Day: January 5, 2021

Marks & Spencer looks to snap up Jaeger

By Zoe Wood

M&S expected to buy Jaeger’s brand and stock, but not its scores of shops, reports say

Marks & Spencer is finalising a deal to buy upmarket fashion brand Jaeger as it seeks to bolster its clothing business with new names.

M&S has been linked to Jaeger since it fell into administration in November, as part of entrepreneur Philip Day’s stricken Edinburgh Woollen Mill Group, which also owns Peacocks and Austin Reed. Both M&S and Jaeger were founded in the 1880s.

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Via:: https://www.theguardian.com/business/2021/jan/05/marks-spencer-looks-to-snap-up-jaeger

      

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Unilever to help black groups tackle hair discrimination

By Priya Elan

Dove, owned by Unilever, also to offer workshop to schools on discrimination around black hairstyles

Unilever, one of the UK’s biggest employers, has announced it will give £170,000 to black grassroots organisations to help tackle racism.

The company, which owns Dove and Magnum, is launching the Crown Fund UK, an initiative that Unilever hopes will stop discrimination around black hairstyles and texture. Organisations working to eliminate barriers of progress for black women and girls will receive up to £20,000 each in 2021.

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Via:: https://www.theguardian.com/world/2021/jan/05/unilever-to-help-black-groups-tackle-hair-discrimination

      

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