Latest from Retail & Consumer

P2P fun: Epps came up with the idea when trying to settle up bets with friends

P2P sports gambling platform BuddyBet nets $3 million funding eight months after launch

A social networking-based online betting business set up in August 2012 has netted a $3 million investment from a number of private investors.

City sites: Drake & Morgan has bars including The Folly in London's square mile

City-based bar-restaurant group Drake & Morgan closes £30 million MBO

A second restaurant-based management buy-out of the week has seen Drake & Morgan complete a £30 million deal with help from Bowmark Capital.

Euro haul: CompareFinanza has secured the regulation its needs to grow

Envestors leads funding injection into price comparison platform CompareFinanza.it

Private investor network Envestors has closed a new deal through the €5.3 million (£4.6 million) backing of insurance price comparison website CompareFinanza.it.

Restaurant game: D&D London also owns the Angelica in Leeds

LDC backs £50 million MBO of Bluebird and Coq d’Argent owner D&D London

Mid-market private equity house LDC has upped its interest in the retail and consumer sector by backing the management buy-out of restaurant group D&D London.

Sales boost: Fits.me allows consumers to better fit clothing purchased online

Adidas and Huge Boss online fitting service Fits.me closes £5 million Series A

Software firm Fits.me has netted £5 million through its Series A funding round so that it can develop its virtual fitting room services.

Music scene: Red Bull already has exposure to Formula 1 and television

Red Bull Amplifier accelerator targets start-ups in the music space

Energy drinks brand Red Bull has launched a business accelerator aimed at cultivating innovative music-orientated start-ups.

Gambling industry: Betfair processes seven million transactions daily online

CVC Capital Partners and Betfair clarify status on takeover bid

Betfair has responded to rumours that CVC Capital Partners may be about to launch an acquisition bid for the business by saying that 'there can be no certainty that an offer will be made'.

Aussie bushwear: R.M. Williams is well known for its leather boots

LVMH adds to portfolio by backing growth efforts of Australian boot brand R.W. Williams

Luxury goods group LVMH has invested an undisclosed amount into clothing and footwear retailer R.M. Williams.

Gearing up: Planet X Bikes now has the management team it needs to grow

Planet X Bikes plots expansion course ahead of 2014 Tour de France UK visit

As the UK is increasingly swept up in Bradley Wiggins mania, Sheffield-based Planet X Bikes is gearing up for rapid growth on the back of a new funding package.

Flash sale: HMV store front window in London after the move into administration

Habitat and Borders saviour Hilco takes charge of HMV business

Specialist restructuring firm Hilco has followed up on its January acquisition of HMV's debt by acquiring the business and certain assets.

On the up: Activity grew at the fastest rate since the Olympics-related upturn

UK services sector posts encouraging start-of-the-year figures

Incoming new work has contributed to the fastest growth seen in the UK services sector for over half a year, new figures show.

Corporate to creative: Ex-Yahoo exec Virginie Charles-Dear set up the business

Innocent Drinks founders invest in business set up by ex-Yahoo executive

The founders of the Innocent Drinks brand are investing in kids company Toucan Box through a new investment firm, Jam Jar.

Development goals: Plans are in place to develop new hotel locations

Malmaison and Hotel du Vin chains bought by American buyer KSL

Boutique hotel brands Malmaison and Hotel du Vin are now under private equity ownership following a deal involving American firm KSL Capital Partners.

Silent night: Gro Group produces Grobag baby sleeping bags

Baby sleeping bag business secures Mobeus Equity Partners as MBO backer

Debt and equity finance support has been provided to baby products business Gro Group though a management buy-out.

National exposure: Giraffe is set to open its 49th restaurant in Leeds

Tesco snaps up restaurant chain Giraffe as part of plans to develop larger stores

Supermarket chain Tesco has acquired the Giraffe restaurant chain for £48.6 million and now intends to turn it into a 'family-friendly' retail destination.

Retail target: Casabu says it is leveraging the surge of 'digital mums'

Ingenious Ventures backs flash sale site Casabu and partners with BBH venture arm Zag

A flash sale site aimed at mothers of small children has raised £900,000 to add to the angel funding it received in 2012.

Growth stages: Yours Florally founder Mary McKimm set up the business in 2012

Former Google head helps sew the seed for Irish e-commerce business Yours Florally

A seed round for flower delivery service Yours Florally has been secured so that the business can target penetration into the UK.

Online fashion: farfetch is a curated online marketplace for clothing labels

Conde Nast backs fashion brand farfetch alongside venture capital firms

Online fashion boutique farfetch has taken its fundraising takings up to $44 million (£29.3 milion) on the back of a funding round led by Conde Nast International.

Fitness freaks: (L-R) payasUgym co-founders Jamie Ward and Neil Harmsworth

Flexible exercise start-up payasUgym.com utlises EIS to raise funds

London start-up payasUgym.com has again used the Enterprise Investment Scheme to secure over £900,000 from existing backer Supremum Capital.

Serial user: Alex Kammerling has now raised over £500,000 on Crowdcube

Kamm & Sons uses Crowdcube again to raise additional £325,000

Early crowdfunding beneficiary Kamm & Sons has returned to the funding method to raise a further £325,000.

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