Growth Business
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Venture Capital Funding
A seed funding round worth £750,000 has been raised by London start-up StreetHub with help from Index Ventures and Octopus Investments.
Mergers & Acquisitions
The management team of Mountain Warehouse is now in full ownership of the business after buying out a stake held by private equity firm LDC.
News
Pascal Cagni has joined forces with Michael Combes to back London and New York-based smartphone application Shopcade.
A $1 million seed funding round for British business Depop has been led by Red Circle Investments alongside Hugo Boss board member Luca Marzotto.
The Business Growth Fund is supporting the creation of a possible 500 new jobs through its backing of Better Bathrooms.
A Series C round worth £10 million has been secured by WorldStores as part of the online retailer's efforts to grow its supplier network.
Luxury goods group LVMH has invested an undisclosed amount into clothing and footwear retailer R.M. Williams.
The UK high street cannot live in the past and must adapt to survive, says local growth minister Mark Prisk.
Opinion
Comet, Allied Carpets, HMV, Blockbuster – the casualties keep coming.
Retail figures for goods bought during the last month of 2012 grew by 0.3 per cent over the same period in 2011, but fell over the month before.
Entertainment retailer HMV has entered administration and become the latest high street casualty.
The Hut Group has followed up on a fundraising completed back in June by securing a further £9 million.