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LVMH has sold the luxury streetwear brand Off-White to brandmanagement company Bluestar Alliance. LVMH took a majority stake in the label in 2021 , agreeing to increase its stake over time to 60% , with brand founder Virgil Abloh retaining the remaining 40%. Financial details were not disclosed.
But recently, a lesser-known division of Gordon Brothers found itself in the spotlight when the company sold the iconic British brand Laura Ashley to brandmanagement firm Marquee. The deal was managed by Gordon Brothers Brand Division, which had spent the previous four years revitalizing Laura Ashley after its 2020 bankruptcy.
Authentic Brands Group (ABG) — which has made a name for itself by scooping up bankrupt retail brands such as Forever 21 , JCPenney , Aéropostale and Brooks Brothers and bringing them back to life through licensing — is planning to go public. In June 2020, ABG also bought fellow brandmanagement company PVH Corp. ’s
An affiliate of brandmanagement company Bluestar Alliance has purchased the U.S.-based based wholesale and retail business assets of the Scotch & Soda brand, which will allow its products to be sold in retail stores across the country. The Bluestar portfolio includes brands such as Brookstone, Bebe, Limited Too and Hurley.
Brandmanagement firm WHP Global has received a $375 million equity investment from funds managed by the private equity group of Ares Management Corporation to fuel its next wave of brand acquisitions. The transaction values WHP at $1.6 this summer.
The brands also share owners. Simon Property Group bought Forever 21 out of bankruptcy in partnership with fellow mall operator Brookfield Asset Management and brandmanagement firm Authentic Brands Group in February 2020. JCPenney isn’t Forever 21’s first foray into department stores.
.” JCPenney — which was bought out of bankruptcy in December 2020 by mall operators Simon Property Group and Brookfield Asset Management alongside brandmanagement firm Authentic Brands Group — has made a number of moves to streamline operations and up its game in the last year. of its workforce.
As a small business owner, managing supply chain issues is nothing new. Fortunately, there are several strategies that you can use to ensure that your supply chain is managed properly and efficiently. It also includes managing returns from customers who may be unhappy with their purchases or have received damaged items.
The store will be located at the American Dream mall in New Jersey, alongside the flagship of sister brand Toys ‘R’ Us , which opened there in December 2021. stores, the Toys ‘R’ Us and Babies ‘R’ Us brands passed through a number of hands before being acquired by current owner, brandmanagement firm WHP Global , in March 2021.
Express has entered a broad-reaching partnership with brandmanagement firm WHP Global , owner of the Toys ‘R’ Us , Babies ‘R’ US and Anne Klein brands, among others. The deal includes plans to acquire “multiple” fashion brands as well as the expanded monetization of the Express brand through global licensing partnerships.
stores in 2018, the Toys ‘R’ Us brand passed through a number of hands before being acquired by brandmanagement firm WHP Global in March 2021. Slated to open in mid-December, the new mall-based flagship follows on a 2019 attempt to revive the toy store chain via smaller mall locations that was thwarted by the pandemic.
Daniel Grieder has stepped down from his post as CEO of Tommy Hilfiger Global & PVH Europe to take on the CEO role at Hugo Boss AG beginning June 1, 2021. Until Grieder begins his tenure, CFO Yves Müller will serve as the Hugo Boss Managing Board’s spokesman. Grieder will be succeeding Mark Langer, who is leaving Hugo Boss on Sept.
is selling its Heritage Brands portfolio — which includes the Izod , Van Heusen , Arrow and Geoffrey Beene brands — to fellow brandmanagement firm Authentic Brands Group for approximately $220 million. This sale marks the latest in a broader shakeup among the larger brandmanagement firms.
(Photo credit: WHP Global) The return of Babies ‘R’ Us to brick-and-mortar is the work of brandmanagement firm WHP Global , alongside American Dream itself, which is the actual operator of the store. Since that time, WHP’s revival efforts have primarily focused on Toys ‘R’ Us, with the opening of that brand’s U.S.
Simon Property Group , is making some shifts in its “side hustle” as a brand owner. On an earnings call discussing its Q1 2024 results, CEO David Simon shared that the company had sold its remaining stake in brandmanagement firm Authentic Brands Group for $1.2 The biggest mall owner in the U.S.,
In 2021, there was also PacSun’s split from former PSEB division Eddie Bauer , which was acquired by SPARC Group , the brandmanagement firm operated by Authentic Brands Group and Simon Property Group. In that 12 years , my career went from manager to a global CIO. I spent about a year and a half working on that.
The collaboration also extends to Skechers t-shirts, leggings, shorts and racerback longline bras, and marks the brand’s first coordinated apparel and footwear collaboration. It follows DVF’s partnership with H&M , which launched in 2021, and also featured the lips print.
She previously served in merchandising and brandmanagement roles at Target and Unilever. Amy College, current Chief Merchandising and Supply Chain Officer, will be leaving the company on August 17, 2024, and the company will conduct a search for a permanent Chief Merchant.
Curious about how the world’s most inclusive fashion brandmanages inventory for all shapes and sizes? Ever wondered how Ikea manages to roll out innovative campaigns globally in record time? You can also catch up on the big winners at the Retailer Awards and find out the leaders in Top 50 People in E-commerce 2021.
. “Our customers have been delighted by the launch of Toys ‘R’ Us in WHSmith stores, so we are excited to have signed a new exclusive agreement which extends our partnership with the brand,” said Sean Toal, Managing Director at WHSmith High Street in a statement.
What Fender does really well is they think about their brandmanagement and marketing through the lens of [its vendor partners],” said Jason Grunberg, CMO of Bluecore in an interview with Retail TouchPoints. They are what I call brand-performance focused, which is where brand and performance marketing marry each other.”
Luxury conglomerate LVMH has sold Off-White to Bluestar Alliance just two years after acquiring the streetwear brand. Bluestar Alliance – a New York-based brandmanagement company – is known for acquiring distressed labels and licensing their names. The terms of the transaction were not disclosed.
Quality Street brandmanager Cat Mews said: “We know how much people missed our pick and mix stations at John Lewis last year, so we are delighted to announce that they are back for 2021. Customers also have the option of refilling previous John Lewis Quality Street tins if they prefer.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events.
Outdoor brand Eddie Bauer is the latest retailer to be snapped up by brandmanagement firm Authentic Brands Group (ABG) and SPARC Group , a joint venture between ABG and mall operator Simon Property Group.
By optimizing excess inventory management and partnering with off-price retailers, companies can distribute leftover products through a simplified process that creates additional revenue and reduces harmful waste — a proven win-win recipe for brand growth, customer loyalty and sustained success. How Is Excess Inventory Optimized?
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events.
FJ Benjamin, a leading brandmanagement company in Singapore with a portfolio of more than 20 iconic brands including Cole Haan, Marc Jacobs, Rebecca Minkoff and Guess, is back in the black after announcing a full-year profit of $3 million in FY22. We have ways of managing costs, inventory purchases, and so on.
The research was commissioned by Bazaarvoice and conducted in October 2021 by Savanta among 8,153 consumers and 505 employees in the retail industry (such as Vice President of Marketing, BrandManager, and E-Commerce Manager) from the UK, US, Canada, France, Germany, and Australia. Research methodology.
While NYFW attendees might be more used to seeing French or Italian fashion on the runway, the export value of Indonesian garment and textile products to the US has grown, reaching almost US$4 million in 2021, a 17 per cent increase over the previous year. Decoding fashion.
They include Singaporean bed sheet brand Heavenluxe and ergonomic chair brand Ergotune. Below are some of the key takeaways from our recent conversation with Johnston about the major trends he’s seeing in the e-commerce space and what Una Brands’ acquisition pipeline looks like. Actually, we haven’t really seen that.
billion market in 2021 , nor that it is forecast to continue to grow at 6% over the next seven years. Shoppers are also returning in their droves to brick and mortar shopping – PWCs’ 2021 Global Consumer Insights Pulse Survey found that almost half the respondents now visit physical retail stores, with 75% planning to do so.
This pop-up is part of a series of immersive global events from New York to Hong Kong, and beyond,” Kathryn Taylor, senior marketing manager for Jebsen Wines and Spirits, told Inside Retail. Mannie Ma, brandmanager for Courvoisier reiterated the importance of the Hong Kong market to the cognac brand.
Brandmanagement company WHP Global (New York) will spend a total of $260 million to acquire a 7.4 The brandmanager will also spend $25 million to acquire 5.4 In March of 2021, WHP Global acquired a controlling interest in TruKids, the parent company of Toys “R” Us. Columbus, Ohio).
With travel limited, our team interactions digitized, and our homes transformed to offices, the 6 th annual #WeAreCisco #LoveWhereYouWork employee photo contest was even more challenging in 2021. Each of those phases allowed me to grow in my time management skills and independence, but also in my roles. Join our global teams.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events. 28th September 2021 – January 2022. Queen The Greatest – 57 Carnaby Street, London, W1.
“Our customers’ response to the Simple Truth Recycling Program is a testament to its real impact and the growing consumer demand for more responsible packaging and easy recycling options,” said Ben Melillo, Kroger’s senior brandmanager.
explains Melody Morton on the synergy between the brands. Lazy Oaf BrandManager, Emma Shephard shared a similar sentiment: “ Collaboration is a big part of Lazy Oaf’s brand ethos; we couldn’t be happier to be partnering on this exclusive collection with Lush.
The retailer is currently 90% owned by brandmanagement firm GBG USA through a joint venture with Combs, who sold the majority stake in 2016. GBG has been seeking buyers for Sean John since May 2021. The holding company itself filed for bankruptcy protection in July 2021 after divesting several other brands.
According to Volley’s partnership manager Renee Jaeger, the NGA approached the brand after seeing Volley’s Wear it with Pride campaign. Volley’s content and marketing manager Anna Geason told Inside Retail that the best collaborations happen when there is an authentic connection between partner brands.
She is our in-store product marketing manager extraordinaire, and she’ll do some more formal intros and take over. And also, there’s Bruce Nagle, VP of Market Development and former founder of RW3, a second retail execution platform acquired by Wiser in 2021. So again, thank you so much. So, thank you all so much.
As such, we continue to carefully manage all aspects of our business, including stringent controls on expenses, working capital and capital expenditures for the remainder of 2021.”. And last month, Samsonite sold its Speck business for $36 million.
Forest of Hope has bagged themselves the coveted ‘new food product of the year’ award at the annual Food Matters awards 2021 for their fairtrade, milk chocolate surprise egg. Tara Stevens, BrandManager of Forest of Hope, said: ‘ Being awarded new food product of the year at such prestigious awards is a real honour.
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