HanesBrands said on Wednesday it would sell its sportswear brand Champion to Authentic Brands Group in a deal valued at $1.2 billion, as the company …
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Deal
MAS Signs 3-Year Deal to Buy Recycled Polyester
Sri Lankan manufacturing giant MAS Holdings has pledged to buy 4,000 tonnes of recycled polyester — enough to make roughly 10 million T-shirts — from …
Condé Nast and Union Strike Deal, Avoiding Met Gala Disruption
After months of negotiation over its first contract and proposed layoffs, the Condé Union, which represents employees of Vanity Fair, Vogue and GQ reached a …
Pellicano Strikes €200M Investment Deal, Sets Expansion Plan
Pellicano Hotels, the family-run Italian hotel group overseen by Marie-Louise Sciò and known for its impeccable style, personal service and fashionable clientele, has sold an …
Tapestry-Capri Deal to Face September Hearing
A judge set Sept. 9 as the start date for the court hearing on the US Federal Trade Commission’s bid to block Tapestry Inc.’s attempted …
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
There’s a risk that shares of Capri Holdings Ltd. decline by roughly 30 percent or more if a proposed $8.5 billion tie up with Tapestry …
Caitlin Clark Just Landed a $28 Million Deal With Nike—and Her Own Shoe
Am I about to become a sneakerhead? Because I need a pair of Caitlins. Which is what I hope Caitlin Clark calls her signature shoe. …
Traders Fear Antitrust Risk in $8.5 Billion Deal Between Coach, Michael Kors Owners
Traders are growing increasingly sceptical that antitrust regulators will approve Tapestry Inc.’s pending $8.5 billion takeover of rival Capri Holdings Ltd. — even if Tapestry’s …
Visa, Mastercard Reach $30 Billion Deal With US Retailers
Visa Inc. and Mastercard Inc. agreed to cap credit-card swipe fees — a deal that US merchants say will save them at least $30 billion …
EU Regulators to Decide on Tapestry Deal for Michael Kors Owner by Mid-April
EU antitrust regulators will decide by April 15 whether to clear Coach parent Tapestry’s $8.5 billion acquisition of Michael Kors owner Capri Holdings, according to …
Carlyle Launches Sale of Japanese Cosmetics Supplier Tokiwa in $800 Million Deal, Sources Say
Private equity firm Carlyle Group has begun the sale process of Japanese cosmetics supplier Tokiwa Corp in a deal that could value the company at …
Tod’s Group to Go Private in Deal with L Catterton
Tod’s has announced plans to go private in a deal with private equity firm L Catterton that would see the Italian luxury group delist from …
Coty Signs Licensing Deal With Marni
The agreement, which will run beyond 2040, will see Coty develop, produce and distribute beauty products on behalf of Marni. The first items under the …
TikTok Completes Deal for Indonesia’s Top E-Commerce Platform
TikTok has completed its deal to take control of Indonesia’s biggest e-commerce platform, which has allowed the Chinese social media giant to restart for its …
Tiger Woods to Unveil ‘Next Chapter’ After Nike Deal
Tiger Woods will on Feb. 12 announce his first moves following the end of his 27-year-long Nike sponsorship deal which ended January. The American golfer, …
Eyewear Firm Safilo Ends Licensing Deal With Influencer Ferragni
Italian eyewear maker Safilo Group SpA said it ended its licensing deal with influencer Chiara Ferragni, who is mired in a controversy over charity donations. …
Breitling Buys Watchmaker Universal Genève in First Major Deal
Swiss luxury watch maker Breitling AG is making its first major acquisition, buying Universal Genève in an attempt to revive a brand that has faded …
COP28 Ends With Deal on Transition Away From Fossil Fuels
The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. …
Brazil’s Natura Sells The Body Shop to Aurelius in $254 Million Deal
Brazilian cosmetics maker Natura &Co said on Tuesday it has signed a binding agreement to sell subsidiary The Body Shop to private investor Aurelius Group …
François-Henri Pinault Nears $7 Billion Deal for CAA
French billionaire Francois-Henri Pinault is close to a $7 billion deal to buy a majority stake in Creative Artists Agency, the Hollywood talent giant that’s …