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Reliance, Apollo lodge US$6 billion bid for Boots business

Inside Retail

Indian conglomerate Reliance Industries has reportedly partnered with US private equity fund Apollo Global Management to buy a majority stake in UK-headquartered health & beauty retail chain Boots. Initially, private equity companies Bain Capital and CVC Capital ran the numbers before pulling out.

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From poverty to billions. Vale: Leonardo del Vecchio, founder of Luxottica

Inside Retail

In 1999, the company bought the famous Ray-Ban brand and went on to acquire California’s Oakley as well as retail chains in North America and Australia. HANDS-ON MANAGER. Acquisitions were also part of the Del Vecchio strategy.

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Q&A: Richard Murray reflects on 17 years at JB Hi-Fi

Inside Retail

Richard Murray has been the CEO of Australian electronics giant JB Hi-Fi since 2014, but this week, he has left the electronics company to become CEO at retail business Premier Investments, parent company of Just Group, Smiggle and Peter Alexander. . They’re] the basics of any good retail chain and they stand the test of time.

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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

The only problem was the nine retail brands trading from around 1350 stores were a house of cards with a flawed investment play without retail smarts. Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4 million loss in 2014.

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