Europe's retail sector is set for a pick-up in takeover activity, despite a weak consumer outlook, as groups that restructured in the recession turn their focus to growth and confidence returns to private equity firms.
Updates from three of Britain's biggest clothing retailers should shed a little more light next week on whether consumers are starting to spend more freely ahead of the key Christmas trading period. Mid-market players...
Could Topshop soon be seen in Paris? That seems more and more likely as owner of the Arcadia group Sir Philip Green stated to the British press that he wants to expand Topshop’s network to include Milan, Paris and China.
Icelandic holding company Baugur, which has major retail interests in Britain, said on Wednesday it had applied for court protection after restructuring talks with its lenders failed."This morning Baugur .