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PPR Sells Redcats Units to Nordic Capital
French luxury and sports-brand group, PPR, recently announced that its Redcats mail order unit had agreed to sell Scandinavian brands Ellos and Jotex, to Nordic Capital for $362 million. The...
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Sports Direct International plc Will Acquire UK Republic Stores
UK’s leading sports retailer, Sports Direct International plc, recently announced the acquisition of specific businesses and brands from fashion retailer, Republic Ltd, also based in the UK. Sports...
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Casabu Raises $1.4 Million Led By Ingenious Ventures
Tech Crunch recently reported that UK’s startup Casabu, raised $1.4 million in Series A funding led by a private equity division of investment and advisory group Ingenious, Ingenious Ventures. Horatio...
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European Multi-Industry Leaders is Acquired by Equistone
European Investment powerhouse, Equistone Partners Europe Limited, has taken a major stake in Breteche Insurtie Group. The investment firm has a large client portfolio and is managed by 33 of the top...
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Kering Acquires France Croco
Crocodile skin is begging to grow into a popular material in luxury brands. In 2010, LVMH Moët Hennessy Louis Vuitton gained control of Singapore’s Heng Long International Ltd, providing skins for...
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Could this be a Future Acquisition? KKR Eye French Fashion Brands.
Reuters reports that private equity firm Kohlberg Kravis Roberts & Co (KKR) is in exclusive discussions about a majority stake in fashion brands Maje, Sandro and Claudie Pierlot. The acquisition of...
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Xeneta Pioneers Recieves $1.56M in Funding
Xeneta, a price comparison service for sea freight, today announced that it has received €1.2m in institutional financing. The round was led by Stockholm based venture capital firm Creandum with...
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Fits.me Receives the Perfect Size of Series A Funding
Today, virtual fitting room Fits.me announced that it has received a Series A investment close to £5 million (roughly $7,761,275). The funding was lead by existing investor SmartCap, with new...
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The World Spends Billions to Look Beautiful. How Big is the Beauty Industry?
As a constant shopper of beauty products, I am always amazed at how beauty departments are always so crowd (leaving only elbow room in most cases). This is the case in department and specialty store....
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Heikki Haldre, Founder and Chief Executive of Fits.me Talks about Virtual...
One of the major problems of online shopping is finding the perfect fit. Over 40% of online purchases result in returns. Although many virtual fitting rooms have been established, the problem was...
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Kering Continues its Shopping Spree with the Acquisition of Pomellato
There has been lots of activity in the jewelry sector lately, not just with sales, but acquisitions! Over the last couple of months, we have reported that big players such as Conde Nast and Swatch...
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The Fine Fragrance Industry is still making a Splash. Manzanita Capital Buys...
Fine fragrance has always be lucrative part of the beauty industry. Although as reported recently, fine fragrance has seen a decline over the last couple of years and makes up about 10% of the beauty...
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Peony and Moore, the Shop Known for their Quality British Handbags and a...
Peony and Moore was first started in 2009 by Lucy and Pam. Their goal was the create quality British handbags made for the modern woman out of quality goods and at an affordable price. Peony and Moore...
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Merchantry Raises $7 Million in Series B Funding
Leading provider of online market place software, Merchantry, receives $7 million in Series B Financing. The new investment was lead by Kite Ventures and joined by Greycroft Partners and e.ventures. In...
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Hosiery and Intimates Label Provides Lifeline: Calzedonia Considers...
Earlier this week, we reported how successful the shapewear industry was doing. However, this may not be the case for many hosiery and undergarment companies, to be more specific, La Perla. It luxury...
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Foot Locker Investing Across the Pond with the Acquisition of German Athletic...
Foot Locker, Inc., the New York-based specialty athletic retailer, announced yesterday that it has signed a definitive agreement to acquire Runners Point Warenhandelsges (RPG), a specialty athletic...
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Privalia Gets an Investment of 25 million Euros
Privalia, a private sales club headquartered in Spain, has closed a new round of investment of 25 million euro ($32 million). Investors of this round included Belgian-based fund Sofina, La Caixa...
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Marks & Spencer Revamps their Clothing to Create a Best of British Capsule
Marks & Spencer has made a vow to put quality before quantity in their stores in order to revive them. They have done just that. They have released new men and women’s clothing and have added a...
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Brightpearl Racks Up $8 Million in Series B Funding
Cloud software platform, Brightpearl, recently announced raising $8 million in Series B financing co-led by seed investors Eden Ventures and Notion Capital. They plan to use the funding to invest in...
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TowerBrook Capital Snatches Up Kaporal Jeans
Over the years, denim has been a hot commodity in the apparel business and a staple piece in almost every consumer’s wardrobe. Denim is here to stay and will only get better, and investors agree....
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