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Tag: raise

John Lewis & Waitrose to raise £5m to help struggling families

The initiative will launch in November and would be complemented by the soon-to-be released Waitrose and John Lewis Christmas advert. // John Lewis & Waitrose reveal plans to raise £5m to help two charities over the Christmas period // They will support FareShare, a food poverty charity, and Home-Start, which works with parents who need …

John Lewis & Waitrose to raise £5m to help struggling familiesRead More

No-deal Brexit will raise cost of UK household staples, say retailers | Brexit

The cost of household staples, ranging from meat and cheese to school uniforms and drinking glasses, will substantially increase if there is no Brexit trade deal, British retailers have warned. With just six months to go before the UK leaves the EU entirely by exiting the single market and the European customs union, retailers fear …

No-deal Brexit will raise cost of UK household staples, say retailers | BrexitRead More

Co-op hopes to raise £30m for people hit by Covid-19 lockdown | Business

The Co-op hopes to raise £30m to help those hardest hit by the coronavirus lockdown by allowing members to donate their unspent shopping reward points to a new support fund which will also draw on the chief executive’s salary. The food retailer estimates that its 4.6 million members have built up points worth £30m by …

Co-op hopes to raise £30m for people hit by Covid-19 lockdown | BusinessRead More

Athletes team up to raise money for people affected by coronavirus

More than 60 athletes are helping to raise money for COVID-19 relief. Source: Octagon The biggest names in sports are coming together to raise money and awareness for COVID-19 relief. Sports agency Octagon has launched a fundraising platform “Pledge It,” to provide a place for its athletes to help support local nonprofits that are most …

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Future Lifestyle Fashions to raise over Rs 600 crore from promoters, IFC

Kishore Biyani-led Future Lifestyle Fashions on Thursday said its board has approved raising over Rs 610 crore from its promoters and IFC, which will be used for enhancing stake in subsidiaries and debt reduction. According to a PTI report: The board of directors of the company at its meeting held on Thursday also approved an …

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CAIT seeks audience with Trump to raise concern over biz practices of Amazon, Flipkart, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Thursday said it has sought an audience with US President Donald Trump, who will be visiting India on February 24-25, to express concern over business practices being followed by American companies like Amazon and Walmart-owned Flipkart in India. “We will apprise him of the practices being adopted by US …

CAIT seeks audience with Trump to raise concern over biz practices of Amazon, Flipkart, Retail News, ET RetailRead More

Shopping centre owner Intu’s shares fall as it aims to raise up to £1bn | Business

Shares in Intu fell sharply after the indebted shopping centre owner confirmed it would push ahead with a cash call thought to be worth as much as £1bn. Intu, which owns shopping centres including the Trafford Centre in Manchester and Lakeside in Essex, said that it attempt to tap investors for funds alongside its full-year …

Shopping centre owner Intu’s shares fall as it aims to raise up to £1bn | BusinessRead More

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET Retail

By Scott Murdoch HONG KONG, – Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8% discount to their last closing price in New York, two sources with direct knowledge of the matter said. The company has given guidance to prospective institutional investors …

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET RetailRead More

Jumbotail, NinjaCart raise more as B2B Ecomm finds love, Retail News, ET Retail

BENGALURU: Sector-focused B2B companies such as Jumbotail and NinjaCart have raised additional capital from existing backers as they prepare to raise more funds in the next few months, close on the heels of bigger rival Udaan picking up $585 million in one of the biggest late stage investment rounds this year. Jumbotail raised Rs 14 …

Jumbotail, NinjaCart raise more as B2B Ecomm finds love, Retail News, ET RetailRead More

Alibaba prices Hong Kong listing, looks to raise up to $13.8 billion

The Alibaba Group Holdings Ltd. headquarters stand illuminated at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, Nov. 10, 2019. Qilai Shen | Bloomberg | Getty Images Alibaba announced pricing of shares for its upcoming secondary listing in Hong Kong in which it could raise up …

Alibaba prices Hong Kong listing, looks to raise up to $13.8 billionRead More