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Selfridges holds talks to spin out its online luxury websites

Anchor selfridges & co copy

Bloomberg Selfridges & Co held discussions with potential investors about splitting off its e-commerce business while also considering a potential sale of the department store group, according to people familiar with the matter. The luxury emporium, best known for its giant department store on London’s Oxford Street, considered spinning off Selfridges.com from its lucrative property holdings, which are far larger ...

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Bed Bath & Beyond soars amid new plan

Bloomberg Bed Bath & Beyond Inc soared in late trading after announcing accelerated share buybacks and the launch of a new digital marketplace for merchandise from third-party producers. The company said it expects to complete its $1 billion share repurchase plan by the end of its fiscal year in February — two years ahead of schedule. There is $400 million ...

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Taiwan challenges UN exclusion on sidelines of COP26 summit

European delegation visit taiwan

Bloomberg As the world’s powers wrestle over the future of the planet in Glasgow, another politically fractious issue will play out on the sidelines of the COP26 summit — Taiwan’s exclusion from international organisations. Two weeks after US Secretary of State Antony Blinken called for Taiwan to have a greater role at the United Nations, a delegation from Taipei, led ...

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