Thai investor plans to buy Signa Brands including Selfridges

By Bloomberg Published Apr 1, 2024 Thailand’s Central Group plans to buy upscale brands from Signa Retail Luxury Holding, including Selfridges in London, Germany’s KaDeWe Group and Switzerland’s Globus, according a report by Business Insider.  Bloomberg Central Group is in talks with Saudi Arabia’s Public Investment Fund about Selfridges, according to the report. The Thai […]

Gildan’s ex-CEO lambastes possible sale, unveils strategy for his return

By Bloomberg Published Apr 1, 2024 Gildan Activewear Inc.’s former chief executive officer said he has a strategy to nearly double the clothing maker’s profits by 2028 if he returns to the job — and that investors will be better off with his plan than selling the company to the highest bidder. Glenn Chamandy – […]

Turkish opposition declares victory in main cities

By Paul Kirby & Cagil Kasapoglu Turkey’s main opposition party has declared victory in high-stakes elections in the main cities of Istanbul and Ankara. Ekrem Imamoglu, who first became opposition mayor in Istanbul in 2019, said “the picture pleases us greatly”. A year after Recep Tayyip Erdogan secured a third term as president, he had […]