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Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone

Retail TouchPoints

Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. and managed by Bluestar since 2018. Both brands have been owned by Bebe Stores, Inc.

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Nestlé appoints Scott Coles as new Managing Director for Confectionery UK & Ireland

Retail Focus

In his new role, Scott will join the Nestl UK & Ireland leadership team, where he will spearhead Nestls efforts to expand market share and enhance value for both consumers and customers within the confectionery sector. Scott brings a wealth of experience to this position, having joined Nestl in 1997.

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Luxury Subscription Service Vivrelle Bags $26M in Series A Funding

Retail TouchPoints

The subscription service, founded by husband and wife team Blake and Wayne Geffen in 2018, allows members to keep items as long as they want, or swap them out monthly. The financing round was led by Origin Ventures with participation from Chapford Capital Group. Members also receive exclusive discounts on products they decide to buy.

Jewelry 299
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Hy-Vee RMN Deploys Carrot Ads Solution; Instacart Extends Ad Placements to Smart Carts

Retail TouchPoints

Hy-Vee first partnered with Instacart for deliveries in 2018. Retail media is a critical driver of the grocery ecosystem, and since launching Hy-Vee RedMedia, weve been committed to strengthening our capabilities in this area, said Kathryn Mazza, President of Hy-Vee RedMedia and Chief Marketing Officer of Hy-Vee in a statement.

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PacSun Names Co-CEOs and New President

Retail TouchPoints

Chang has been President of PacSun since 2018 and has served in multiple senior positions since joining the company in 2006. Chang will set and drive PacSun’s brand strategy, including design, merchandising, marketing, retail and ecommerce. All three executives are retail veterans with decades of experience.

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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Prior to joining Amazon, Herrington served as CEO of KeepMedia and VP of Marketing at online grocery retailer Webvan. Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership. Another company veteran, John Felton, will now lead the company’s operations.

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Booktopia appoints Peter George as its new chairman

Inside Retail

George has extensive experience and background in telecommunications, media and corporate finance. He has been executive chairman of Retail Food Group since 2018, a role he will continue to hold simultaneously. Booktopia’s strong market position and loyal customer base mean it has huge potential for further growth,” said George.