Outdoor apparel retailer Snow + Rock has
acquired running accessories retailer Runners
Need for an undisclosed sum. Runners need operates seven
stores and an online shop.
Following the unveiling of fashion website Zara
in the UK yesterday, H&M, the Sweden-based
apparel retailer, is gearing up for the launch of its UK
ecommerce site later this month. Via its Twitter feed (@hmunitedkingdom), it posted a link to its website
inviting consumers to sign up for H&M fashion news ahead of
go-live on 16th September.
The Telegraph reports that Montagu, the private
equity firm behind IT products retailer Maplin, is interviewing
investment banks with a view to carry out a strategic review of
the business and sell the company. The new buyer will most likely
be another private equity house.
The Irish Independent profiles the latest
Ikea catalogue-the company’s 60th.
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