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MBS News

17 September 2021 - 16:50

Bain Capital acquires Gail’s owner for £200m US private equity player Bain Capital has acquired Gail’s Bakery and The Bread Factory owner Bread Holdings in a deal worth £200m. In its most recent financial year to 29 February 2020, Bread Holdings had total revenues of £116.4m. Read more.

17 September 2021 - 8:36

Luxury resale site Tradesy eyes expansion Tradesy has secured an additional $67m in funding. The business will use the funds to focus on growth marketing, category expansion and new seller tools. Read more.

17 September 2021 - 8:34

LVMH appoints Sylvain Blanc as new CEO of Kenzo Sylvain Blanc joins the Paris fashion brand from underwear specialist Undiz. The news comes in the same week as Kenzo appointed a new artistic director, A Bathing Ape founder Tomoaki 'Nigo' Nagao. Read more.