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Latest MBS News & Intelligence

MBS News

10 August 2020 - 8:54

Italian footwear retailer Geox posts sales slide Geox has reported a 39% year-on-year downturn in sales to €243.6m for the six months to 30 June, attributing the decrease to temporary store closures due to Covid-19. The company also announced a 40% increase in ecommerce sales in the period. Read more.

10 August 2020 - 8:52

Twitter expresses interest in buying TikTok According to reports, Twitter has approached TikTok’s Chinese owner ByteDance to express interest in acquiring the US operations of the video-sharing app. Microsoft is currently the front-runner to buy the business. Read more.

10 August 2020 - 8:36

CJ Lang appoints David McCorquodale as NED David McCorquodale has been appointed as an NED at the Scottish Spar wholesaler CJ Lang. David, formerly UK head of retail at KPMG, is only the second non-family non-executive of the board in the company's history. Read more.