Virgin Atlantic set to seal rescue deal
Virgin Atlantic’s rescue deal is set for completion this week after a UK judge sanctioned the airline’s restructuring…
Consumer & Retail
Consumer & Retail News
Nestle makes Aimmune buyout
Gaining full ownership of the first US-approved peanut allergy treatment , Nestle is paying US$2bn to buy the…
Nestle to sell China water business
Nestlé is to sell its China water business to Tsingtao Brewery Group as part of a strategic cooperation…
M&S ventures into food delivery
In an attempt to turn the company around and offset problems at its pandemic-hit clothing business, Marks & Spencer will make…
Delivery Hero expands in Middle East, North Africa
Germany’s Delivery Hero has agreed to buy online grocery marketplace InstaShop for an initial US$270m, as it branches…
Carrefour to buy 172 stores in Spain
French supermarket retailer Carrefour is buying 172 stores under the Supersol banner in Spain, in a deal worth…
LVMH, Tiffany push back deal deadline
After the deal did not close on the 24 August date set out in deal documents, French luxury goods giant LVMH and US jewellery chain Tiffany…
Consumer & Retail Sector Reports
Go Outdoors seeks to expand its horizons
The UK outdoor retailing sector is braced for further consolidation after the management of Go Outdoors appointed advisers…
Discounters advance as retailers search for growth
For those operating in the retail sector, the balancing act of how to secure meaningful growth; protect market…
Craft beer set for consolidation
SABMiller’s recent acquisition of the UK-based craft brewer Meantime Brewing Company gave the brewing giant an entry point…
