Sector Insight – Retail Newsletter, April 2017

Harsha Wickremasinghe | Apr 2017

Retail Newsletter, April 2017

The UK Retail sector witnessed a slowdown in M&A activity during 2016, with 39 completed transactions, down almost 40% from the dizzy heights of 2015. One is instantly drawn to Brexit as the cause (or excuse), yet this is not the case. 52% of transactions in 2016 occurred post-referendum, indicating that confidence in the sector, much like the UK consumer, has weathered the storm and confounded many observers’ predictions that M&A activity would fall off a precipice following the UK’s historic vote to leave. This newsletter is a periodic review of M&A activity and trends affecting the UK Retail Sector.

In this edition, we:

  • Assess the key factors affecting retailers and consumers in 2017;
  • Analyse UK retail M&A activity since January 2016;
  • Examine the critical areas to consider when developing an omni-channel proposition;
  • Highlight our most recent transactions: The Cotswold Co. and Long Tall Sally; and
  • Consider the M&A outlook for the remainder of this year.

Files [click on link below to download]


The Economist on The Body Shop: “An ethical retailer takes a bath”

The Economist cites analysis by Livingstone’s Harsha Wickremasinghe.
In The Press
Feb 2017

Tesco/Booker deal ‘good for eating out sector’

MCA asked Harsha Wickremasinghe, Associate at Livingstone, for his thoughts on the announcement that Tesco and Booker are to merge.
In The Press
Jan 2017

Black Friday: Are You Getting The Best Deals?

Vogue asked Associate Harsha Wickremasinghe for his thoughts on whether consumers are getting a good deal on Black Friday.
Nov 2016