Browsing: financial challenges

In a strategic move by Kering, Gucci appoints Stefano Cantino as the new CEO, effective January 2025, following a challenging…

Monese has negotiated a debt arrangement with Pockit as it seeks new funding sources after HSBC devalued its investment in…

Frasers Group bids for Mulberry amid financial challenges, aiming to avoid ‘another Debenhams situation’.Mulberry swiftly rejects Frasers’ £83 million offer,…

The UK garden centre sector is experiencing significant challenges, affecting major chains like Dobbies and Homebase.Dobbies plans to close 17…

Frasers Group, owned by billionaire Mike Ashley, has offered £83 million for the remaining shares of Mulberry. The move comes…

The UK branch of Ab Inbev, known for producing popular beers, faced significant financial challenges in the last year. Despite…

British luxury brand Mulberry is taking strategic financial steps amid recent losses.Mulberry has announced plans to raise over £10 million…

Cosmetics retailer Lush has decided to end its main charitable giving scheme, a decision set to take effect by the…

ProBiotix Health faces a significant leadership challenge as one of its major shareholders calls for the CEO’s resignation, sparking turmoil…

Card Factory has expanded its partnership with Aldi, becoming its exclusive card supplier.This collaboration marks an increase in Card Factory’s…