By Bloomberg Published Apr 22, 2024 Express Inc., the clothing retailer that rose to prominence through its business casual apparel, filed for bankruptcy after a turnaround effort fell short. Express has received a non-binding letter of intent from a consortium led by WHP Global for the potential sale of a substantial majority of its retail … Read more
Crisis-hit American retailer Express Inc said on Monday that it has received a non-binding letter of intent for the potential sale of a substantial majority of the company’s retail stores and operations”. Express It came from a consortium led by its major business partner WHP Global, as well as a wholly owned indirect subsidiary of … Read more
News last year that Shein and Authentic Brands Group were interested in buying Topshop – currently owned by ASOS – seemed to be just a rumour. But now the speculation has resurfaced and given the well publicised problems at ASOS it could mean that a takeover by one of the fast expanding businesses is more … Read more
