French sports chain Decathlon has acquired Dutch hockey brand Dita from All Weather Sports. The former owner will retain control over the distribution of Dita products to hockey specialist stores.
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The ongoing efforts of the consortium surrounding real estate investor X+Bricks to win over Metro's Real chain appear to be bearing fruit. The German wholesaler has confirmed that it has started exclusive negotiations with the consortium, to be completed by the end of January.
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French luxury group Kering (Gucci) has been rumoured to make a bid on Italian clothing and lifestyle company Moncler. The expensive down coats producer would be the latest target in a continuing war with archrivals LVMH.
Belgian fashion group FNG has completed the acquisition of Scandinavian e-commerce player Ellos. For the Belgian company, the acquisition predominantly means access to a new market: home decoration.
After LVMH had to upgrade its bid for American jeweller Tiffany & Co twice, both parties have reached an agreement. The French luxury group is taking control of the jeweller at a cost of 14.7 billion euros.
British carpet retailer Carpetright has agreed to the takeover bid by its largest shareholder, asset management company Meditor.
French luxury group Louis Vuitton Moët Hennessy has made a takeover bid of 13 billion euros for the American jewellery chain Tiffany & Co, but the bid already appears to have been rejected.
The Belgian branch of Cash Converters has been bought by a number of shareholders. The new owners also take over thirteen franchise stores.
Canadian department store group Hudson's Bay is being delisted from the stock market: a group of shareholders is prepared to pay seven euros per share to take the group into its own hands.
The British franchisee of Domino's pizza has plans to sell its activities in Iceland, Norway, Sweden and Switzerland. However, there may be hope for the approximately one hundred shops in those four countries.
German chain Rewe has been given permission to acquire most of Lekkerland. The Austrian competition authority however fears that the German supermarket group would gain too much power in the 'on-the-go' segment, particularly in shops at petrol stations.
Babylon Loveshop, an erotics chain from the French-speaking part of Belgium, has decided to expand to the Dutch-speaking part with the partial take-over of its bankrupt competitor Pabo.
British investment company Permira wants to sell its footwear brand Dr. Martens. The label has had an excellent year and the holding company now wants to cash in on that.
Dutch bed retailer Beter Bed has succeeded in offloading its German subsidiary, Matratzen Concord, to investor Magical Honour. The latter is paying five million euros for the controversial mattress retailer and will invest just as much in Beter Bed Holding itself.
German retail giant Metro has sold a majority interest in its Chinese operations to local retailer Wumart. The sale fits in with the group’s strategy to focus more on professional customers.
The Belgian branch of Thomas Cook Retail, which filed for bankruptcy two weeks ago, is partly starting over again under the umbrella of the Spanish travel agency, Wamos. As a result of the takeover, 195 employees were able to return to work.