Playboy owner to acquire lingerie brand for $333M
June 29, 2021
PLBY Group, the owner of Playboy, has reached a deal to acquire the Australian lingerie brand Honey Birdette. PLBY CEO Ben Kohn said the acquisition fit with the company’s lifestyle positioning and that it would “take advantage of Honey Birdette’s superior product design, sourcing and direct-to-consumer capabilities” to grow sales.
Recent News
Uber and Lyft Strikes in Metro Atlanta
Uber and Lyft rideshare and delivery drivers in the sprawling metro Atlanta area came together in solidarity with their counterparts nationwide for a significant cause on May 1.
Johnson & Johnson Announces Plan To Resolve All Current and Future Ovarian Cancer Talc Claims
The settlement is worth $6.48 billion.
Some Americans Will Get a Rare Extra Social Security Check This Month
Some Americans may get a rare extra social security check on the last day of May, though it doesn’t mean they will receive extra money.
Krispy Kreme Expands Into Germany
Krispy Kreme is set to extend its sweet reach to Germany through a recent agreement with ISH Kreme, marking its largest franchisee collaboration yet.