Inside Coupang’s Tug of War With Farfetch Coupang, the South Korean e-commerce powerhouse, has been locked in a fierce battle with luxury e-tailer Farfetch since acquiring it a year ago. The acquisition was intended to revamp Farfetch’s operations and drive it towards profitability. Recent reports indicate that Coupang’s efforts are indeed yielding results, with Farfetch […]
Kayali Bought by Co-Founder and Private Equity Firm General Atlantic
Kayali Bought by Co-Founder and Private Equity Firm General Atlantic In a strategic move that has sent ripples through the beauty industry, Dubai-based Huda Beauty has made the decision to sell its popular fragrance line, Kayali. The acquisition will see the brand being bought back by its co-founder, Mona Kattan, alongside the reputable private equity […]
Steve Madden to Buy UK Shoe Brand Kurt Geiger for $360 Million
Steve Madden to Acquire UK Shoe Brand Kurt Geiger for $360 Million Steve Madden, the renowned Long Island-based footwear and accessory company, is making headlines with its recent announcement to purchase the esteemed UK shoe brand Kurt Geiger for a staggering $360 million. This strategic move marks a significant milestone for Steve Madden as it […]
Report: Unilever to Acquire Refillable Personal Care Brand Wild For £230 Million
Report: Unilever to Acquire Refillable Personal Care Brand Wild For £230 Million In the ever-evolving landscape of consumer goods, sustainability has become a key focus for many companies looking to make a positive impact on the environment. Unilever, a global leader in the personal care industry, is set to take a significant step in this […]
Mytheresa’s Profits Soar Ahead of Its YNAP Acquisition
Mytheresa’s Profits Skyrocket in Anticipation of YNAP Acquisition Mytheresa, the renowned German luxury e-tailer, has recently made waves in the business world by more than doubling its adjusted earnings in the second fiscal quarter ending in December. This impressive financial performance not only showcases the company’s resilience in the face of economic challenges but also […]
Bluestar Alliance Acquires Palm Angels
Bluestar Alliance Acquires Palm Angels: Expanding Its Footprint in Luxury Streetwear Bluestar Alliance, a renowned brand-management firm, continues to make waves in the fashion industry with its recent acquisition of the Milan-based luxury streetwear label, Palm Angels. This strategic move comes hot on the heels of Bluestar Alliance’s purchase of Off-White last year, solidifying its […]
US takes legal action against HPE’s Juniper acquisition
US Department of Justice Takes Legal Action Against HPE’s $14 Billion Juniper Acquisition The US Department of Justice (DOJ) has recently made a bold move by taking legal action against Hewlett Packard Enterprise (HPE) regarding its proposed $14 billion acquisition of Juniper. This unexpected development has sent shockwaves through the tech industry, raising concerns about […]
Trump open to Musk acquiring TikTok
Trump Backs Elon Musk’s Potential Acquisition of TikTok Amid the ongoing debates surrounding the future of TikTok in the United States, President Trump has expressed his support for tech mogul Elon Musk potentially acquiring the popular social media platform. The proposed acquisition comes in the wake of national security concerns and the administration’s efforts to […]
Report: Capri Holdings Has Pitched Prada To Acquire Versace
Report: Capri Holdings Has Pitched Prada To Acquire Versace In the fast-paced world of luxury fashion, mergers and acquisitions are not uncommon. The latest buzz in the industry involves Capri Holdings, the parent company of iconic brands like Michael Kors, Jimmy Choo, and Versace. According to a report by Italian daily Il Sole 24 Ore, […]
China’s Youngor Group Acquires Bonpoint
China’s Youngor Group Acquires Bonpoint In a strategic move that signals the increasing globalization of the fashion industry, China’s Youngor Group has recently acquired Bonpoint, the renowned French luxury childrenswear brand. This acquisition, which saw the Chinese fashion conglomerate purchasing Bonpoint from the private investment firm EPI, marks a significant shift in the landscape of […]