Andrew Gerrie, chief executive of Lush Cosmetics
has bought surf brand Mambo through his Hong
Kong investment vehicle, reports the Times. Retail group Blacks
sold the loss-making boardwear division, which traded as
Freespirit and O’Neill, as part of its restructuring.
After confirming its intention to
float on the stock exchange just a fortnight ago, New
Look has now decided not to proceed with an initial
public stock offering. In a statement, New Look chief executive
Carl McPhail said the postponement was a “result of the
considerable volatility in the equity markets”.
Ahead of the launch of Boden‘s Johnnie B label
this Thursday, the Times profiles the business’s eponymous
founder.
The David Austin rose catalogue inspired this
rose-themed beauty column in the
Times that also name-checks Neal’s Yard
Remedies and Liberty.
Toy retailers The Entertainer and Toys N
Tuck are featured in a Times article on how the collapse of
Woolworths has meant a boom for the toy
industry.
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