News@Nine MONDAY 24TH OCTOBER 2016
by My-Retail Media Forward to a friend Forward to a friend

View online | Sign in | Register

Debenhams' boss in the spotlight over pension fund woes

23 October | 04:12 PM | City A.M. | News

The new chief of Debenhams, Sergio Bucher, will be under the microscope for the first time this week when the company announces its full year results. Bucher joined the department store from Amazon, where he was vice president, and is under pressure to solve the question of Debenhams' growing pension scheme deficit.

Debenhams image

Green button shopping cart

Shops face €50k bill to keep drink out of sight

The retail sector faces a €100m bill if a proposed law requiring shops to keep alcohol out of sight of shoppers is passed.


AT&T agrees to buy Time Warner for $85 billion

AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing number of online viewers.


Foreign buyers circle struggling French Connection

French Connection is being circled by overseas retail investors and private equity firms amid growing speculation that its septuagenarian founder may be willing to consider a sale. The company, which has been struggling to compete with rivals such as Zara and Ted Baker, has been seeking advice from investment boutique Moelis. It is understood the fashion chain has had recent approaches following the retailer’s fifth consecutive year of losses and a subsequent fall in the share price.

My Tube: Dior J'adore - Third moment with Charlize Theron
Dior J'adore - Third moment with Charlize Theron

My-Retail Media delivers all the breaking retail news directly to your inbox or online with comment, insight, statistics and video.

Want to personalise your news?
We offer bespoke personalised subscriptions so you receive the news that you want to know about, when you want it, where you want it!

Sign up for a 14 day FREE trial of our bespoke news service by clicking here.

cosmetics 002

Estée Lauder acquires Becca Cosmetics for US$200 million

Estée Lauder has acquired Becca Cosmetics from Luxury Brand Partners for a reportedly US$200 million. Becca Cosmetics was founded in 2001 and is expected to earn approximately $80 million in 2016. It is mostly known for its non-Caucasian clientele, contouring products and collaborating with YouTube makeup star Jaclyn Hill. Hill featured one of BECCA’s products in a makeup tutorial that resulted in a tripling of sales. Hill has over three million subscribers and her videos regularly log nearly one million views.

cart in an isle - blue

Lidl accuses supermarket rival Tesco of being 'serial objector' to Irish plans

Lidl made the charge in planning documents in response to Tesco lodging an appeal against it securing planning permission for a new store in Drogheda, Co Louth. An Bord Pleanála has now given Lidl planning permission for the Drogheda plan. In a double planning reversal for Tesco, the board has also given the green light for a new Aldi store at Leixlip in Co Kildare which Tesco also opposed.

Burberry bag

Rumours that Burberry will merge with US handbag firm Coach send shares soaring 7%

A financial blog sent the rumour mill into overdrive and Burberry shares soaring when it speculated that the luxury retailer was in talks to merge with US brand Coach. The pair were rumoured to be speaking to financial advisers at investment bank Evercore about the prospect of a deal which would create a £16billion luxury clothing giant.

For all other latest retail news, please visit

Follow Us:   Facebook   Twitter   LinkedIn   Google+ 

MyM-e Ltd 54 South Molton Street, W1K 5SG, London
E-Mail: Tel: (0)207 099 0509
Company Registration No. 06883762, Registered in England
© 2016 MyM-e Ltd — All Rights Reserved