A controlling stake in Liberty has been sold by current owner BlueGem to private equity consortium Glendower Capital.
Ted Baker founder and former chief executive Ray Kelvin is mulling support for a private equity buyout of the company, just four months after leaving following allegations of sexual harassment.
As Aldi launches in China, Carrefour is scaling back. The French retail giant is the latest in a long line of big international retailers to dial down their presence in the Chinese market.
The best of global retail was celebrated last night at the World Retail Awards, held at the World Retail Congress in Amsterdam.