South Korean tech firm Naver Corp said on Tuesday it agreed to a $1.6 billion deal to buy fashion resale platform Poshmark Inc. as a strategic investment …
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Acquires
L’Oréal Acquires Skinbetter Science | BoF
L’Oréal said it would acquire Skinbetter Science, a Phoenix, Arizona-based skincare startup that distributes its line through dermatologists and aesthetic surgeons. The brand, which was …
Frasers Group Acquires Fast Fashion Retailer I Saw It First
British businessman Mike Ashley’s fashion group announced it had acquired the womenswear brand for an undisclosed sum in a regulatory filing Thursday. The acquisition of …
Trade Show Company Acquires Bulletin, an Online Wholesale Marketplace
Emerald Holding, a company that hosts business-to-business events, has purchased Bulletin to be part of its retail trade show entity, NY Now, the companies announced …
Johnny Depp Dramas Increases Sales of Dior’s Sauvage, Herve Leger’s New Collaboration, and G-III Acquires Karl Lagerfeld
Image courtesy of yahoo.com Hollywood power stylist Law Roach has created a resort capsule collaboration with Herve Leger. This lilac and neutral-toned, 25-piece collection seeks …
Mike Ashley Acquires Missguided in £20 Million Rescue Deal
British sporting goods billionaire Mike Ashley swooped on another failing retailer, snapping up online brand Missguided after it entered UK insolvency proceedings. Ashley’s Frasers Group …
Calida Group Acquires Lingerie Brand Cosabella
The Swiss intimates company, which also owns German brands Aubade and On My Skin, acquired the American lingerie label for $80 million, it announced Thursday, …
Wella Company Acquires Hair Care Brand Briogeo
The beauty company, which was spun off from former parent Coty last year and is now under the ownership of private equity firm KKR, acquired …
ThirdLove Acquires Gen-Z Underwear Brand Kit Undergarments
The direct-to-consumer bra startup, known for its wide assortment of sizes, will relaunch Kit Undergarments on the ThirdLove website Tuesday, the company announced Monday, Apr. …
South Korean Personal Care Giant Acquires The Crème Shop in $120 Million Deal
LG Household and Health Care will take a controlling stake of 65 percent in the beauty company for about 148.5 billion won ($120 million) with …
South African Retail Giant Mr Price Acquires Studio 88 Group
Mr Price paid 3.3 billion rand ($225.4 million) for a 70 percent stake in the sportswear retail group, which includes private label brands SideStep, John …
V&A acquires ‘autograph suit’ signed by stars at Baftas and Oscars | V&A
The costume designer Sandy Powell’s one-of-a-kind “autograph suit”, which was signed by more than 200 Hollywood celebrities and luminaries including Leonardo DiCaprio, Spike Lee and …
L’Occitane Acquires Australian Skin Care Brand Grown Alchemist
L’Occitane Group has taken a majority stake in Grown Alchemist, an Australian natural skin care brand. The terms of the deal were not disclosed. The …
Reliance Retail Acquires Lingerie and Personal Care Brand Clovia for $125 Million
Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple …
Brunello Cucinelli Acquires 43% Stake in Italian Cashmere Supplier
The Italian house best known for its cashmere knitwear paid €15.05 million for a 43 percent stake in its long-time supplier of the luxury fabric, …
Iguatemi Group Acquires Stake in Resale Platform Etiqueta Unica – Business of Fashion
Images and Article from www.businessoffashion.com. The Brazilian mall conglomerate acquired 23.08 percent of Brazil’s largest e-commerce platform for second-hand luxury goods for 27 million Brazilian …