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PRESS DIGEST-British Business


PRESS DIGEST-British Business - July 15
Reuters
4 hrs ago
July 15 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
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- Caviar House & Prunier, the luxury caviar and seafood business co-founded by Yves Saint Laurent, has sold a majority stake to a private equity firm. The company will announce Thursday that it is 53% owned by Olma Luxury Holdings, an investor in luxury brands. https://bit.ly/2UHJRp0
- The John Lewis Partnership plans to cut 1,000 jobs after the retailer said that it would strip out a layer of managers across its department stores and Waitrose supermarkets. https://bit.ly/3r8GALF ....

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Disney's shop-in-shop stores will open in Gulf mid-2021


Dubai: Kuwait s Alshaya Group will be introducing Disney s shop-in-shop concept to the Gulf markets. This follows a five-year multi-market plan signed with The Walt Disney Company M. E., which gives the Gulf retailer exclusive rights.
“The Disney store Shop-in-Shop locations led by Alshaya truly puts the Middle East on the global Disney store map and we are eager to see the concept come to life,” said Dan Dossa, Vice-President and General Manager of Disney Consumer Products - Southeast Asia, India and MENA.
There will be a curated selection of Disney store products, including costumes, clothes, toys, collectibles and home goods from Disney’s iconic characters and movies. The products will become available from mid-next year across Alshaya-operated Debenhams and Mothercare stores, and online through the stores’ e-commerce sites. ....

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