Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
ipo
Financial Markets
Showroomprive Raises $280 Million After IPO Priced at Low End
Online retailer Showroomprive and its owners sold shares for 256 million euros ($280 million) in an initial public offering to help fund expansion beyond France.
Showroomprive Raises $280 Million After IPO Priced at Low End
Online retailer Showroomprive and its owners sold shares for 256 million euros ($280 million) in an initial public offering to help fund expansion beyond France.
News & Analysis
Showroomprive Seeks $424 Million in Web Retailer’s Paris IPO
Online retailer Showroomprive is seeking as much as 373 million euros ($424 million) in an initial public offering to expand beyond France amid intensifying competition from rivals such as Vente-Privee.com SA to Amazon.com Inc.
Showroomprive Seeks $424 Million in Web Retailer’s Paris IPO
Online retailer Showroomprive is seeking as much as 373 million euros ($424 million) in an initial public offering to expand beyond France amid intensifying competition from rivals such as Vente-Privee.com SA to Amazon.com Inc.
Financial Markets
Valentino’s Qatari Owner Said to Explore IPO of Designer Company
The Qatari owners of Valentino Fashion Group SpA are exploring options including an initial public offering of the Italian company, according to people with knowledge of the matter.
Valentino’s Qatari Owner Said to Explore IPO of Designer Company
The Qatari owners of Valentino Fashion Group SpA are exploring options including an initial public offering of the Italian company, according to people with knowledge of the matter.
Global Markets
Alibaba’s Rise and Fall: What Comes After the Historic Wipeout?
Alibaba Group Holding Ltd. looked like a sure thing a year ago when it pulled off the largest initial public offering ever. Shares soared 76 percent from the IPO price in just two months. Then it all crumbled.
Alibaba’s Rise and Fall: What Comes After the Historic Wipeout?
Alibaba Group Holding Ltd. looked like a sure thing a year ago when it pulled off the largest initial public offering ever. Shares soared 76 percent from the IPO price in just two months. Then it all crumbled.
Global Markets
Alibaba Investors Backpedal as China Slowdown Saps Sales Growth
Alibaba Group Holding Ltd. is beset by the slowest economic growth in 25 years and a domestic stock selloff that has shaken global investor confidence.
Alibaba Investors Backpedal as China Slowdown Saps Sales Growth
Alibaba Group Holding Ltd. is beset by the slowest economic growth in 25 years and a domestic stock selloff that has shaken global investor confidence.
Financial Markets
Versace to Award Management Stock as IPO Plan Remains on Track
Gianni Versace SpA will award management about 0.3 percent of the company’s stock when it sells shares in an initial public offering, according to chief executive officer Gian Giacomo Ferraris.
Versace to Award Management Stock as IPO Plan Remains on Track
Gianni Versace SpA will award management about 0.3 percent of the company’s stock when it sells shares in an initial public offering, according to chief executive officer Gian Giacomo Ferraris.
Financial Markets
Alibaba Drop Leaves Stock Pennies Above IPO Price
Shares of Alibaba Group Holding Ltd fell 3 percent on Friday and were perilously close to breaking below the price set in the largest IPO in history as fears of a China-led global slowdown rattled investors.
Alibaba Drop Leaves Stock Pennies Above IPO Price
Shares of Alibaba Group Holding Ltd fell 3 percent on Friday and were perilously close to breaking below the price set in the largest IPO in history as fears of a China-led global slowdown rattled investors.
Financial Markets
Luxury Retailer Neiman Marcus Files for IPO Valued at $100M
Neiman Marcus Group Inc filed with US regulators on Tuesday for an initial public offering, the second time in two years it has unveiled plans to go public.
Luxury Retailer Neiman Marcus Files for IPO Valued at $100M
Neiman Marcus Group Inc filed with US regulators on Tuesday for an initial public offering, the second time in two years it has unveiled plans to go public.
Financial Markets
Shopify Has Smaller Loss Than Expected in First Post-IPO Results
Shopify Inc. beat analysts’ estimates in its first quarter as a public company as it signed up more users and increased revenue from processing payments.
Shopify Has Smaller Loss Than Expected in First Post-IPO Results
Shopify Inc. beat analysts’ estimates in its first quarter as a public company as it signed up more users and increased revenue from processing payments.
Financial Markets
Rocket Internet Says Portfolio Value up 47 Percent from IPO
Germany's Rocket Internet said the last portfolio value of its stable of e-commerce investments had risen by 2.3 billion euros ($2.5 billion), or 47 percent, by the end of June from its stock flotation nine months ago.
Rocket Internet Says Portfolio Value up 47 Percent from IPO
Germany's Rocket Internet said the last portfolio value of its stable of e-commerce investments had risen by 2.3 billion euros ($2.5 billion), or 47 percent, by the end of June from its stock flotation nine months ago.
Financial Markets
Why Under Armour CEO’s Power Play Looks Like Bad Governance
Plank gladly accepted investors’ money when he took Under Armour public in 2005, but since then he’s maintained control through an increasingly complex setup of multiple stock classes.
Why Under Armour CEO’s Power Play Looks Like Bad Governance
Plank gladly accepted investors’ money when he took Under Armour public in 2005, but since then he’s maintained control through an increasingly complex setup of multiple stock classes.
Retail
Hudson’s Bay Real Estate IPO Moves Closer With Deal for Kaufhof
Hudson’s Bay Co.’s acquisition of a 136-year-old German retailer lifts the value of its real estate by 20 percent to C$11 billion ($8.9 billion) and brings it a step closer to unlocking that value in a new initial public offering.
Hudson’s Bay Real Estate IPO Moves Closer With Deal for Kaufhof
Hudson’s Bay Co.’s acquisition of a 136-year-old German retailer lifts the value of its real estate by 20 percent to C$11 billion ($8.9 billion) and brings it a step closer to unlocking that value in a new initial public offering.
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
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.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
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.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
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.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
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.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.