French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal...
Retail
Emami board approves acquisition of 60% stake in IncNut Digital
The board of Emami at its meeting held today, i.e., 7 May 2026 has approved the execution of a share subscription and purchase agreement (SSPA) for acquiring 60% stake in IncNut Digital. IncNut Digital is having its...
Reliance Retail acquires Anomaly, expands beauty portfolio globally
Reliance Retail Limited (RRL) announced on Thursday the acquisition of Priyanka Chopra Jonas’s brand Anomaly Haircare, including its trademarks, brand assets, and digital properties for an undisclosed amount. With this...
UK retailer JD Sports sells entire Applied Nutrition stake for $66.5 million
British sportswear retailer JD Sports Fashion has sold its entire 9.1% stake in Applied Nutrition for about 49 million pounds ($66.47 million), a bookrunner said on Thursday. The retailer was the second-biggest...
Reliance Retail Limited acquires beauty and wellness brand ‘Pahadi Local’
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...
