takeover news and archive

Burberry takes over One&Only Aesthesis resort on the Athenian Riviera for summer

British brand Burberry has launched a summer takeover at the One&Only Aesthesis resort on the Athenian Riviera in Greece, the brand said in a press release. The activation runs until 31 October 2026. According to the press release, the resort sits within a protected forest reserve and was a filming location in the mid-20th century. For the...

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Business

Takeover speculation sparks share price surge at Puma

Takeover rumors helped Puma shares achieve a spectacular price jump on Thursday once again. The share price, which has been disappointing in the stock market year 2025 so far, shot up by more than 17 percent to just under 20 euros. The gain recently stood at 15 percent. The Chinese group Anta Sports Products Limited (Anta Sports) is considering...

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Business

About You increases quarterly sales by around 9 percent

Although the takeover by competitor Zalando SE is a done deal, the Hamburg-based e-commerce group About You Holding SE presented its latest business figures on Tuesday. In the second quarter of the current 2025/26 financial year, sales amounted to 492.3 million euros, an increase of 9.4 percent compared to the same period last year. According to...

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Business

After solid start to quarter, Kontoor Brands updates annual forecasts

The US apparel company Kontoor Brands Inc. kept its revenue largely stable in the first quarter of fiscal year 2025. However, negative special effects weighed on profits. In addition to the current figures, the parent company of denim brands Wrangler and Lee also presented updated annual forecasts on Tuesday. These now also take into account the...

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Management

Buyers move in as New Look edges closer to breaking-point

London - Potential buyers are understood to be moving in on New Look, after its ongoing financial crisis leave the high street fashion retailer a prime takeover candidate. Prospective buyers are mulling over bids to take control of New Look after the value of its bonds collapsed, sources revealed to The Mail on Sunday. The fashion retailer is in...