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A decision has been finalized

Multiple retail business unions, purchases, and alliances finalized at year's end and continued into the new year.

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Transaction finalized successfully
Transaction finalized successfully
  1. Ascena Retail Group Sells Ann Taylor, Loft, Lou & Grey, and Lane Bryant Brands to Sycamore Partners for $540 Million

A decision has been finalized

Ascena Retail Group has announced the sale of its Ann Taylor, Loft, Lou & Grey, and Lane Bryant brands to private equity firm Sycamore Partners for $540 million. The deal marks a significant shift in the retail landscape, as Sycamore Partners looks to revitalise these iconic brands.

  1. Kim Kardashian West and Coty Partnership to Enter New Beauty Categories, Including Skincare Line in Fiscal Year 2022

Reality TV star Kim Kardashian West and cosmetics giant Coty have announced a new partnership that will see the launch of Kardashian West's skincare line in fiscal year 2022. The partnership will also expand globally, offering beauty products to a wider audience.

  1. MyTheresa Files Proposal for Initial Public Offering (IPO)

MyTheresa, a global luxury e-commerce site, has filed a proposal with the U.S. Securities and Exchange Commission to go public. The company did not disclose any specific number of shares or price range for the IPO.

  1. Home Depot Acquires HD Supply to Prevent Lowe's Takeover

Home Depot has announced the acquisition of HD Supply, a national distributor of maintenance, repair, and operations products, for $8 billion. The acquisition may have been a strategic move by Home Depot to prevent HD Supply from being acquired by Lowe's, which reportedly showed interest.

  1. Supreme Becomes Wholly Owned Subsidiary of VF Corporation

Cult-favorite streetwear label Supreme has been acquired by VF Corporation in a $2.1 billion deal. The acquisition makes Supreme a wholly owned subsidiary of VF Corporation.

  1. Simon Property Group Acquires 80% Stake in Taubman for $3.4 Billion

Simon Property Group has acquired an 80% stake in Taubman for $3.4 billion. The acquisition of Taubman by Simon Property Group has cemented a tie-up that many real estate observers had predicted for years.

  1. LVMH Moeet Hennessy Louis Vuitton and Tiffany & Co. Merger to Close on Thursday

The long-awaited merger between LVMH Moeet Hennessy Louis Vuitton and Tiffany & Co. is expected to close on Thursday. The merger, worth $15.8 billion, was initially approved over a year ago.

  1. FedEx Acquires Shoprunner, Offering Merchants Streamlined Shopping Experience

FedEx has completed the acquisition of Shoprunner, and Shoprunner is now a subsidiary of FedEx Services. The acquisition aims to allow merchants to find online customers and provide them with a streamlined shopping experience using ShopRunner's pre-purchase offerings and FedEx's logistics intelligence.

  1. Sycamore Partners Commits to Retaining Significant Portion of Retail Stores, Associates, and Corporate Operations

Sycamore Partners, the new owners of Ann Taylor, Loft, Lou & Grey, and Lane Bryant brands, have committed to retaining a substantial portion of the retail stores, associates, and corporate operations affiliated with these brands.

  1. MyTheresa Remains Point of Contention in Neiman Marcus' Operations

MyTheresa, a point of contention for debtors and other parties with interest in Neiman Marcus' operations, has not yet disclosed any specific number of shares or price range for its IPO.

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