Two of the most storied names in German department stores are combining in a deal orchestrated by an Austrian real estate billionaire, highlighting the pressures facing traditional retailers amid the rise of Amazon.com Inc.
Two of the most storied names in German department stores are combining in a deal orchestrated by an Austrian real estate billionaire, highlighting the pressures facing traditional retailers amid the rise of Amazon.com Inc.
Ermenegildo Zegna Group paid a hefty sum to acquire 85 percent of the American fashion label, but the price tag comes with new opportunities and synergies for the Italian company.
Ermenegildo Zegna Group paid a hefty sum to acquire 85 percent of the American fashion label, but the price tag comes with new opportunities and synergies for the Italian company.
Authentic Brands proposed to be the so-called stalking horse bidder for Brookstone with an offer of $35 million this week, after acquiring the Nine West shoe and accessories label in June.
Authentic Brands proposed to be the so-called stalking horse bidder for Brookstone with an offer of $35 million this week, after acquiring the Nine West shoe and accessories label in June.
The Italian company Ermenegildo Zegna Group has acquired 85 percent of the business at a $500 million valuation. Browne is the sole other shareholder.
The Italian company Ermenegildo Zegna Group has acquired 85 percent of the business at a $500 million valuation. Browne is the sole other shareholder.
Perry Ellis said the decision was made after a major licensor refused to consent to Randa's acquisition of the company.
Perry Ellis said the decision was made after a major licensor refused to consent to Randa's acquisition of the company.
The acquisition will give the US retail giant a stronger foothold in Asia's third-largest economy, where it has struggled to expand in the last decade.
The acquisition will give the US retail giant a stronger foothold in Asia's third-largest economy, where it has struggled to expand in the last decade.
This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
This week, Walmart enters into a strategic partnership with Microsoft to rival Amazon, while JD.com's innovations are transforming rural China.
Julian Dunkerton, a former chief executive of the company, has sold a 6.7 percent stake in Superdry, reducing his holding to 18.5 percent.
Julian Dunkerton, a former chief executive of the company, has sold a 6.7 percent stake in Superdry, reducing his holding to 18.5 percent.
The men's accessories maker offered to buy Perry Ellis for $28 per share, 50 cents higher than the offer from Perry Ellis founder George Feldenkreis, which the company agreed to in June.
The men's accessories maker offered to buy Perry Ellis for $28 per share, 50 cents higher than the offer from Perry Ellis founder George Feldenkreis, which the company agreed to in June.
Randa's $28-per-share offer is 50 cents higher than a competing offer from the apparel brand's founder George Feldenkreis, and could derail Feldenkreis' deal to take the company private.
Randa's $28-per-share offer is 50 cents higher than a competing offer from the apparel brand's founder George Feldenkreis, and could derail Feldenkreis' deal to take the company private.
The $1.38 billion deal will give Differential Brands access to licenses for brands including Calvin Klein, Under Armour and Michael Kors.
The $1.38 billion deal will give Differential Brands access to licenses for brands including Calvin Klein, Under Armour and Michael Kors.
The luxury market has seen no shortage of mergers and acquisitions and the pace is picking up with Dries Van Noten and Missoni signing deals in the past week alone.
The luxury market has seen no shortage of mergers and acquisitions and the pace is picking up with Dries Van Noten and Missoni signing deals in the past week alone.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.