China’s Alibaba Group Holding Ltd (BABA.N) is leading a $2.6 billion bid to privatize Intime Retail Group Co Ltd (1833.HK) in a move to digitize brick-and-mortar department stores while growth in online sales...
Coty to buy majority stake in Younique for about $600 million
Beauty products maker Coty Inc (COTY.N) said it would buy a 60 percent stake in privately held online cosmetics retailer Younique LLC for about $600 million as it reduces its dependence on its ailing fragrance business...
Gildan wins American Apparel auction with $88 million bid – source
Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for U.S. fashion retailer American Apparel LLC after raising its offer to around $88 million, a person familiar with the matter said...
Bombay Dyeing to infuse new life into retail arm
Bombay DyeingBSE 2.06 %, the textile flagship of the Wadia Group, has roped in PricewaterhouseCoopers, Microsoft, KPMG and EY to restructure its retail business and turn it profitable as early as next fiscal year. Also...
FTC seeks more info on Bass Pro-Cabela’s deal
U.S. fishing and hunting equipment retailer Cabela’s Inc (CAB.N), which is being bought by privately held rival Bass Pro Shops, said the Federal Trade Commission had sought more information from the companies...
Kate Spade exploring sale: WSJ
Handbag and accessories maker and retailer Kate Spade & Co, under pressure from an activist investor, is exploring a sale and is working with a bank to sound out possible buyers, the Wall Street Journal reported...
Albertsons in advanced talks to buy Price Chopper – sources
U.S. supermarket chain Albertsons Companies Inc is in advanced talks to acquire closely held grocery store operator Price Chopper for around $1 billion, people familiar with the matter said on Tuesday. A deal would...
Regency Centers to buy Equity One for about $4.6 billion
Grocery shopping center owner Regency Centers Corp (REG.N) said on Monday it would buy Equity One Inc (EQY.N) for about $4.6 billion, adding shopping centers in urban areas like New York and Los Angeles to its portfolio...
Future Consumer forms JV with UK wholesaler Booker Group
Mumbai: Future Consumer Ltd, the packaged consumer goods arm of Kishore Biyani’s Future Group, on Monday unveiled an equal joint venture with the UK’s largest wholesaler, Booker Group, to expand and develop the latter’s...
American Apparel re-engages with potential buyers in bankruptcy deal: source
American Apparel LLC has resumed talks with at least two potential bidders for the U.S. teen clothing retailer, after bankruptcy sale negotiations with brand licensor Authentic Brands Group LLC stalled earlier this...
Future Retail buys Heritage Foods’s retail business
Kishore Biyani-led Future Retail Ltd on Monday said it agreed to buy the retail business of Hyderabad-based Heritage Foods Ltd, promoted by the family members of Andhra Pradesh chief minister N. Chandrababu Naidu, in an...
BlackBerry in talks with Optiemus
NEW DELHI: BlackBerry is in advanced talks with India’s OptiemusBSE 9.96 % Infracom to license its software, services, and brand for producing smartphones for the local market, people aware of the development said. The...
