March 25, 2024 BY Elizabeth Anderson
Retailers Offering Massive Discounts to Keep Consumers in Spending Mode
Bloomberg reports that many luxury brands are offering extreme discounts to revive consumer interest. The Frasers Group PLC (FRAS.L) bought Matches in December 2023 for £52m but placed it under administration less than three months after the acquisition. The administrators are reportedly seeking new buyers for the company. Bloomberg reported that some consumer bargains are…
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