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LONDON – Pershing Square Capital Management, founded by billionaire Bill Ackman, has offered to buy Universal Music Group, the record company behind Lady Gaga, Kendrick Lamar and Sabrina Carpenter among other artists. The proposal was submitted alongside a “value creation plan,” the fund, where Ackman is also the CEO, said in a press release Tuesday. […]
MINSK – The 32nd Minsk International Film Festival Listapad will take place from 30 October to 6 November 2026, the Belarusian Culture Ministry told BelTA. The festival regulations have been approved by the organizing committee. The program will include eight competition sections and numerous non-competition events. Submission of applications for participation in the competition program […]
As speculation over whether resale can ever reach mass acceptance continues, it could be that it already has. A new UK study from KPMG suggests that 8% of Britons now primarily buy non-food products via resale platforms. Source link
Renaud de Lesquen, former CEO of Givenchy and, most recently, director of the consultancy Hollyhook, has been appointed president of Rabanne, where he will lead the brand’s fashion and beauty divisions. Source link
The French retailer has announced that it is considering closing its Rennes store and cutting 229 jobs, as part of a reorganisation that will also affect its store network and head office. Source link
The Italian cosmetics group keeps growing at sustained pace, recording a revenue of €298.6 million in 2025. It relaunched the Gandini fragrance brand, and introduced a new shoe care line by Vim for Fila. Source link
Sonae SGPS has just announced that one of its three executive directors has purchased company shares in a transaction executed as part of the Azevedo family group’s medium-term incentive programme. Source link
On April 23, Jack & Jones will open a new store in France that will, for the first time, bring together its menswear collections and JJXX, its womenswear line. Two further French locations have already been announced. Source link
Amazon has confirmed it will introduce a 3.5% surcharge, linked to fuel costs and logistics inflation, levied on third-party sellers using its shipping services. No comparable measures have been announced in Europe yet. Source link
With economic clouds gathering as the Iran conflict drags on and with it the threat of further inflation growing, UK retailers were no doubt hoping for a strong long Easter weekend of positivity to lift the spirits. Source link
