Tag: Retail Sale
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LK Bennett Seeks a New Chapter: Sale Comes Six Years After Hong Kong Rescue
Overview: A Brand at a Crossroads British fashion label LK Bennett is once again in the market, with reports that the company is up for sale. This development comes six years after the late 2010s crisis that followed a high-profile rescue by Hong Kong investors. The decision to explore a sale signals a new attempt…
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UOL Sells Kinex Mall for S$375 Million: What It Means for Singapore’s Retail Sector
Overview of UOL’s Strategic Sale In a significant move for Singapore’s retail sector, property developer UOL has finalized an agreement to sell Kinex, a prominent retail mall located at 11 Tanjong Katong Road, for an impressive S$375 million. This deal marks a pivotal moment for UOL as it continues to reposition its portfolio in response…