Paris Tops Global Luxury City Ranking, London Makes Top 10
Paris has been named the world's best city for luxury living, beating Melbourne and Zurich. Discover the top 10 cities where wealth and high-end amenities converge.
Category : Search result: luxury acquisition
Saks may file for bankruptcy despite billions raised
Luxury retail giant Saks Global Enterprises, owner of Saks Fifth Avenue and Neiman Marcus, is reportedly considering Chapter 11 bankruptcy as a $100m payment deadline looms. Discover the details of the high-stakes financial crisis.
Matches Fashion to Relaunch in 2026 After Administration
Luxury retailer Matches Fashion is set for a 2026 comeback after being bought from administration by the founders of Mile. The brand collapsed in 2024 owing over £210m.
Versace creative director exits days after Prada deal
Dario Vitale leaves Versace just two days after Prada's $1.375bn acquisition. His departure marks a swift change following the luxury brand's takeover. Read the full story.
Prada finalises £1.1bn acquisition of Versace
Prada Group finalises its €1.25bn takeover of rival Versace, placing Lorenzo Bertelli as chairman. Discover how this reshapes the luxury landscape and Versace's future strategy.
Victoria Beckham Business Sale: Fashion Empire For Sale
Victoria Beckham's fashion and beauty businesses are reportedly for sale, with the brand projected to hit $100 million in net sales this year. Discover the details behind this potential acquisition.
Luxury sales fall as shoppers reject price hikes
Global personal luxury goods sales are forecast to drop 2% in 2025, marking the first two-year decline since the financial crisis. Discover why affluent shoppers are turning away from premium brands.
Prada heir Lorenzo Bertelli named Versace chairman
Lorenzo Bertelli, heir to the Prada empire, is set to become Executive Chairman of Versace following its €1.25bn acquisition. Discover the strategic vision for the iconic brand.
Pizza Hut UK May Be Sold by Parent Company Yum! Brands
Yum! Brands, the global restaurant giant, is reportedly exploring the sale of its Pizza Hut UK operations, potentially ending its direct ownership of the beloved pizza chain across Britain.
Denny's Agrees to $700M Private Equity Takeover
Iconic American diner chain Denny's announces landmark deal to be taken private by The One Group in a strategic move valued at approximately $700 million, marking a significant shift for the beloved restaurant brand.
Pizza Hut UK Sold to American Investment Giant
In a major fast-food industry move, Yum Brands divests its UK Pizza Hut operations to private equity firm Pemberton Capital Advisors, ending decades of direct control.
Telegraph bidder reported for editorial rule breach
RedBird IMI faces investigation after reportedly failing to notify government about potential breach of editorial protection rules during Telegraph acquisition bid, raising concerns about press freedom.
Kimberly-Clark in Merger Talks with Kenvue
In a seismic shift for consumer healthcare, household goods titan Kimberly-Clark is reportedly in advanced discussions to acquire Kenvue, the company behind Tylenol and Band-Aid, in a deal that could reshape the global market.
Bali's Top Luxury Hotels: Ultimate Tropical Indulgence
Discover Bali's most exquisite luxury hotels offering private pools, world-class spas, and breathtaking ocean views for the ultimate tropical indulgence.
Bezos Confronts White House Pressure Over NBC Bid
Amazon founder Jeff Bezos faces political scrutiny as the White House reportedly pressures Comcast to reject his bid for NBCUniversal, with Donald Trump allegedly seeking revenge through media acquisitions.
Mike Ashley bids £10m for Sheffield Wednesday takeover
Former Newcastle United owner Mike Ashley makes shock £10 million move for Sheffield Wednesday, challenging current owner Dejphon Chansiri in high-stakes battle for control of the historic Championship club.
Billionaires' secret California city plan sparks outrage
Silicon Valley titans pour billions into controversial new city project in Solano County, facing fierce local opposition and political scrutiny over their secretive land grab tactics.
Paramount's £2.3bn Activision Blizzard acquisition bid
Paramount Pictures makes strategic £2.3 billion move to acquire Activision Blizzard, creating entertainment powerhouse amid industry consolidation.
Trump's Secret TikTok Seizure Plan Exposed
Exclusive: Trump administration considered extreme measures to force TikTok's transfer from Chinese ownership, including freezing assets and shareholder control, according to former official Miles Bessent.
Novo Nordisk bids for obesity biotech Metsera, challenging Pfizer
Danish pharmaceutical giant Novo Nordisk enters bidding war with Pfizer for obesity biotech firm Metsera, signalling major shift in weight-loss treatment market competition.
M&S Acquires Fashion Brands from Frasers Group
Marks & Spencer expands its fashion empire with the acquisition of clothing brands from Frasers Group, including Nobody's Child and Gieves & Hawkes, marking a significant shift in UK retail strategy.
Telegraph sale turmoil over Chinese bidder spy allegations
The controversial sale of The Telegraph faces unprecedented chaos as Redbird Capital's Chinese-backed partner becomes embroiled in espionage accusations, triggering government intervention.
The White Company acquires Scandi brand in retail expansion
British luxury lifestyle brand The White Company makes strategic move into Scandinavian design market with surprise acquisition, signalling major expansion plans.
Hidden feature could make your luxury bag worth £500 more
Discover how a hidden authentication feature is revolutionising luxury resale values and protecting buyers from counterfeits in the booming pre-owned market.
Amazon's Roomba Acquisition Blocked by EU Regulators
Amazon's proposed $1.7 billion acquisition of iRobot faces EU regulatory blockade, threatening the future of Roomba and reshaping smart home market competition.
£1,000 Dressing Gown Test: Luxury or Overpriced?
Discover whether this extravagant £1,000 dressing gown from The Merchant Fox delivers enough comfort and quality to justify its staggering price tag in our honest review.
Warner Bros Discovery Eyes Paramount in Mega Media Merger
Exclusive: Warner Bros Discovery CEO David Zaslav explores potential acquisition of Paramount Global, signalling massive consolidation in streaming and entertainment sectors.
Volvo and VW lead takeover of chipmaker Nexperia
A European automotive alliance including Volvo and Volkswagen has successfully acquired Chinese semiconductor firm Nexperia, marking a strategic move to secure crucial chip supplies amid ongoing global shortages.
Amazon Gains James Bond Rights Through MGM Acquisition
The iconic James Bond franchise rights have transferred to Amazon following their acquisition of MGM, potentially reshaping the future of 007 cinema with streaming-first strategies.
Amazon buys MGM and James Bond in $8.45bn mega-deal
In a cinematic power move that's shaken the entertainment world, Amazon has sealed a staggering $8.45 billion deal to acquire MGM Studios, securing the legendary James Bond franchise and transforming the streaming landscape forever.
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