Tag: group
Investment group outbids stalking horse to nab RTW Retailwinds for $40M
Dive Brief: The e-commerce business and intellectual property of RTW Retailwinds were sold at bankruptcy auction Friday to investment firm Saadia Group for $40 million plus assumption of certain liabilities, including honoring gift cards. To win the auction, Saadia Group doubled the price of a stalking horse purchase agreement offered by Sunrise Brands earlier this …
Investment group outbids stalking horse to nab RTW Retailwinds for $40MRead More
Armani Group sales rise
10 July 2020 By Isabella Fish News Net revenue at Armani group rose 3.2% year on year to €2.1bn (£1.8bn) in 2019, however earnings before tax dropped 12%. You have read 1 of 1 free-access articles allowed …
Donear Group collaborates with Zodiac
The Donear Group, one of the largest conglomerates in the textile industry has collaborated with ZODIAC and has supplied a significant volume of the fabric treated with the unique HEIQ Viroblock technology that has tested successfully against the virus that causes COVID-19. Both companies – ZODIAC, a premium men’s clothing brand with a rich legacy …
Myntra partners with Movado Group to launch MVMT watches in India
Myntra, in a strategic partnership with Movado Group International, one of the world’s largest watches groups, today announced the launch of MVMT (pronounced as ’Movement’) watches on its platform. Founded in Los Angeles, MVMT watches mainly cater to new-age shoppers who are digital-savvy, with a motto that style shouldn’t break the bank. It offers high-quality …
Myntra partners with Movado Group to launch MVMT watches in IndiaRead More
Myntra partners with watchmaker Movado Group, Retail News, ET Retail
New Delhi: Flipkart owned Myntra has partnered with watchmaker Movado Group International for the launch of MVMT watches on its platform, the e-tailer said in a statement. “MVMT is known for its trendy designs, durable and affordable watches. They have a huge following on social media and are a favourite amongst youngsters. Watches are a …
Myntra partners with watchmaker Movado Group, Retail News, ET RetailRead More
In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group
Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to sell its operating assets to SPARC Group LLC (SPARC), a jointly owned entity of Authentic Brands Group (ABG) and mall owner Simon Property Group, and Lucky Brand’s intellectual property assets to ABG-Lucky LLC, a newly formed subsidiary …
Unable to comment on rumours about deal with Future Group: RIL
Reliance Industries Limited (RIL) has clarified that it is unable to comment on speculation and rumours on a deal to acquire the retail businesses of Future Group. RIL was replying in a clarification to stock exchanges on a possible deal with Future Group. “…And would like to clarify that we are unable to comment on …
Unable to comment on rumours about deal with Future Group: RILRead More
A few words with VIPO Group CEO and Founder – The Fashion Retailer
William Bernal is the CEO and founder of VIPO Group, a new company that is changing the way people shop in-store and online. He was born in Colombia and moved to France almost two years ago, where he finished his master studies in image and signal processing. William is an electronic engineer with a great …
A few words with VIPO Group CEO and Founder – The Fashion RetailerRead More
Bonn Group launches range of cupcakes, barcakes
Cakes and other bakery products are one of the most selling food segments in India during the times of coronavirus pandemic. Cashing in on the opportunity FMCG player Bonn Group of Industries has expanded its cake portfolio. The brand has unveiled a range of eggless cupcakes and barcakes in mix fruit, chocolate and vanilla flavours …
Very Group axes 141 roles in restructuring | News
The owner of Very and Littlewoods, formerly known as Shop Direct, said the restructuring would help to future-proof the business. Chief executive Henry Birch explained: “As we look to the future, we need the right team structures, working practices and environments to enable us to meet the opportunities and tackle the challenges that lie ahead. …
