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Brands For Less Group has agreed to sell a 35 per cent stake in its off-price retail business to US-based The TJX Companies, a global value seller of clothing and home fashions, for $360 million.
The TJX Companies, Inc. is the owner of TJ Maxx, Marshalls, HomeGoods, TK Maxx, Winners, Homesense and Sierra Dubai, United Arab Emirates: Brands For Less (“BFL Group” or the “Group” or “BFL”), the ...
The owner of T.J. Maxx has acquired a 35% stake in Dubai-based Brands for Less for $360 million, giving the US discount retailer access to fast-growing consumer markets in the Middle East.
Brands For Less (BFL Group) has sold a 35 per cent stake to The TJX Companies, enhancing its expansion plans beyond the GCC region. This deal, valuing BFL at $1.2bn, allows BFL to benefit from TJX ...
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TJX is investing $360 million to take a 35% stake in Middle East off-price retailer Brands for Less. TJX on Wednesday said Dubai-based Brands for Less operates more than 100 stores, primarily in ...
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Brands For Less (BFL Group), the off-price retailer of fashion, homeware and toys, has entered into a strategic agreement to sell a 35 per cent stake to The TJX Companies, the world’s largest ...