Typhoo Tea, a 120-year-old tea company, has been acquired by Manchester-based vape maker Supreme for £10 million after falling into administration due to declining sales and increasing debts. The new ownership ensures that Typhoo remains in British hands, although its…

Philippe Ginestet, founder of GIFI, faces significant challenges as the company struggles with the aftermath of a major IT failure. The 27th richest person in France is now seeking a buyer for his stores, which have 6,500 employees and over…