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Negotiations are on going with other possible buyers, even global companies interested to be in UK market
The officials of Phones 4u are predicted to agree with the acquisition of 60 units by EE to save jobs at stake.
The luxury footwear brand is first in line of names who plan to make their presence in London listing
Jimmy Choo might be seen soon in the city with the high end shoe name the first in line of the firms planning to be in London listing now that the instability of economy brought by Scottish referendum has ended.
The Dairy company, owns the Cathedral City and Clover group, will close bottling factories in London and creamery in Somerset area
Dairy Crest will cease the operation of two plants and planning to cut expenses which will involve more than 200 jobs in danger.
PWC releases its statement on closures of shops right after EE was the final operator to declare it will not sell mobile phones
Over 2,400 Phones 4u employees go home jobless after planning to wind up the digital retailer, as announced last week.
The newly-appointed official, Mark Newton-Jones, spends his own money to the business, believing the brand has future in United Kingdom
Newton-Jones will invest his own resources to the brand's projected rights issue, and insists that the company will succeed in UK as the to mother-daughter apparel specialist.
The famous delivery service from Germany launches its drones for delivery service, which includes sending medicine to North Sea area
Amazon has claimed that it has intention of delivering packages to clients through drones. However, its “Amazon Prime Air” intention, made known in US latest affairs show, was mocked by majority for showing it off too early even when there is too little to showcase.
Few weeks after the winter collection has arrived, famous retail brands offer discounts to improve their sales during the not-so cold season
Fashion retailers are putting out their promo signage for their knitwear and coats. They have been conducting huge markdown activities since sales have been slacking lately.
As what Neil Woodford anticipates, Pfizer's bid was underestimated by UK drug company's prospects
The famous fund official, who was supporting AstraZeneca declined Pfizer's takeover program, expects the US drug brand to come up with a different offer when it arrives in UK.
The brand badly needs culture change if it aims reinvention
The brand badly needs culture change if it aims reinvention. This is according to the organization's top official Dave Lewis.
Baskin-Robbins and Dunkin' Donuts to Work with Liverpool Football Club
The famous football club, LFC or also known as Liverpool Football Club, has released its statement on its multi-year agreement with Dunkin' Brands organization, the mother company of Dunkin'Donuts and Baskin Robbins.
Nike Gets Higher Profit
Nike Inc., the biggest international sportswear manufacturer, stated that it will expect a higher profit margin every quarter since the brand strengthens its market presence in Europe and will concentrate on items that can generate stronger margin like Flyknit football boots.
General Motors to Recall Vehicles
The famous United States vehicle maker General Motors Co. will recall more than hundreds of thousands of automobiles due to the defective parking brake that can cause fire danger.
Jollibee's famous cakeshop will extend its global presence in Honolulu, Hawaii
Red Ribbon Bakeshop, the most-loved fast food restaurant and bakeshop in United States and Philippines that is under the Jollibee Foods Corp., the biggest food chain in the Philippines, is putting up its pilot branch in Honolulu area.
Chrysler will recall around 189,000 Dodge Durangos and Jeep Grand Cherokees
Chrysler will recall around 189,000 Dodge Durangos and Jeep Grand Cherokees in United States to resolve fuel pump issue that an stall the SUVs.
The famous car manufacturer from Japan rules out the speculation that it plans to back down the production of electric battery in its factory in Tennessee
The brand's prestigious electric car platform has been known to be headed by Carlos Ghosn, the top executive of Nissan and Renault.