In a noteworthy development in the luxury retail sector, Mike Ashley’s Frasers Group has made a significant move by proposing an £83 million bid to acquire the British handbag maker Mulberry. This offer comes amid pressing concerns surrounding the financial stability of the luxury brand, particularly following its announcement of a £10.75 million emergency share […]
Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse
In a recent announcement, Harrods, the iconic London luxury department store, has begun investigating the potential involvement of its current staff in the alleged sexual abuse by its former owner, Mohamed Al Fayed. This decision comes after over 100 women have come forward making serious allegations, including rape and assault, against the late Egyptian businessman. […]