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Related news & insights - Emily MacDonald
Fashion, luxury and lifestyle news aggregator - October 2024
Posted: 31/10/2024
The owner of British luxury brand Mulberry has rejected a second acquisition offer from Frasers Group. Challice Limited, Mulberry’s majority shareholder holding a 56% stake, described the offer as an ‘unwanted distraction’ and said it had ‘no interest’ in selling its shares in the fashion brand to the retailer. The £111 million bid follows an earlier £83 million......>>
Fashion, luxury and lifestyle news aggregator - September 2024
Posted: 30/09/2024
The Olympic and Paralympic Games were held in Paris this summer and, as predicted, saw a fusion between the worlds of sport and luxury fashion. French fashion group LVMH was described as ‘dominating’ the 2024 Games in a ‘multifaceted’ deal worth approximately USD $163 million that saw several of its ‘iconic Maisons’ taking on......>>
Penningtons Manches Cooper advises Jumo Health on merger with Falfurrias Capital Partners
Posted: 19/08/2024
The corporate team at Penningtons Manches Cooper has advised on the UK aspects of the merger of Jumo Health and Falfurrias Capital Partners. The team acted for Jumo Health, Inc (Delaware corporation), and its wholly owned subsidiary, UK company Jumo Health Limited, on this deal under Delaware law. The team worked closely with......>>
Fashion, luxury and lifestyle news aggregator - June 2024
Posted: 01/07/2024
Earlier this month ultra-fast-fashion retailer Shein filed for a London listing which could value the company at up to $50 billion. It comes after reports that an initial listing in the US fell through as a result of the giant’s extensive operations in, and links to, China. Shein, known for its affordable, trend-driven fashion, has seen rapid growth in recent years......>>
Fashion, luxury and lifestyle news aggregator - May 2024
Posted: 30/05/2024
Luxury brands are capitalising on artistic strategies to increase sales. Recently, Gucci presented its Cruise 2025 collection at London's Tate Modern, marking the shared history between the fashion house and the capital. Their collaboration has extended to Gucci supporting the Tate's upcoming ‘Electric Dreams’ exhibition and a......>>
Fashion, luxury and lifestyle news aggregator - April 2024
Posted: 30/04/2024
Pre-loved fashion retailer, Luxe Collective, has gone viral on social media for challenging members of the public to distinguish between real and fake designer handbags at its recent pop-up event in Liverpool. Luxe is a resale marketplace known for its ability to identify authentic pre-owned luxury goods and is one of the UK’s ‘fastest......>>
Fashion, luxury and lifestyle news aggregator - March 2024
Posted: 02/04/2024
Luxury clothing retailer, Matchesfashion, has announced it is to enter administration and cut 273 jobs (almost half of its workforce). Matches is home to some of the world’s biggest luxury names, including Gucci, Prada, and Yves Saint Laurent, as well as being known for championing smaller up and coming brands. Matches was acquired by......>>
Fashion, luxury and lifestyle news aggregator - February 2024
Posted: 29/02/2024
French luxury group Hermes has reported better than expected profits of €4.3 billion, representing an increase of 28% compared to 2022, whilst its luxury counterparts, including fashion group Kering, face dwindling sales. Kering’s top label, Gucci, saw its overall performance fall by 4% year-on-year in the final quarter of 2023, which perhaps......>>
Fashion, luxury and lifestyle news aggregator - January 2024
Posted: 30/01/2024
It was another bleak Black Friday last year as the number of shoppers and transactions in the UK and across the globe dropped below the figures on the same day in 2022. But compared to the equivalent Friday in October, Black Friday was considerably busier with transactions up by 2.7%, demonstrating the popularity of the shopping......>>
Penningtons Manches Cooper advises FTSE-250 owner of business and industrial parks on £146 million placing
Posted: 12/12/2023
The corporate team at Penningtons Manches Cooper has advised Sirius Real Estate Limited, an owner of business and industrial parks in Germany and the UK, on a placing which raised gross proceeds of £146.6 million. The capital raise comprised an institutional placing in the UK, a placing to selected qualified investors in South Africa......>>
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