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ASOS signs major shareholder as non-exec director

ASOS signs major shareholder as non-exec director Global digital fashion retailer ASOS has appointed a key shareholder, who’s also a “strong supporter of the company”, to its board. Reuters William Barker is the founder and CEO of California-based investment management…

ABG’s Ted Baker seeks job cuts

ABG’s Ted Baker seeks job cuts In a tough retail landscape, news of redundancies are expected grow following the key Christmas trading and clearance sale periods. Ted Baker Ted Baker The news, which was first reported by Drapers, sees it joining…

Shopify invests in wholesale platform Faire

Shopify invests in wholesale platform Faire By Reuters E-commerce giant Shopify Reuters Faire, founded in 2017 and valued at $12.59 billion, would become the recommended wholesale marketplace for Shopify merchants. The companies declined to disclose the value of the deal…

Boohoo adds another ‘major asset’ non-exec

Boohoo adds another ‘major asset’ non-exec Interesting times for Boohoo PrettyLittleThing He’s the boss of activist shareholder group Kelso, which also has a stake in THG, and he’s set to become an Independent Non-Executive Director with immediate effect.  Activist investors…

Psycho Bunny opens first Middle East store in Dubai

Psycho Bunny opens first Middle East store in Dubai ​North American men’s apparel brand Psycho Bunny has opened its first brick-and-mortar location in the Middle East, opting for the city of Dubai to make its regional debut. ​Located inside the Mall of…