The acquisition agreement is contingent on a debt relief package of $690 million.

In the announcement, Next said it had agreed to buy CK Acquisitions Ltd’s brand name, the domain name (cathkidston.com), and intellectual property for a consideration of £8.5m.

This is another move after the successful integration of the brand’s leather goods center in Florence, Italy.

Scotch & Soda and its products will continue to thrive in major markets, including the Netherlands, thanks to this acquisition.

Gree Real Estate’s acquisition of Zhuhai Duty-Free for nearly 9 billion yuan marks its foray into the tax-free industry, paving the way for a consumer industry centered around tax-free businesses.

Hind expands its business portfolio to the textile industry through this transaction.

Cowell Fashion Company will now have the rights to use the SuperDry brand in their home market of South Korea, as well as other countries in the Asia-Pacific region, including China.

Prodject is a creative agency focused on brand strategy, design, event execution, and content for the fashion, music, art, and pop culture industries.

Scotch & Soda’s bankruptcy filing does not affect its overseas operations, where the brand currently has around 200 stores.

Founded in 1989 in Moirans-en-Montagne, in the Burgundy-Franche-Comté region of eastern France, UNT is a key player in the manufacturing of high-precision metal and mechanical components for the entire luxury eyewear industry.