Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Entrepreneur and yoga guru Ramdev has announced that he has no plans for a Patanjali initial public offering this year but could take a decision on the matter by the end of the current 2022 financial year.
The majority of online shoppers do not want the government to ban or intervene in sales on e-commerce platforms, which it is considering to do in its draft e-commerce policy, according to a new survey.
In a month that's shaping up to be huge as far as luxury deals are concerned, the latest news is that LVMH is boosting its stake in Off-White. Virgil Abloh's streetwear label will now be 60% owned by the French giant.