Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
acquisition
Retail
Why Kith's First Investor Hasn't Given Up on Saving Barneys
With support from retail industry veterans including Andrew Rosen and billionaire Ron Burkle, Sam Ben-Avraham has raised $300 million for a competing bid against ABG and has his sight set on restoring Barneys to its former glory as New York’s coolest retailer.
Why Kith's First Investor Hasn't Given Up on Saving Barneys
With support from retail industry veterans including Andrew Rosen and billionaire Ron Burkle, Sam Ben-Avraham has raised $300 million for a competing bid against ABG and has his sight set on restoring Barneys to its former glory as New York’s coolest retailer.
Beauty
Why Shiseido Bought Drunk Elephant
The Japanese beauty giant will purchase the clean skincare brand for $845 million, adding to a prestige portfolio that includes Shiseido, Nars, Clé de Peau Beauté and Laura Mercier.
Why Shiseido Bought Drunk Elephant
The Japanese beauty giant will purchase the clean skincare brand for $845 million, adding to a prestige portfolio that includes Shiseido, Nars, Clé de Peau Beauté and Laura Mercier.
News & Analysis
Farfetch: Relationship with Off-White Will Last At Least Through 2026
The luxury marketplace acquired New Guards Group, the Milanese company which operates but does not own Virgil Abloh’s brand, in August to control its retail sales online.
Farfetch: Relationship with Off-White Will Last At Least Through 2026
The luxury marketplace acquired New Guards Group, the Milanese company which operates but does not own Virgil Abloh’s brand, in August to control its retail sales online.
News & Analysis
Great Bowery Acquires Coveteur
The network of agencies founded by Matthew Moneypenny, who exited two years ago, is acquiring the fashion and lifestyle digital media company to better compete in the evolving talent representation business.
Great Bowery Acquires Coveteur
The network of agencies founded by Matthew Moneypenny, who exited two years ago, is acquiring the fashion and lifestyle digital media company to better compete in the evolving talent representation business.
News & Analysis
Amazon Nears Deal for Up to 10% of India’s Second-Largest Retailer
The e-commerce giant is in talks to acquire a 20 percent stake in the Mumbai-based retailer in a bid to increase Amazon's India presence.
Amazon Nears Deal for Up to 10% of India’s Second-Largest Retailer
The e-commerce giant is in talks to acquire a 20 percent stake in the Mumbai-based retailer in a bid to increase Amazon's India presence.
News & Analysis
BlackRock Buys $875 Million Stake in Authentic Brands Group
The company's private equity vehicle struck its first deal, backing a company that manages brands including Juicy Couture, active-wear maker Spyder and leather-goods provider Frye Co.
BlackRock Buys $875 Million Stake in Authentic Brands Group
The company's private equity vehicle struck its first deal, backing a company that manages brands including Juicy Couture, active-wear maker Spyder and leather-goods provider Frye Co.
Luxury
Why Farfetch Bought New Guards Group
The luxury marketplace bought New Guards, which operates streetwear sensation Off-White, for a total value of $675 million and plans to tap into the group to launch 'brands of the future.' In after-hours trading, Farfetch shares plunged by over 40 percent, marking an all-time low for the stock.
Why Farfetch Bought New Guards Group
The luxury marketplace bought New Guards, which operates streetwear sensation Off-White, for a total value of $675 million and plans to tap into the group to launch 'brands of the future.' In after-hours trading, Farfetch shares plunged by over 40 percent, marking an all-time low for the stock.
News & Analysis
Barneys Considers Bankruptcy Loan With Great American Capital
Advisers to the high-fashion retailer held talks with the specialty finance firm, in addition to existing lenders at TPG Sixth Street Partners and Wells Fargo & Co., sources close to the matter said.
Barneys Considers Bankruptcy Loan With Great American Capital
Advisers to the high-fashion retailer held talks with the specialty finance firm, in addition to existing lenders at TPG Sixth Street Partners and Wells Fargo & Co., sources close to the matter said.
News & Analysis
Renzo Rosso’s OTB Increases Its Stake in Viktor & Rolf
The Italian fashion group that owns Diesel, Marni and Maison Margiela added to its existing investment in the brand founded by the Dutch design duo Viktor Horsting and Rolf Snoeren in 1993.
Renzo Rosso’s OTB Increases Its Stake in Viktor & Rolf
The Italian fashion group that owns Diesel, Marni and Maison Margiela added to its existing investment in the brand founded by the Dutch design duo Viktor Horsting and Rolf Snoeren in 1993.
News & Analysis
Why LVMH Struck a Deal with Stella McCartney
The ethical fashion label will hardly move the needle for LVMH, but could help the group boost its sustainability credentials, which are seen to be lagging arch rival and former owner Kering at a time when consumers and regulators are taking notice.
Why LVMH Struck a Deal with Stella McCartney
The ethical fashion label will hardly move the needle for LVMH, but could help the group boost its sustainability credentials, which are seen to be lagging arch rival and former owner Kering at a time when consumers and regulators are taking notice.
Beauty
Colgate to Buy Skincare Business of Laboratoires Filorga Cosmétiques for $1.69 Billion
The dental care company is looking to expand its presence in the high-margin personal care business.
Colgate to Buy Skincare Business of Laboratoires Filorga Cosmétiques for $1.69 Billion
The dental care company is looking to expand its presence in the high-margin personal care business.
Media
Stefano Tonchi Exits W After Acquisition by Surface Magazine Owner
Marc Lotenberg, chief executive and chairman of the newly formed Future Media Group, has named Style Director Sara Moonves editor-in-chief after acquiring the fashion magazine from Condé Nast.
Stefano Tonchi Exits W After Acquisition by Surface Magazine Owner
Marc Lotenberg, chief executive and chairman of the newly formed Future Media Group, has named Style Director Sara Moonves editor-in-chief after acquiring the fashion magazine from Condé Nast.
The News in Brief
Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.