The shoemaker will be purchased for $63 per share. Following the announcement, shares of the footwear company rose 25 percent in early New York trading.
The shoemaker will be purchased for $63 per share. Following the announcement, shares of the footwear company rose 25 percent in early New York trading.
Under new ownership by a undisclosed group of investors, the label known for its celebrity-loved freckle pen is being operated by Nameless CPG.
Under new ownership by a undisclosed group of investors, the label known for its celebrity-loved freckle pen is being operated by Nameless CPG.
The combined companies will start trading under the name LuxExperience on the New York Stock Exchange by May 1.
The combined companies will start trading under the name LuxExperience on the New York Stock Exchange by May 1.
The deal marks Dame’s second acquisition in the last year as the $125 vibrator seller seeks to grow market share in the sexual wellness sector.
The deal marks Dame’s second acquisition in the last year as the $125 vibrator seller seeks to grow market share in the sexual wellness sector.
Employees at Boots are fearful of what Sycamore Partners’ takeover of Walgreens Boots Alliance means for the future of the UK-based chemist, The Guardian reports.
Employees at Boots are fearful of what Sycamore Partners’ takeover of Walgreens Boots Alliance means for the future of the UK-based chemist, The Guardian reports.
A committee of unsecured creditors to Forever 21’s US arm is investigating the fast fashion retailer’s deals prior to its Chapter 11 filing, including JCPenney’s acquisition of its parent Sparc Group.
A committee of unsecured creditors to Forever 21’s US arm is investigating the fast fashion retailer’s deals prior to its Chapter 11 filing, including JCPenney’s acquisition of its parent Sparc Group.
China’s largest sportswear company bought the German outerwear, footwear and equipment brand from Topgolf Callaway Brands.
China’s largest sportswear company bought the German outerwear, footwear and equipment brand from Topgolf Callaway Brands.
The German luxury e-tailer also announced a series of leadership changes set to take place at both companies after the deal closes on April 23.
The German luxury e-tailer also announced a series of leadership changes set to take place at both companies after the deal closes on April 23.
The Tokyo-based label’s return to independence follows New Guards Group’s sale of Palm Angels.
The Tokyo-based label’s return to independence follows New Guards Group’s sale of Palm Angels.
Prada plans to invest an additional €250 million in relaunching Versace, which has struggled to keep up with bigger heritage brands since selling to Michael Kors parent Capri Holdings in 2018.
Prada plans to invest an additional €250 million in relaunching Versace, which has struggled to keep up with bigger heritage brands since selling to Michael Kors parent Capri Holdings in 2018.
Amid reports that the De Giglio-backed, Hailey Bieber-fronted brand Rhode is exploring a sale for more than $1 billion, the stealthy operator-turned-investor speaks for the first time about his bets in beauty — and his return to fashion.
Amid reports that the De Giglio-backed, Hailey Bieber-fronted brand Rhode is exploring a sale for more than $1 billion, the stealthy operator-turned-investor speaks for the first time about his bets in beauty — and his return to fashion.
Prada SpA is nearing final approval to acquire Versace from Capri Holdings Ltd. for €1.25 billion ($1.4 billion), Bloomberg reported.
Prada SpA is nearing final approval to acquire Versace from Capri Holdings Ltd. for €1.25 billion ($1.4 billion), Bloomberg reported.
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.