On October 13, the major shareholder of the British luxury brand Mulberry, operated by the Mulberry Group, issued a statement declaring that it has no intention of selling its shares in response to Frasers Group’s takeover proposal.
Tag: corporate acquisition
Frasers Group, led by Mike Ashley, has acquired the popular British fashion brand Ted Baker and is looking to steer it as a new partner.
On December 18, luxury e-commerce platform Farfetch, which was on the verge of bankruptcy, was reportedly being acquired by South Korean e-commerce giant Coupang for $500 million.
