Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
acquisition
Latest News & Analysis
Luxury
Tomorrow Acquires Majority Stake in Martine Rose Label
In a first for the London-based showroom-turned-brand accelerator, the equity investment also includes a share swap, giving Martine Rose an undisclosed stake in the Tomorrow business.
Tomorrow Acquires Majority Stake in Martine Rose Label
In a first for the London-based showroom-turned-brand accelerator, the equity investment also includes a share swap, giving Martine Rose an undisclosed stake in the Tomorrow business.
Luxury
LVMH’s Tiffany Is on the Right Track
A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.
LVMH’s Tiffany Is on the Right Track
A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.
Retail
Will the ABG Playbook Work at Reebok?
Adidas is selling the sneaker brand for about $2.5 billion, after finding success in recent years by mining the archive and partnering with celebrities and designers. The deal also reunites the brand with Shaquille O’Neal, the face of Reebok during its glory days.
Will the ABG Playbook Work at Reebok?
Adidas is selling the sneaker brand for about $2.5 billion, after finding success in recent years by mining the archive and partnering with celebrities and designers. The deal also reunites the brand with Shaquille O’Neal, the face of Reebok during its glory days.
Beauty
The Hut Group Buys Cult Beauty for £275 Million
The acquisition is the latest sign of consolidation in the UK’s prestige beauty market.
The Hut Group Buys Cult Beauty for £275 Million
The acquisition is the latest sign of consolidation in the UK’s prestige beauty market.
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Retail
Wolverine Worldwide Acquires Sweaty Betty for $410 Million
The deal marks an expansion into apparel and direct-to-consumer business for the group known for its wholesale-dependent footwear brands.
Wolverine Worldwide Acquires Sweaty Betty for $410 Million
The deal marks an expansion into apparel and direct-to-consumer business for the group known for its wholesale-dependent footwear brands.
Luxury
Ralph & Russo Bought Out of Administration by US Investment Firm
A representative for Quantuma Advisory, an advisory firm appointed as one of Ralph & Russo’s administrators, confirmed media reports that Retail Ecommerce Ventures (REV) acquired the British couture house’s brand and assets.
Ralph & Russo Bought Out of Administration by US Investment Firm
A representative for Quantuma Advisory, an advisory firm appointed as one of Ralph & Russo’s administrators, confirmed media reports that Retail Ecommerce Ventures (REV) acquired the British couture house’s brand and assets.
Retail
PVH Sells Heritage Brands Assets to Authentic Brands Group in $220 Million Deal
The American fashion group is exiting the business to focus on its core brands, Tommy Hilfiger and Calvin Klein.
PVH Sells Heritage Brands Assets to Authentic Brands Group in $220 Million Deal
The American fashion group is exiting the business to focus on its core brands, Tommy Hilfiger and Calvin Klein.
Retail
Aritzia Expands to Men’s with Acquisition of Activewear Brand Reigning Champ
The women’s retailer announced it will acquire 75 percent of the brand, with a total enterprise value of $63 million, and acquire the rest of the business over the next five years.
Aritzia Expands to Men’s with Acquisition of Activewear Brand Reigning Champ
The women’s retailer announced it will acquire 75 percent of the brand, with a total enterprise value of $63 million, and acquire the rest of the business over the next five years.
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Retail
Pattern Raises Capital to Acquire DTC Homeware Brands, Announces Acquisition of GIR
The parent of lifestyle brands OpenSpaces and EqualParts has raised $60 million of debt and equity capital to acquire home-centric goods brands, its next phase of expansion.
Pattern Raises Capital to Acquire DTC Homeware Brands, Announces Acquisition of GIR
The parent of lifestyle brands OpenSpaces and EqualParts has raised $60 million of debt and equity capital to acquire home-centric goods brands, its next phase of expansion.
Technology
Lightspeed Acquires Nuorder and Ecwid in E-Commerce Tie-Up
The online payments provider said it will buy Ecwid, an e-commerce platform for small businesses, for about $500 million, and digital wholesale platform Nuorder for about $425 million.
Lightspeed Acquires Nuorder and Ecwid in E-Commerce Tie-Up
The online payments provider said it will buy Ecwid, an e-commerce platform for small businesses, for about $500 million, and digital wholesale platform Nuorder for about $425 million.
Retail
Ralph Lauren Sells Club Monaco to Private Equity Firm Regent
The deal concludes a strategic overhaul announced last year.
Ralph Lauren Sells Club Monaco to Private Equity Firm Regent
The deal concludes a strategic overhaul announced last year.
Luxury
Tomorrow Acquires Stake in Charles Jeffrey Loverboy
The brand accelerator is pushing a new model for growing emerging labels in a fashion market where going it alone as a small independent brand is tougher than ever.
Tomorrow Acquires Stake in Charles Jeffrey Loverboy
The brand accelerator is pushing a new model for growing emerging labels in a fashion market where going it alone as a small independent brand is tougher than ever.
The News in Brief
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.