After months of speculation about who would become the new owner of the UK health and beauty Boots business, the answer is… nobody. Its current owner has pulled it from sale with buyers unwilling to pay a premium price.
The sports market continues to grow and that means we’re seeing plenty of launches and deals at present with the latest deal being for a UK business and a French one that are combining to create a major sports group.
The British economy could be in line for a “painful inflation spiral”, the Bank of England’s chief economist Huw Pill has warned. He points to a shortage of workers and businesses’ willingness to pass on higher costs.
Nike beat estimates for quarterly revenue on Monday, as strong demand for its athletic apparel and sneakers in Europe helped the company counter lower sales in China following pandemic-related lockdowns in the country.
While Paris hosted the men’s fashion week, the Tranoï show was held on June 23-26 at the Palais de Tokyo in the city, with some 40 established and emerging labels showcasing their menswear collections.
Fashion supply chain trade show Pure Origin has become the UK’s largest sourcing event. The show, which runs parallel to Pure London on 17-19 July at Olympia London, will feature 20 new ‘Country Pavilions’.