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Barneys Plans Comeback with Neiman-Saks Partnership

Barneys New York, a beloved department store in New York City that faced bankruptcy in 2019, is making a comeback with a partnership between Neiman Marcus and Saks Fifth Avenue. The iconic store, known...
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Breaking News: Hi-Tech Apparel Acquires UK’s Unmade

Global garment manufacturer Hi-Tech Apparel has acquired a majority stake in the UK software company Unmade to further expand its reach in the industry. Unmade is known for its innovative technology that allows sportswear...
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Luxury Retail Giant Created with $2.65 Billion Saks-Neiman Marcus Acquisition

The luxury retail market is about to see a major shakeup with the $2.65 billion acquisition of Neiman Marcus by the parent company of Saks Fifth Avenue. This deal, which signals a commitment to...
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Paramount and Skydance Merger: A New Chapter for Media Company

Paramount Global has entered a new era with the approval of the merger with Skydance Media, led by tech scion David Ellison. This deal, valued at $8.4 billion, marks a significant shift in the...
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Acquisition of Naomi Watts’ Stripes Beauty by L Catterton

Actress Naomi Watts' beauty brand Stripes Beauty has recently been acquired by L Catterton, an investment firm backed by LVMH. The terms of the deal have not been disclosed. Stripes Beauty, founded by Watts...
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THG Announces Sale of Coggles and Frasers Link-Up, Beauty Momentum Continues

Frasers Group and THG recently confirmed the sale of THG's online Coggles operation to Frasers Group. This move comes after Frasers took on Matches, realizing it needed more resources to turn it around. The...
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