By Adnkronos Translated by Nicola Mira Published Aug 26, 2024 Swiss footwear and fashion label Bally has been acquired by Californian investment firm Regent LP. The sale was announced by the Beverly Hills-based firm and by Bally’s former owner, Jab Holding, a company that belongs to billionaire German family Reimann. The value of the transaction [...]read moreBally acquired by US investment firm Regent LP
By Reuters Published Aug 5, 2024 French cosmetics company L’Oreal is to acquire a 10% stake in Swiss skin care firm Galderma, the two companies said on Monday. Reuters “L’Oreal today announces the acquisition of a 10% stake in Galderma Group AG from Sunshine SwissCo AG (a consortium led by EQT), Abu Dhabi Investment Authority [...]read moreL’Oreal to acquire 10% stake in Swiss skin care firm Galderma
By Reuters Published Jul 16, 2024 Shoppers are likely to spend roughly $14 billion during Amazon‘s Prime Day two-day shopping event this week, according to projections from Adobe Analytics, a firm that studies e-commerce transaction data. Reuters Spending at Amazon on Tuesday and Wednesday could rise 10.5% from Prime Day 2023, Adobe said. The online [...]read moreAmazon Prime Day sales to hit record $14 billion, data firm says
The David Beckham business empire continues to expand with news that the star footballer-turned-entrepreneur has invested in stock exchange-listed health sciences company Prenetics. Danny Yeung and David Beckham He’s become a “strategic investor” in the American business and he and the company will “become co-founding partners of a new health and wellness brand, IM8, which [...]read moreDavid Beckham invests in wellness firm Prenetics, will launch IM8 brand
Japanese sizing tech specialist Makip has a new UK-based client with Komodo Fashion having signed up to its specialist solution after looking at a number of different tech offers previously. Komodo Having started as a wholesaler and later moving into direct e-commerce (now accounting for 40% of its sales), the company has seen the problems [...]read moreKomodo signs up to Makip sizing solution as tech firm adds to UK team
By Reuters Published May 31, 2024 Birkenstock raised its annual revenue and core profit forecasts on Thursday, betting on full-price selling and strong demand for its cork-based sandals and newer closed-toe styles mainly at its own stores, sending its shares up 14.3%. Reuters Most wholesale retailers are still stocking up on popular Birkenstock products despite [...]read moreBirkenstock boosts annual forecasts on full-price selling, firm demand
Atlas VMS, the appraisal and valuation company led by Erik Morin, announced this week the appointment of Joe Pravettone as chief appraiser. The company describes the hire as a “significant addition” to its leadership team. Pravettone began his valuation career roughly 25 years ago, starting as an independent fee appraiser and ultimately working for both [...]read moreAppraisal firm Atlas VMS hires former AAG chief appraiser
Portside Real Estate Group, led by Dava Davin, has acquired Lakepoint Real Estate, led by industry veteran Dan McCarron, the company announced on Wednesday. It is the second company that Portside has acquired. In 2018, the brokerage onboarded RE/MAX Heritage in Yarmouth, Maine, led by Mike Lepage. As a result, Davin’s brokerage boasts 165 agents [...]read moreTop indie firm Portside acquires another brokerage in Central Maine
Seasalt has filed its accounts for the year to the end of January 2023 and they showed turnover rising but some profit measures falling as investment and one-costs hit the figures. Seasalt The Cornish lifestyle company’s turnover rose from £96.4 million to just short of £119 million this time with gross profit up to £60.7 [...]read moreSeasalt sales rise as firm stays on growth trajectory
As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign (which now prefers to go by Docusign, with a lowercase “S,” a PR rep from the company tells me) announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments [...]read moreDocuSign acquires AI-powered contract management firm Lexion