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Forever 21’s new owners in talks to keep ‘US stores’ open

Bloomberg Forever 21 Inc’s new owners plan to keep most of the fast-fashion chain’s US stores open under a new chief executive officer in the coming weeks when it emerges from bankruptcy. Owners Authentic Brands Group (ABG), Simon Property Group Inc and Brookfield Property Partners LP are talking with other landlords about keeping as many of its 448 US stores ...

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Victoria’s Secret sells control to Sycamore

Bloomberg L Brands is selling a controlling stake in Victoria’s Secret to Sycamore Partners, giving the ailing apparel chain a chance to rehabilitate its image and sales outside the glare of public markets. Under the deal, Sycamore Partners will buy 55% in the chain and take it private, leaving L Brands with a minority stake. L Brands’ billionaire founder Leslie ...

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Dubai Boat Show charts maritime course for 2020s

DUBAI / WAM Hailing the dawn of a decade defined by innovation in the maritime sector, the 28th Dubai International Boat Show will drop anchor at its new 1,100-berth Dubai Harbour home from March 10-14, buoyed by a striking display of superyachts, future-focused maritime equipment and an extensive range of leisure and aquatic activities. Running under the theme ‘Loving What’s ...

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