Reliance Retail Limited, India’s largest retailer, on Monday, announced that it has completed the acquisition of the brand ‘Pahadi Local’ along with the business from Pahadi Goodness Private Limited...
Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report
Vishal Mega Mart’s promoter entity Samayat Services LLP is expected to sell 6.5% stake in the company via a block deal. The shares are likely to be sold at a price of Rs 115 apiece, which implies a 10% discount...
Morrisons explores $1.4 billion property financing deal, Sky News reports
British supermarket group Morrisons is exploring options to raise up to 1 billion pounds ($1.36 billion) secured against part of its large freehold store portfolio, Sky News reported on Friday, citing sources. The...
Next buys British footwear brand Russell & Bromley
Fashion retailer Next said on Wednesday it has purchased British footwear brand Russell & Bromley through an insolvency process, paying 2.5 million pounds ($3.4 million). Next said it was also paying 1.3 million...
Saks Global files for bankruptcy due to heavy debt load months after Neiman Marcus takeover
Saks Global, a US luxury retail group, filed for bankruptcy protection late on Tuesday (January 13, 2026). The high-end department store conglomerate struggled with a substantial debt load due to multiple reasons...
RedTape founders seek stake sale, eye Blackstone and KKR interest
Indian footwear firm RedTape’s founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, according to sources and a...
Arvind Fashions snaps up Flipkart’s stake in Flying Machine for Rs 135 crore
Arvind Fashions said on Monday it will buy Flipkart India’s entire 31.25% stake in its denim-focused unit that runs the Flying Machine brand, in a deal valued at Rs 135 crore. Arvind Youth Brands Private Limited runs...
Arvind Fashions to acquire balance stake in Arvind Youth Brands
Arvind Fashions has entered into a Share Purchase Agreement (SPA) with Flipkart India (seller) to acquire the seller’s entire shareholding i.e. 31.25% on a fully diluted basis in Arvind Youth Brands (subsidiary of...
NCLT clears merger of Amazon marketplace with logistics arm
The National Company Law Tribunal (NCLT) has allowed the merger of Amazon Transportation Services (ATSPL) with Amazon Seller Services (ASSPL), paving the way for the local arms of the US-based ecommerce firm to...
Prestige Estates rises 2% as unit acquires stake in Bharatnagar Buildcon
Shares of Prestige Estates Projects Ltd. rose over 2 per cent on Thursday after the company’s subsidiaries, Prestige Falcon Realty and Prestige Projects, acquired a partnership interest worth ₹938.75 crore in...
Apparel retailers Destination XL and FullBeauty agree to merger of equals
Retailers Destination XL Group and FullBeauty Brands agreed to merge, creating a bigger player in the size-inclusive apparel market, the companies announced on Thursday, confirming an earlier Reuters report. The...
Italy conditionally approves Chinese JD.com’s takeover of Ceconomy
Italy’s government has given its conditional approval to Chinese e-commerce giant JD.com’s takeover of German electronics retailer Ceconomy, a parliamentary document showed on Thursday. Using its so-called...
