessories divisions over the coming years in order to capitalise on growing sales in those sectors, Financial Times Deutschland qu...
Fashion and textiles group Marzotto SpA said first-quarter 2005 sales and profits grew on good performances at its Hugo Boss and Valentino clothing units....
- Fashion fit for the future – strategies for speed
- Digitisation to drive new apparel-making models
- Will new Vietnam wage hinder competitiveness?
- Under Armour Lighthouse will disrupt production
- How TAL Apparel is staying ahead of the game
- Gap to shutter all UK Banana Republic stores
- M&S "unappealing" clothing a barrier to growth
- Reebok Liquid Factory reinvents shoe production
- Child refugees found in Turkey apparel factories
- Bangladesh tops China as lead cotton importer
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020