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Tag: sells

Walmart sells off 2 more digital brands

Dive Brief: Walmart has made deals to sell off two of its online brands, a spokesperson confirmed for Retail Dive. Shoes.com, which Walmart acquired for $9 million in 2017, is headed to private equity firm CriticalPoint Capital, according to Bloomberg, which first reported the news. CriticalPoint is the owner of the footwear retailer JackRabbit. Digital …

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Boohoo shareholder sells off shares in firm worth nearly £80m | Business

One of Boohoo’s largest shareholders has sold off more than half its stake in the online fashion retailer, saying its response to reports of poor working conditions in its supply chain had been inadequate. Aberdeen Standard Investments sold off 27m shares this week, worth nearly £80m at Thursday’s closing price, as it said recent events …

Boohoo shareholder sells off shares in firm worth nearly £80m | BusinessRead More

A Hume Country Clothing owner sells business | News

Celebrating its 90th anniversary this year, the countrywear independent was bought by the Nuttall family – which owns shares in knitwear producer William Lockie – on 31 January.  Founded in 1874, William Lockie is also based in the Scottish borders in Hawick. It produces knitwear brand William Lockie, which is stocked in both A Hume stores. …

A Hume Country Clothing owner sells business | NewsRead More

Les Wexner sells control of Victoria’s Secret amid declining sales | Business

Les Wexner, the billionaire retailer who made Victoria Secret one of the most famous brands on the planet, has sold control of the troubled lingerie company as it deals with declining sales and the fallout of a scandal involving Wexner’s ties to convicted sex offender Jeffrey Epstein. Wexler, 82, announced on Thursday that he would …

Les Wexner sells control of Victoria’s Secret amid declining sales | BusinessRead More

Nike.com sells out of Bryant merchandise

Get great content like this right in your inbox. Subscribe The Nike KOBE AD NXT – one of many models in Nike’s Kobe line. A hot online resale market is popping up for licensed Nike Kobe Bryant paraphernalia. According to MarketWatch, speculative resellers are already capitalizing on the untimely accidental death of retired Los Angeles …

Nike.com sells out of Bryant merchandiseRead More

Nike.com sells out of Bryant merchandise

Get great content like this right in your inbox. Subscribe The Nike KOBE AD NXT – one of many models in Nike’s Kobe line. A hot online resale market is popping up for licensed Nike Kobe Bryant paraphernalia. According to MarketWatch, speculative resellers are already capitalizing on the untimely accidental death of retired Los Angeles …

Nike.com sells out of Bryant merchandiseRead More

Nike sells out of Kobe Bryant merchandise online after death

Kobe Bryant Ezra Shaw | Getty Images Nike has sold out of all of its Kobe Bryant merchandise online, following the tragic death of the basketball legend on Sunday, a spokesperson confirmed to CNBC. Reports that said Nike had pulled the merchandise from its website are false, the person said. Now, a search for Kobe Bryant-related …

Nike sells out of Kobe Bryant merchandise online after deathRead More

Single store property in Wisconsin sells for $36 million

There are big boxes, and then there are big, big boxes. SR Realty Trust has purchased a single store property in Oconomowoc, Wis., for the stunning price of $36.5 million. This is not your run-of-the mill store, but the 216,628-sq.-ft. home of Fleet Farm, a business that brings new meaning to the term one-stop-shop. Fleet …

Single store property in Wisconsin sells for $36 millionRead More

Tailored Brands sells rights to Joseph Abboud; designer to exit

Get great content like this right in your inbox. Subscribe Tailored Brands is selling the Joseph Abboud trademarks to a brand acquisition firm for $115 million.  The menswear retailer said it will sell the Joseph Abboud trademarks to New York-based brand acquisition and management firm WHP for $115 million. It has also entered into a …

Tailored Brands sells rights to Joseph Abboud; designer to exitRead More

Colin Kaepernick’s new Nike shoe sells out on the first day

Force 1 x Colin Kaepernick shoe. Nike Nike’s new “True to 7” shoe with former NFL quarterback Colin Kaepernick has already sold out on the first day of its North American release, according to the company’s website. “This Air Force 1 season, Nike partnered with a collective of collaborators to design an AF1 that connects …

Colin Kaepernick’s new Nike shoe sells out on the first dayRead More