Tag: sells

Fred Perry revenue, profits rise as iconic shirt sells strongly

Fred Perry (Holdings) has filed its accounts for last year and said that despite the challenges in the market, both sales and profits rose. Curry & Paxton x Fred Perry The company owns and manages the Fred Perry, Lavenham, and George Cox brands as well as operating retail stores in the UK and selected international [...]read moreFred Perry revenue, profits rise as iconic shirt sells strongly

Hugo Boss sells Russian business to wholesale partner Stockmann

By Reuters Published Aug 5, 2024 Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said on 5 August, joining the ranks of Western brands to exit the Russian market over the war in Ukraine. Reuters The German fashion company suspended its retail business in [...]read moreHugo Boss sells Russian business to wholesale partner Stockmann

Hammerson sells its stake in Bicester Village owner to L Catterton vehicle

British property giant Hammerson has sold its stake in one of the world’s most important luxury retail operators — Value Retail, which owns Bicester Village among other locations. And the buyer is a unit formed by acquisitive LVMH-back L Catterton. Bicester Village Hammerson holds around 40% of Value Retail and said Monday that it has [...]read moreHammerson sells its stake in Bicester Village owner to L Catterton vehicle

The Rocher Group sells the Flormar make-up brand

The Rocher Group, owner of the Yves Rocher beauty chain, the Dr Pierre Ricaud and Sabon cosmetics brands and Petit Bateau, has signed a promise of sale with a consortium of three Turkish investors, Esas Private Equity, Tacirler Asset Management and Credia Partners, with a view to selling them the low-cost make-up brand Flormar. Visuel [...]read moreThe Rocher Group sells the Flormar make-up brand

Home On Private Island In Palm Beach Sells For Record $150M

The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new [...]read moreHome On Private Island In Palm Beach Sells For Record $150M

British Land sells Meadowhall mall stake, values it at £743m

British Land said on Monday that it has exchanged contracts for the sale of its 50% stake in the Sheffield Meadowhall Shopping Centre to its partner Norges Bank Investment Management for £360 million. It values the property at £734m, 3% above the September 2023 book value. British Land/Meadowhall Earlier this year, there had been speculation [...]read moreBritish Land sells Meadowhall mall stake, values it at £743m

Carlo Pignatelli sells majority stake to holding company GD

Translated by Nicola Mira Published May 9, 2024 A landmark moment for Italian bridal and occasionwear label Carlo Pignatelli, which has sold a majority stake to the GD holding company. Designer Carlo Pignatelli, 80, is taking a step back but will still retain a minority stake. Born in Apulia but based in Turin, Pignatelli will [...]read moreCarlo Pignatelli sells majority stake to holding company GD

Fathom sells Dagley Insurance Subsidiary Back to Founder

The sales proceeds of $15 million will strengthen the company’s financial position and support growth initiatives, Fathom Realty parent company said Monday of its latest move to shore up finances. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new [...]read moreFathom sells Dagley Insurance Subsidiary Back to Founder

Mountain West Financial sells retail assets to ML Mortgage Corp. 

Redlands, California-based mortgage lender Mountain West Financial has struck a deal to sell its retail assets to competitor ML Mortgage Corp., one of the latest M&A transactions amid a challenging landscape for home loan originators. “We did transfer our branches and loan officers to ML Mortgage. We felt that ML was a good culture fit and would provide [...]read moreMountain West Financial sells retail assets to ML Mortgage Corp. 

Joan Didion’s Former NYC Apartment Sells For $5.4 Million

The Upper East Side apartment has sold more than a year after hitting the market. The late writer and her husband, John Gregory Dunne, bought the property in 1988. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities [...]read moreJoan Didion’s Former NYC Apartment Sells For $5.4 Million