Articles tagged Deals & Rumours

Retail News - Avon mulls the sale of its North American business

Avon is on the brink of selling off its North American business, according to reports.

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Retail News - Shopify to float in Canada and the US

Shopify has filed with US-based regulators for an initial public offering in Canada and the United States, it has emerged.

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Finnish electronics company Nokia is in talks with French rival Alcatel-Lucent over a possible merger. The deal would create a telecoms group worth more than €40 billion.

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Spanish billionaire and Inditex founder Amancio Ortega has snapped up a number of prime retail properties in London, The Sunday Times reports.

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The finance arm of Chinese e-commerce phenomenon Alibaba has announced a partnership with compatriot smartphone manufacturer Xiaomi to develop mobile payment systems integrated with wearable technology.

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Retail News - BT shareholders set date for £12.5bn EE deal

BT shareholders will make their final decision on whether the £12.5 billion acquisition of EE will go ahead on 30 April.

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In its search for a spot among the online giants, Chinese e-commerce firm Alibaba is making a play for the music streaming market by inking a music distribution deal with Germany’s BMG.

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A company registered in Jersey and controlled by the family of Sir Philip Green has benefitted to the tune of £70 million from the sale of 12 retail properties to the new owners of BHS, The Guardian reports.

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Retail News - Yoox eyes Net-a-Porter purchase

Yoox, the Italian e-tailer, is the latest business to show an interest in bidding for Net-a-Porter, the luxury fashion business.

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US e-commerce juggernaut Amazon is in talks with UK luxury fashion e-tailer Net-a-Porter, according to WWD.

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