Essilor agrees to buy sunglass maker Costa for USD270 million
Opthalmic lens maker Essilor announced it plan to buy sunglass company Costa for USD270 to tap the growing market of prescription sun lens.
Fashion/Clothing
China's Secondhand Luxury Shopping Industry Sees Surge in Sales!
This trend shows that Chinese people still want to be luxurious but are okay with secondhand goods.
Nike Set to Revamp MLB Uniforms by 2025 Following Player Complaints: Union Memo
Nike designed the uniforms, which made their widespread appearance this season, and Fanatics manufactured them...
Titanic Gold Pocket Watch Found on the Body of Its Wealthiest Passenger Is Up for Auction
A gold pocket watch recovered from the body of the wealthiest man aboard the Titanic is up for auction and could sell for as much as £150,000, or nearly $190,000...
Hugo Boss Is Finally Leaving Russia After the German Fashion House Agrees to Sell Russian Business to Stockmann
German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia...
FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers
The Federal Trade Commission (FTC) has taken legal action to block Tap...
FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge
The Federal Trade Commission filed a lawsuit on Monday to halt Tapestr...
Latest News
Carrefour plans to buy a portfolio of Klepierre malls
French retailer Carrefour SA said it is in talks to buy a portfolio of malls owned by real estate investment company Klepierre.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Advantage Rent a Car to seek bankruptcy protection
Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities.
Jos A Bank Clothiers speaks up for the rejection of due diligence request
After the denial of its request for partial due diligence, Jos A Bank Clothiers speaks up and to the Men's Wearhouse board.
Brentwood Associates affiliate acquires Allen Edmonds Corp.
The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.
Marks and Spencer sales drop to 1.3%
The UK clothing retailer has yet released new clothing collection for women causing a drop in sales.
Lululemon suffer a drop in shares after customers complain about yoga pants
Following customer complaints on Groove and Wunder Under yoga pants, Canadian clothing company Lululemon’s shares drop to USD67.85.
Men’s Wearhouse rejects view request on books by Jos. A. Bank Clothiers
Clothing retailer Men’s Wearhouse refused the request of Jos. A. Bank Clothiers to check the former's books in lieu of the latter's buyout bid.
Brentwood Associates affiliate acquires Allen Edmonds Corp
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp.
