Saks Finalises Acquisition of Neiman Marcus Group
The $2.7 billion merger counts Amazon, G-III Apparel Group and Authentic Brands Group as investors.
The fashion industry is confronting a fourth quarter that will be like no other as the ongoing pandemic keeps shoppers at home and the economy in flux. What can retailers do?
Good in-store service is vital to winning back customers and building a lasting brand.
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
Shares of the Vancouver-based fashion retailer touched a 52-week high on Thursday.
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An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Shares of the Vancouver-based retailer jumped to C$18.51 at 9:06 am in trading on alternative markets in Toronto, up from its C$16 IPO price.
Canadian women’s fashion retailer Aritzia raised C$400 million in its initial public offering, the nation’s largest IPO since October’s C$1.83 billion sale of electric utility Hydro One Ltd.
Aritzia owners lifted the number of subordinated shares being sold to 25 million from 20 million, according to Friday sale documents.
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Aritzia aims to raise about C$300 million ($232 million) from its initial public offering.
Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.
Canadian retailer Aritzia is working with banks to prepare for an initial public offering as soon as this year, according to people familiar with the matter.
"Canadian retailer Aritzia has opened 15 stores in the U.S. since 2007 -- but Americans' awareness of the brand has yet to match its retail
The $2.7 billion merger counts Amazon, G-III Apparel Group and Authentic Brands Group as investors.
The new law will give models working in the state greater protection from exploitation, harassment and AI.
French cosmetics giant L’Oréal said on Monday it had agreed to buy Gowoonsesang Cosmetics, which includes South Korean skincare brand Dr.G., from Swiss retailer Migros.
Investors representing 64% of Boohoo’s stock voted against appointing Ashley and Mike Lennon at a special meeting on Friday morning called by Ashley’s Frasers Group.
Previous pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets next year.
Sales of cheaper compounded versions must stop within 90 days. Novo’s rival shots, Ozempic and Wegovy, remain in short supply.
Building on an existing twenty-year partnership, Prada Group and the Franco-Italian eyewear conglomerate EssilorLuxottica have renewed their licensing agreement for ten years.
The “acne whisperer” for A-list Gen Z celebrities inks her biggest retail partnership yet.