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mergers and acquisitions

Genesco Gains Footwear Sourcing Strength in Levi’s Distributor Acquisition

Genesco's acquisition of Levi's licensee Togast will give it new revenue opportunities and additional…

Here’s Why HBC Postponed Shareholder Vote on Take-Private Plan

With two activist shareholders against the current take-private plan, it is believed that HBC hasn't secured…

Activist Investor Won’t Quit in Fight Over Hudson’s Bay’s Fate

Catalyst Group, an activist investor in Hudson's Bay, is seeking a hearing before the Ontario Securities…

LVMH Set to Acquire Luxury Jeweler Tiffany for $16.2 Billion

Bernard Arnault has coveted Tiffany for his portfolio since 2007, and now he can expand his luxury base in…

Tariffs Squeezing TJX Margins as Off-Pricer Invests in Russian Apparel Chain

TJX had a lot to cheer about in its Q3 results, and on Monday it also took a non-controlling minority stake…

C-Suite: ‘China Still Thinks of Itself as a Poor Country,’ Blackstone CEO Says

Blackstone CEO Stephen Schwarzman reveals why he's optimistic about the U.S. and China finally putting their…

Vince Builds Contemporary Fashion Empire With $19.7M Rebecca Taylor, Parker Deal

And while the $19.7 million deal helps Vince diversify its presence in the contemporary market, the company…

The Week Ahead: Barneys’ Reincarnation Under Authentic Brands Group

Barneys New York ends one chapter of its retail history and begins a new one under the ownership of Authentic…

Barneys Bankruptcy Judge Signs Off on Deal to ABG, But Time Remains for Rival Offers

Authentic Brands Group is expected to close on its Barneys deal on Friday, but others can still try to make…

Why Hudson’s Bay Says $1.45 Billion Take-Private Deal ‘Represents Best Path Forward’

Hudson's Bay said an immediate cash deal provides certainty over future share-price performance, absent…

Retail Expert Says ABG’s $270 Million Barneys Bid Equals ‘Significant Discount’

The brand management firm's deal, if finalized, is still subject to better offers at a court auction on Oct…

Are Joe’s Jeans and Jessica Simpson Looking for a New Parent?

Sequential Brands Group has hired Stifel as financial advisor, while Karen Murray has stepped down as CEO.

Walmart to Sell Digitally Native ModCloth to New Owner

Two years after Walmart acquired ModCloth, the digitally native fashion brand targeting millennial women with…

Activist Investor Says $1.3 Billion Take-Private Offer Undervalues HBC Real Estate

Another Hudson's Bay investor opposes the chairman's take-private offer, citing undervaluation of the…

Clock is Ticking for Barneys as New Oct. 3 Deadline Approaches

Bankrupt Barneys New York has bought itself a few more days to find a buyer, but there's also a chance it…