UK supermarket chain Morrisons has secured the acquisition of online baby product retailer Kiddicare, and the rights to its technology platform, in a deal worth £70 million.
Investment manager TowerBrook Capital Partners has acquired a ‘significant stake’ in women’s clothing retailer Phase Eight, with plans to rapidly expand the business internationally.
Online luxury children’s clothing retailer AlexandAlexa has secured £1.5 million from MMC Ventures in a deal which will see the private equity firm take a minority stake in the business.