Welcome to Top Store

Best Products at Best Prices

0$0.00

No products in the cart.

Tag: approves

Future Retail board approves raising funds up to US$500 million

Kishore Biyani-led Future Retail on Saturday said its board has approved raising of long-term funds up to US$ 500 million (around Rs 3,588 crore) for the acquisition of certain in-store infrastructure retail assets. “The board has reconsidered the various funding options for the acquisition of the retail infrastructure assets and found it more efficient to …

Future Retail board approves raising funds up to US$500 millionRead More

Destination Maternity approves stalking horse bid; would close all remaining stores 

Get great content like this right in your inbox. Subscribe A brand acquisition and licensing firm has made an offer to buy the brand name, online business and other intellectual assets of Destination Maternity for approximately $50 million.  The bankrupt retailer announced it has made a motion to approve the selection of Marquee Brands  as …

Destination Maternity approves stalking horse bid; would close all remaining stores Read More

Future Retail’s shares surge as regulator approves Amazon investment, Retail News, ET Retail

BENGALURU: Shares in Future Retail Ltd surged 13% on Friday, after antitrust body approved a deal that would give Amazon.com Inc a minority stake in one of the country’s top retail groups. Future Retail in August announced the deal that would result in the US online retail giant acquiring a 3.58% stake in the company, …

Future Retail’s shares surge as regulator approves Amazon investment, Retail News, ET RetailRead More

Judge approves Barneys sale to Authentic Brands but…..  

Get great content like this right in your inbox. Subscribe The saga of Barneys New York is almost at its end.  With no other competing bid, a bankruptcy court judge on Thursday approved Barneys New York’s sale to Authentic Brands Group (ABG) and B. Riley Financial Inc. for $271.4 million. ABG, which specializes in brand licensing, has …

Judge approves Barneys sale to Authentic Brands but…..  Read More