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House of Fraser to close stores amid restructure deal

2018-05-02 16:29:00| Daily apparel & textile news and comment - from just-style.com

House of Fraser is to reduce its store portfolio as part of a company restructure which will see Chinese retail group C.banner acquire a 51% stake in the struggling UK department store retailer.

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Mirror-Express deal to face public interest probe

2018-05-01 16:38:50| BBC News | Business | UK Edition

The government refers the deal for investigation by the UK's media and competition regulators.

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French Connection finalises Toast deal

2018-05-01 11:52:00| Daily apparel & textile news and comment - from just-style.com

French Connection has completed the sale of its premium lifestyle brand Toast to Danish apparel company Bestseller, in a move it previously said is expected to generate about GBP13.9m (US$19.6m) and help its return to profitability.

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Fitbit and Google ink healthcare cooperation deal for wearables

2018-05-01 09:06:00| Telecompaper Headlines

(Telecompaper) Fitbit and Google will together look to develop new consumer and enterprise health services. Fitbit CEO James Park said the cooperation will push the pace of innovation and define the next generation of healthcare and wearables. Under the deal, Fitbit will move to Google's new Cloud Healthcare API and Google Cloud Platform. This will enable it to create better and more useful data that can be put towards improving health outcomes.

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Suppliers fear Sainsbury's price squeeze after Asda deal

2018-05-01 02:01:32| BBC News | Business | UK Edition

A promise to slash consumer prices after Asda merger could hit suppliers hard, say industry groups.

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