Leicestershire retailer Next is reportedly preparing to make an offer for fashion brand FatFace.
According to Sky News, the deal, which is being finalised, could be worth over £100m.
It follows Next increasing its stake in Reiss, as majority shareholder, as well as acquisitions of Made.com, Cath Kidston, and Joules.
FatFace trades from around 180 shops in the UK and was taken over by its lenders three years ago.
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