Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a £6.3 billion ($8.8 billion) offer from a group led by another U.S. firm.
Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
The Italian luxury brand famous for its iconic down jackets announced on Tuesday that it has entered into an agreement with Temasek Holdings to acquire the remaining 30% stake of Stone Island’s parent company.
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.
David Morris has linked with Farfetch to sell jewellery online in a first for the firm and the sector with it saying it’s the first time an upscale jeweller has launched a High Jewellery collection via e-commerce.