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Frasers in talks to acquire UK tailor Gieves & Hawkes

Bloomberg Mike Ashley’s Frasers Group Plc is in talks to buy Savile Row tailor Gieves & Hawkes, according to a person familiar with the matter. Gieves & Hawkes was put up for sale in July after its owner, Hong Kong-listed Trinity Ltd., entered liquidation last year. A deal would add one of the best-known names in British tailoring to Frasers’ ...

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Blue Apron sinks on plan to sell $30m shares

  Bloomberg Blue Apron Inc fell to a fresh low after the ailing meal-kit delivery platform said it may offer up to $30 million in new shares. The at-the-market offering would further erode the value of existing shares, which have lost more than 80% of their value this year. The stock falls 33% to $1.17. Blue Apron said its filing ...

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Biden, Xi chart path to warmer ties with Blinken China visit

  Bloomberg Joe Biden and Xi Jinping agreed to a series of goodwill gestures intended to improve ties between their countries after the first in-person meeting between the leaders of the US and China since the pandemic began. The two men met for about three hours on the sidelines of the Group of 20 summit in Bali, Indonesia, greeting each ...

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