By Reuters Published May 2, 2024 Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom, according to people familiar with the matter. Nordstrom Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company’s president, were exploring options to take the retailer private, confirming … Read more
By Bloomberg Published Apr 9, 2024 Puig Brands SA is betting on the Fragrance Index for its multibillion-euro initial public offering. But the owner of Charlotte Tilbury, Jean Paul Gaultier and Nina Ricci will have to pass the smell test to convince investors to buy into it. After three years of stellar growth, we may be … Read more
By Reuters Published Mar 20, 2024 The founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar attempt proved unsuccessful, people familiar with the matter said on Tuesday. Nordstrom The deal deliberations come as Nordstrom and other U.S. retailers grapple with consumers curbing their discretionary … Read more
The Athlete’s Foot (TAF) on Tuesday reported global sales of $593 million, up 7%, in fiscal year 2023, as the sportswear retailer continued on its growth trajectory, “even amidst a challenging retail landscape.” The Athlete’s Foot The Atlanta, Georgia-based company attributed its financial growth to “heightened customer engagement,” during the year, particularly with the global rollout of its … Read more
A dank wet Saturday at London Fashion Week, where ironically in a ready-to-wear season the most distinctive collections were essentially expressions of couture. Erdem: Maria Callas among the Elgin Marbles Medea, Maria Callas and the sense of loss both heroines suffered from was the connective tissue in the latest opulently impressive collection by Erdem Moralioglu. … Read more
