Anta Sports officially becomes largest Puma shareholder
The Chinese sports giant finalized its acquisition of a roughly 29% stake in the athletics brand for about $1.7 billion.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Canada's Weston Family Agrees $8.9bn Boots Deal, Marking Return To Ireland
Canada's Weston has entered into an agreement to acquire Boots and its associated businesses for $8.9 billion (€7.96 billion).
Boots sold to Weston family in £6.7bn deal
Boots is set to change hands again after the Canadian arm of the billionaire Weston family agreed to acquire the health and beauty retailer for $8.9bn (£6.7bn), including debt…
PUMA names new majority shareholder
PUMA has named Chinese sportswear firm ANTA Sports as its new largest shareholder, marking a “new chapter” for the firm. This follows ANTA Sports acquisition of the 29.06 per cent…
PepsiCo Running Out Of Time To Meet Elliott-Inspired Targets As GLP-1 Threat Intensifies
PepsiCo is running out of time to deliver on the growth and margin targets set out after Elliott took a $4 billion stake last year.
Xandres is growing in the Netherlands and expanding into Germany
Xandres attributes its revenue growth in the past fiscal year primarily to strong momentum in the Netherlands. Now, the Belgian fashion company is shifting its focus to Germany…
Lidl GB invests record £400m in price as it steps up loyalty spend
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Turnover grows 4.5% at Sweaty Betty but losses hit £5.25m
Sweaty Betty’s pre-tax losses have hit £5.25m, as the activewear brand faced higher administrative and operational costs associated with restructuring. The sportswear specialist…
Parfetts brings The Local fascia to four Carlisle stores
The deal has seen investment across the four stores, including new branding and refreshed layouts
Cotswold Outdoor Group expands retail media strategy to in-store with Broadsign and IUF
Collaboration delivers scalable display network infrastructure, creating new omnichannel opportunities for advertisers and driving measurable results
Ikea launches second-hand marketplace in the UK
Retailer expands circular economy push following €1.2bn investment in lower prices across Europe
Lidl cuts prices on 1,200 products with £400m investment
Discounter expands loyalty discounts and in-store technology as customer footfall rises