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Authentic Brands Group plans to let "Reebok be Reebok" after acquiring the sneaker brand from Adidas on March 1, ABG founder and CEO Jamie Salter told Axios' Richard Collings during Thursday's Axios Pro kickoff event.. What he's saying: "We're going to focus very big on the classic entertainment fashion side and the other 50% on …Nov 21, 2023 · Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ... Axios Pro: Retail Deals. Jan 8, 2024. Illustration: Megan Robinson/Axios. WTHN, a wellness startup that offers products based on traditional Chinese medicine, raised a $5 million Series A financing led by L Catterton. Why it matters: U.S. consumers spend $450 billion on wellness products and services each year, per McKinsey.The big picture: "While we have a consumer business that’s $434B in 2022, the vast majority of total market segment share in global retail still resides in physical stores (roughly 80%)," he said. The bottom line: "Grocery is a big growth opportunity for Amazon," Jassy said. Go deeper: For additional insights from the letter, including ...

Richard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1yThe big picture: Roark — named after the protagonist in Ayn Rand's "The Fountainhead" — is an Atlanta-based private equity firm founded in 2001 by Neal Aronson after he sold a hotel franchisor to the Pritzker family for $100 million. Today it has $37 billion in assets under management, and specializes in "asset light" turnaround situations ...Feb 20, 2024. Photo: Gary Hershorn/Getty Images. Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders.Apr 29, 2024. Illustration: Sarah Grillo/Axios. The Federal Trade Commission showed its commitment to evolving the law on mergers when it came out against Tapestry's acquisition of Capri Holdings, experts tell Axios. Why it matters: Changing how the courts think about antitrust is a yearslong process and involves taking on harder-to-argue cases.Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned …

Mar 14, 2023 ... Axios. Fetch scales backBy Richard Collings. The Business Journals. Madison tech firm Fetch cuts 100 employees, including 16 in WisconsinBy ...As a fashion-forward woman, it’s important to stay up-to-date on the latest trends in apparel. Anthony Richards offers a wide selection of stylish and affordable clothing that will... ….

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Richard Collings, author of . Axios Pro: Retail Deals. Apr 18, 2024. Share on facebook (opens in new window) ... Shoshana Gordon/Axios. Exit Content Preview. The Diriyah project, a $63.2 billion real estate development near Riyadh, is pursuing investment from outside Saudi Arabia, Diriyah Company president Mohamed Saad tells Axios …Jan 15, 2020 ... Richard Collings, Adweek, Retail Reporter, [email protected] ... Axios, Managing Editor, Business, 2019/10/04. 42, Sergio Stock da Silva ...As banks fail, retail bankruptcies rise. Richard Collings. , author of. Axios Pro: Retail Deals. May 1, 2023. Illustration: Sarah Grillo/Axios. As the era of free money ends, an increasing number of retailers have been pushed into bankruptcy — serving as prospective targets for bargain-hunting acquirers. Why it matters: After a relatively dry ...

Richard Collings. , author of. Axios Pro: Retail Deals. Photo: Bruce Bennett/Getty Images. Ancora Holdings is calling on the board of department store Kohl's to remove both its chair and CEO and replace them with executives with turnaround experience, the activist investor said Thursday. Why it matters: Third time's a charm?Jan 8, 2024 · Jan 8, 2024. Illustration: Sarah Grillo/Axios. Wolverine Worldwide aims to conclude a sale process for its footwear brand Sperry by the end of Q1, its CFO Michael Stornant said. Why it matters: The footwear conglomerate has been undergoing a transformation over the past year, selling brands such as Keds, its leathers business and the ... Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. The Federal Trade Commission isn't likely to decide until February on whether to challenge Kroger's proposed $25 billion tie-up with Albertsons, a source close to the FTC's thinking says. Why it matters: It looks like the grocery mega-merger is on hold for at least a while ...

twitching of lips causes Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned … robyn brown childrenskiatook urgent care Fat Brands, the parent of Fat Burger and Johnny Rockets, said it confidentially filed the registration statement for Twin Peaks and Smokey Bones.. Why it matters: The operating unit would become a standalone public company allowing Fat Brands to raise funds. Zoom in: Axios previously reported that the company planned to spin off Twin …On Tuesday, June 28, Axios Pro Retail Deals reporters Kimberly Chin and Richard Collings led conversations highlighting scoops and top stories from the second quarter in Retail deals. Guests included Meta global business group vice president Eva Press and Macellum Capital Management CEO Jonathan Duskin. Eva Press discussed new ways retailers ... blonde peekaboo The Federal Trade Commission isn't likely to decide until February on whether to challenge Kroger's proposed $25 billion tie-up with Albertsons, a source close to the FTC's thinking says.. Why it matters: It looks like the grocery mega-merger is on hold for at least a while longer. Meanwhile, the Washington state attorney general is expected to … enna vtuberhyde hall cooperstown nykroger on mendenhall Richard Collings; Happy Friday, Retail readers. Research associate Natalie Breymeyer here with your weekly digest. ... Aug 18 — Profits held up far better in Q2 than folks on Wall Street expected, Axios' Matt Phillips writes. Why it matters: Corporate America's resilient bottom line is another indication that the economy could pull off the ...Activist investor Macellum Capital Management is raising a private equity fund of between $150 million and $200 million to invest in companies owned or led by Black or other minority leaders, founder Jonathan Duskin tells Axios. popeyes newport ave Richard Collings. , author of. Axios Pro: Retail Deals. Photo: Bruce Bennett/Getty Images. Ancora Holdings is calling on the board of department store Kohl's to remove both its chair and CEO and replace them with executives with turnaround experience, the activist investor said Thursday. Why it matters: Third time's a charm? cash saver joplin mo4l60e fluid amounti 485 cover letter Southern California Edison is planning for electricity demand to rise by more than 80% by 2045, if 90% of vehicles and 95% of buildings go electric. The EV transition is charging ahead, despite hurdles, according to policy makers, company execs and investors at the BloombergNEF summit in San Francisco yesterday, writes Katie.What they're saying: "Oddity is an example of a company that utilized a short float, cornerstone investors and a long marketing period prior to the roadshow while waiting for a window that they could get out," an industry banker …