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Mike Ashley’s Frasers Group to sell Missguided to Chinese fashion giant Shein
Mike Ashley’s Frasers Group is set to sell Missguided to Chinese online fashion giant Shein. The deal, which was first reported by Sky News, comes after the billionaire’s retail empire saved the Manchester-based label from insolvency last year. Frasers Group bought Missguided out of administration for £20m in June 2022 after it racked up debts …
Business
Euro News
WATCH: Colourful nocturnal drone display brings the wildlife of the Amazon to Manhattan’s skies
Business
Euro News
WATCH: Rescue teams in Derna find more bodies beneath the rubble
Business
Euro News
The high-speed railway that’s uncoupling the Baltic states from Russia and their Soviet past
Business
Sky News
High street tycoon Ashley to sell Missguided to Asian giant Shein
Mike Ashley, the high street billionaire, is in talks to sell the online clothing label Missguided to Shein, the giant Chinese-founded online fashion player.Sky News has learnt that the two sides are in detailed negotiations about a deal, which would represent Shein’s first acquisition of a British fashion brand. City sources said that Shein and …
Business
Euro News
Demonstrations in Vienna and The Hague as a weekend of climate change protests begins
Business
Euro News
Ukraine war: Kim Jong Un continues Russia visit as UNESCO adds Ukrainian sites to danger list
Business
Evening Standard
Study finds hotels are usually cheaper than Airbnb
Hotels generally beat Airbnb on price, according to a study which claimed many holidaymakers will be “surprised” by the finding.Consumer group Which? compared the cost of thousands of hotel rooms with 300,000 one-bed listings on popular accommodation rental websites.The study included 13 destinations in the UK and 37 across the rest of the world.When planning …
Business
Euro News
Russia raises interest rate to 13% as economy struggles
Business
Euro News
HSBC fears possible food crisis in Asia
Business
Euro News
TikTok hit with €345 million fine under EU data protection rules
Business
Euro News
Uncertainty in Europe as oil prices keep climbing

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