Day: February 20, 2020


Deloitte India unveiled a comprehensive thought leadership publication titled, Retail FDI in India highlighting the growing relevance of foreign direct investment (FDI) and the government’s openness on FDI in retail trade in the country. According to the publication, the increasing Read more…


A customer enters a Pizza Hut restaurant in Princeton, Illinois. Daniel Acker | Bloomberg | Getty Images Pizza Hut’s largest U.S. franchisee is weighing restructuring options, including bankrutpcy, Bloomberg reported Wednesday. NPC International, which has about $1 billion in debt, Read more…


Les Wexner, the billionaire retailer who made Victoria Secret one of the most famous brands on the planet, has sold control of the troubled lingerie company as it deals with declining sales and the fallout of a scandal involving Wexner’s Read more…


Food ordering and delivery platform Swiggy on Wednesday said it has raised US$ 113 million (over Rs 805 crore) in the latest funding round led by existing investor Prosus NV. Meituan Dianping and Wellington Management Company also participated in the Read more…


Victoria’s Secret, which once dominated the lingerie category with its sexy image, will go private in a deal that shows how far the brand as fallen out of favor.  Private equity firm Sycamore Partners will acquire a 55% share in Read more…


Tills are ringing merrily in the high streets and it is all down to Boris Johnson. Thanks to the prime minister the dark clouds of uncertainty are now scudding away and a grateful nation feels free to start spending again. Read more…

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