UK: Next buys Lipsy fashion brand for GBP17.4m
By just-style.com | 3 October 2008
High street and catalogue retailer Next Plc has bought women's fashion brand Lipsy for GBP17.4m (US$30.8m) in cash.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
UK: Next faces double whammy as FY profit falls 14%
Clothing retailer Next is facing a double whammy of falling like-for-like sales and rising input costs in 2009, after posting a 14% decline in full-year profits to GBP429m (US$627m).
UK: Ted Baker faces tough year as profit falls 11.4%
Fashion label Ted Baker is facing up to a tough 12 months ahead after recording an 11.4% decline in full-year underlying profit to GBP19.6m (US$28.6m).
UK: John Lewis to revamp online store
UK department store chain John Lewis is expected to bolster its online clothing store as part of changes to its John Lewis Direct website.