In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
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In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of $105 million. It’s a win/win for both companies.
Christian Lacroix, Kapital, Laura Ashley, Stella McCartney, True Religion, Urban Skin RX, Vera Wang, and Vince have new owners. JCPenney has merged with SPARC Group.
Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions to its business and corporate culture.