TPG Capital Archives - Inside Retail Asia
UK discount retailer Poundworld is on the brink of collapse.
Final bids are in from at least three groups bidding for the McDonald’s China and Hong Kong business.
Carlyle Group and TPG Capital are in joint bids for the McDonald’s China and Hong Kong franchise licences.
McDonald’s Corporation says it is struggling to attract the calibre of bidders it wants for its China/Hong Kong franchise.
Thanks to a health boom on the mainland, Chinese sportswear brand Li Ning has skipped out of the red to turn a modest profit after three years of losses.
Japanese giant Fast Retailing is in talks to buy US retailer J.Crew. Run by CEO Mickey Drexler, J.Crew is a multi-channel retailer of women’s, men’s and children’s apparel, shoes and accessories. The company operates 330 retail stores, including 257 J.Crew retail stores, eight crewcuts stores and 65 Madewell stores. The acquisition could value J.Crew, owned by TPG Capital and Leonard Green & Partners LP, at as much as $5 billion. The plan would speed up Fast Retailing’s goal to beco…