Frasers Group and Next said to be eyeing Ted Baker

Just a day after news of Ted Baker closing a third of its UK stores, it has been reported that two serial acquirers of distressed businesses have expressed an interest in taking on the operation. Ted Baker And who are they? Step forward the usual suspects, Frasers Group and Next. A report in The Times […]

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Hedge funds are selling stocks at the fastest pace in three months

Hedge funds are dumping stocks at the fastest pace in three months as what’s often called ” the smart money ” stepped up bearish wagers against equities amid the recent pullback. The professionals sold global stocks on a net basis for a second straight week last week, driven almost entirely by short sales, according to […]

Former Bowlero exec says company threatened to report him to FBI

The Bowlero location at Chelsea Piers in New York City. CNBC A former executive at Bowlero, the world’s largest owner and operator of bowling centers, has asked a court’s permission to countersue his former employer for extortion and retaliation, after an executive on a recorded call threatened to report him to the FBI if he […]

Sports Direct dubs Newcastle United kit deal unlawful

He said clubs of comparable size, such as Celtic, or “one-city” teams including Leicester City and Leeds United, and even the Welsh and Scottish FAs had agreed exclusivity deals with JD Sports which the “gorilla in the marketplace”, Sports Direct, had not objected to. Source link

Fairphone launches easy-to-repair earbuds | TechCrunch

The right to repair has been a hot topic for several years now, hitting a kind of critical mass with domestic and international legislation. Advocates note that these proposals give users more control over their own property, while expanding products’ shelf life and reducing e-waste. Fairphone is, perhaps, the most prominent hardware company to make […]