Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman, announced on Thursday that it has agreed to buy Capri Holdings, the owner of Michael Kors, Versace and Jimmy Choo, in a cash deal valued at $8.5 billion (€7.7…
Barretts Bakery, a well-known bakery chain that has been operating in Perth for over 25 years, is in danger of being liquidated after owing $2 million to the Australian Taxation Office (ATO). The chain, which has seven stores across the city,…
Southern Rail has announced proposals to change its West Coastway timetable, which would affect passengers travelling between Southampton and Gatwick Airport. Under the new plans, direct trains from Southampton Central to London’s second-biggest airport would be axed, and passengers would…
Fig and Fox, a gift and lifestyle shop that sells locally made and environmentally friendly products, is expanding its business with two new outlets this year. The shop, which opened in The Hundred in Romsey in October, is run by…
The future of Wilko, the family-owned homewares and hardware retailer, is in doubt as it faces administration after failing to secure a rescue deal. The company, which has more than 400 stores and 12,000 employees in the UK, confirmed last…
IKEA, the global furniture giant, is set to open a new store in downtown San Francisco on August 23, the company announced on Tuesday. The store will be located at 945 Market Street, near the Powell Street BART station, and…
Samsung’s next flagship smartphone, the Galaxy S24 Ultra, could have a major camera upgrade, according to a new leak. The device is rumored to feature a 50MP 3x telephoto camera, which would be a significant improvement over the 10MP 3x…
Xiaomi, the Chinese smartphone maker, is set to unveil its latest foldable smartphone, the Mi Mix Fold 3, on August 14 in China. The company’s CEO, Lei Jun, confirmed the launch date and shared some official images of the device…
Epassi Group, a Nordic leader in digital employee benefits payments, has sold a majority stake to two global private equity firms, TA Associates and Warburg Pincus, for an undisclosed amount. The deal will support Epassi’s vision to become the leading…
Amyris, a biotech firm that produces sustainable ingredients for various industries, has filed for Chapter 11 bankruptcy protection in the U.S. court. The company said it intends to sell its consumer brands, such as Biossance and Pipette, to improve its…
Symphony Technology Group (STG), a private equity firm that invests in technology companies, has agreed to buy Avid Technology Inc, a leading provider of media editing software and hardware, for about $1.4 billion, including debt. The deal, which was announced…
Carmell Corporation (CTCX), a regenerative care company, has announced the successful completion of its merger with Axolotl Biologix, a profitable regenerative medicine company based in Flagstaff, Arizona. The deal will combine the expertise and products of both companies to offer…