Next strikes deal to operate Gap brand stores in UK, Ireland
UK clothing and homeware retailer Next Plc is to manage the Gap brand business for US specialty clothing retailer Gap Inc in the UK and Ireland as a franchise partner.
Deals
Spiber raises $312m in pre-IPO growth phase
Japanese biomanufacturing startup Spiber has raised JPY34.4bn (US$312.6m) in funding to help drive a rapid...
JD Sports weighing bid for Missguided?
Sports retail giant JD Sports Fashion Plc has refused to be drawn into speculation it...
Lectra to boost fashion offer with Gemini CAD Systems
French technology specialist Lectra has inked a deal to acquire the entire capital and voting...
TZP Group takes majority stake in underwear firm Saxx
Private equity firm TZP Group has increased its investment in Canada’s Saxx Underwear in a...
Gap Inc acquires virtual fit start-up Drapr as Q2 sales surge
Gap Inc has acquired Drapr, an e-commerce start-up and online application based on technology that enables consumers to create 3D avatars and virtually try on clothing – and posted its highest second-quarter sales in over...
American Eagle acquires logistics start-up AirTerra
American Eagle Outfitters says its new acquisition AirTerra will be run independently, supporting the company's supply chain, while also providing services to other retailers.
Sainsbury’s takeover rumour sends shares surging
Sainsbury’s is reportedly the next of the UK’s Big Four on the takeover radar of US private equity firms, news that sent the supermarket’s shares spinning to a seven-year high.
Morrisons takeover battle heats up on new bid from US firm
The takeover battle for UK supermarket group Morrisons continues to heat up with the Nutmeg clothing-owner accepting a new and improved GBP7bn (US$9.7bn) bid from US private equity group Clayton, Dubilier & Rice (CD&R).
Spinnova and The North Face create sustainable partnership
Outdoor apparel brand The North Face and sustainable textile material company Spinnova are working together to develop sustainable and high-performance outdoor apparel.
Is the apparel sector seeing the beginnings of an internet of things investment boom?
Internet of things deals, jobs and patents have been booming in the last few years. But is the apparel sector keeping up?
