Richard collings axios.

When it comes to fashion, there’s no better way to refresh your wardrobe than with Anthony Richards apparel. With a wide selection of stylish and comfortable clothing, Anthony Rich...Kroger and Albertsons beef up divestiture deal to take on FTC. Kroger and Albertsons have increased the number of store locations they are selling to C&S Wholesale under an amended divestiture package. Why it matters: The two grocers will sell 579 stores as they bolster the defense of their deal ahead of facing the FTC in court in August.Facing imminent bankruptcy, Bed Bath & Beyond has two last-gasp efforts ongoing. Driving the news: The beleaguered home goods purveyor is reported to be preparing to file for bankruptcy within days, according to the Wall Street Journal. Details: The two time-sensitive efforts include a plan to raise $300 million by selling shares and a …Richard Collings, author of . Axios Pro: Retail Deals; Share on facebook (opens in new window) Share on twitter (opens in new window) ... Luxury retailer Saks …

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 ...Aug 8, 2022 ... Spence Mehl Quoted in Axios Article on the Current Retail Market with Richard Collings. August 8th, 2022. Spence Mehl Featured in Wealth ...

Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin.Consumer products company Monolith secured $230 million in financing for acquisitions, including its 12th acquisition that closed Tuesday night, co-CEO Jonathan Shifke tells Axios.. Why it's the BFD: Buyers that can line up the financing will be shopping as discounted valuations and consumer brands facing rising customer acquisition costs …

Toys R Us creditors' lawsuit proceeds. Richard Collings. , author of. Axios Pro: Retail Deals. Jun 29, 2022. Photo: Tim Boyle/Getty Images. U.S. bankruptcy judge Keith Phillips gave a lawsuit brought by Toys R Us creditors against the company's former executives tied to the toy retailer's 2017 bankruptcy the green light to go to trial.Jul 27, 2022. Photo: Stephane Cardinale - Corbis/Corbis via Getty Images. Valentino Fashion Group approached Giorgio Armani about buying the Italian luxury rival and the two companies have entered into early-stage discussions, Mergermarket reports. Why it's the BFD: A combination of the two fashion houses would set the foundation for a luxury ...Illustration: Sarah Grillo/Axios. Branch Furniture, an online seller of office furniture to individuals and businesses, raised a $10 million Series A led by Springdale Ventures. Why it matters: Office reopenings and home workspace refreshes may be lifting up the industry. Context: Office furniture sales are expected to grow from about $54 ...Oct 11, 2023. Illustration: Aïda Amer/Axios. Liberation Labs, a New York City-based provider of precision fermentation, is lining up as much as $75 million in financing, which includes a Series A round, CEO Mark Warner tells Axios exclusively. Why it matters: The startup is betting a known technology can be scaled to produce animal-free food ...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.

Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.

Vuori charges ahead on store expansion. Richard Collings. , author of. Axios Pro: Retail Deals. Aug 24, 2022. Illustration: Gabriella Turrisi/Axios. Vuori is proceeding with its ambitious store expansion and hiring efforts this year despite choppy economic waters, founder and CEO Joe Kudla tells Axios. Why it matters: Consumers …

By the numbers: This year, Unleashed will generate system-wide sales of approximately $740 million, revenue of about $160 million, and EBITDA of around $70 million, Browning said. Valuation multiples for similar asset-light businesses range between the high teens and low 20s, he said. Unleashed's CAGR is between 20% and 25%, he …Driving the news: Coca-Cola was recently reported by Bloomberg to be preparing its African operations for an IPO as early as next year at an $8 billion valuation. Yes, but: A sale is also on the table, with timing yet to be determined, says the source close to the company. An IPO of the African bottling business will be difficult to pull off ...Illustration: Brendan Lynch/Axios. The Federal Trade Commission sued today to block Tapestry's $8.5 billion acquisition of Michael Kors' parent Capri Holdings. Why it matters: The move by the regulator underscores just how tough its chair Lina Khan continues to be on industry consolidation. Catch up quick: Tapestry owns Coach, Kate Spade and ...Jan 17, 2024. Illustration: Aïda Amer/Axios. Hotworx, formerly Planet Beach Franchising, is working with investment bank Houlihan Lokey as it weighs a capital raise, its CEO Stephen Smith tells Axios exclusively. Why it matters: Asset-light franchise models have become increasingly popular through the pandemic because they boost profit margins ...By the numbers: PE invested $91 million in consumer cyclicals and just over $1 billion in consumer non-cyclicals in the U.S. in Q1, nearly $1.1 billion overall. That's below even last year, when PE invested $315 million in consumer cyclicals and nearly $1.4 billion in consumer non-cyclicals, to total nearly $1.7 billion.Saudi project worth $63B seeks North American retail partners, investors. 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 exclusively. Why it matters: The company is already in talks with North American retailers like ...

Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Kenneth Rosen, partner at Lowenstein Sandler, tells Axios. By the numbers: Private equity activity in consumer retail totaled about $13.7 billion during the first three quarters of 2021, ... Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek. 1y. 🚨 #BREAKING: Axios, my happy place, has agreed to sell to Cox Enterprises: — Cash deal values Axios at $525M — Cox will put new money into company to grow biz — …Kohl's provides updates on proxy contest, potential bidders. Kohl's issued two releases today: one on the acquisition interest it has received, the other on proxy voting information (together with a shareholder letter) ahead of its showdown with Macellum Advisors. Why it matters: The battle between a nationwide retailer and an activist …Mar 5, 2024. Photo: Justin Sullivan/Getty Images. There's a strong case for Macy's to launch a formal sale process while there's still something left to be sold. Why it matters: Its latest reinvention tour is a rehash of old hits: smaller store footprints, more of a focus on luxury, digital integration, and more store closings.

Chord puts data at the core of its commerce platform. Richard Collings. , author of. Axios Pro: Retail Deals. May 30, 2023. Illustration: Rebecca Zisser/Axios. Chord has developed a commerce infrastructure platform-as-a-service (PaaS) for DTC brands too small to support large expensive tech teams, CEO Bryan Mahoney tells Axios.Mar 6, 2023 ... 1135 Boyd Street Seller: Boyd Street, LLC, 537 Live Oak Lane, Weston, FL Buyer: John Collings, 537 Live Oak Lane, Weston, FL Property: built ...

Jul 22, 2018 ... ... axios 0.18.0 cubic-bezier 0.1.2 front-matter ... Richard Gibson <[email protected]> ... Collings Sundeep Malladi Sunil Pai Travis Arnold ...Jun 7, 2022. Illustration: Aïda Amer/Axios. Kohl's (NYSE: KSS) entered into exclusive negotiations with Franchise Group (Nasdaq: FRG) and its finance partners for a three-week period, the company said Monday. The talks are tied to the bidder's $60 per share final proposal. Why it matters: The long-running auction is approaching its end game.ISS backs two activist candidates on Kohl's proxy fight. Richard Collings. , author of. Axios Pro: Retail Deals. Apr 29, 2022. Photo: Bruce Bennett/Getty Images. Institutional Shareholder Services is advising Kohl's shareholders to vote for two activist investor director candidates at the retailer's annual shareholder meeting on May 11. Why …The right of David Andrew Thomas Collings to be identified as Author of this work has been ... Richard Walshaw and Eric Condliffe on the probe/SEM, particularly ...Macy's has received an $5.8 billion take-private offer from an investor group that includes Arkhouse Management and Brigade Capital Management, according to the WSJ and other outlets.. The big ...Feb 16, 2024. Illustration: Natalie Peeples/Axios. Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years.

Consumer products company Monolith secured $230 million in financing for acquisitions, including its 12th acquisition that closed Tuesday night, co-CEO Jonathan Shifke tells Axios.. Why it's the BFD: Buyers that can line up the financing will be shopping as discounted valuations and consumer brands facing rising customer acquisition costs …

Mar 5, 2024. Photo: Justin Sullivan/Getty Images. There's a strong case for Macy's to launch a formal sale process while there's still something left to be sold. Why it matters: Its latest reinvention tour is a rehash of old hits: smaller store footprints, more of a focus on luxury, digital integration, and more store closings.

1 big thing: M&A dominates ICR chatter. Illustration: Sarah Grillo/Axios. Day 1 of the ICR Conference 2023 in Orlando included holiday sales presentations and breakouts aplenty, but M&A chatter dominated, Richard writes. Why it matters: With the IPO market effectively closed, retail M&A activity will be key to the deal-making universe …Richard Collings, author of . Axios Pro: Retail Deals. Nov 6, 2023. Share on facebook (opens in new window) Share on twitter (opens in new window) ... co-founder Lundyn Carter tells Axios exclusively. Although Laine London was no longer pre-seed, it also knew it wasn't ready to raise a Series A, Carter explains of the loan. ...Distressed retail watchlist. Richard Collings. , author of. Axios Pro: Retail Deals. Dec 19, 2022. Illustration: Gabriella Turrisi/Axios. The most scrutinized retailers are rated either CCC+ (S&P and Fitch) or Caa1 (Moody's) and below. State of play: Moody's assigned Caa1 ratings to home goods retailers At Home and Bob's Discount Furniture ...A federal judge has set the date for the Federal Trade Commission's antitrust case against Amazon for October 2026.. Why it matters: The outcome of the regulator's lawsuit will have wide-ranging reverberations throughout the tech world and M&A. Details: The FTC asked U.S. District Judge John Chun in Seattle for the parties to trial ready by … Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek. Recess has hired Stifel Financial to raise $25 million, CEO Ben Witte tells Axios exclusively.. Why it matters: The sparkling beverage maker intends to become the Red Bull of the relaxation category. By the numbers: Recess' sales were in the $10 million to $20 million range and expected to more than double last year, Witte said last August. …Richard Barile was George Jung’s California connection; Jung used Barile in his cocaine smuggling operation with Carlos Lehder and the Colombian cartel. The plan was to smuggle coc...Photo: Courtesy of Martie. Martie, a startup selling overstock of shelf-stable food products online, is raising a $3 million to $4 million extension, CEO Louise Fritjofsson tells Axios exclusively. Why it matters: The company aims to save products from landfill and sell discounted healthier food so it can be accessed by lower-income families.Jan 20, 2023 · ICR takeaway: It's a strategic buyers' market. Richard Collings. , author of. Axios Pro: Retail Deals. Jan 20, 2023. Illustration: Annelise Capossela/Axios. Strategic buyers dominated conversations as ICR's annual gathering in Orlando wound down last week. Why it matters: After having several months to adjust to the reality of lower multiples ...

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.Oct 25, 2020 ... ... Richard Dean. BP101177 - Gaglioti, Tonino ... Axios Services (Aust) Pty Ltd. 6 Mcdonald ... Collings, John Gordon. 3a Sue Ellen Pl, BALCATTA WA.Aug 24, 2023. Illustration: Brendan Lynch/Axios. Shein and Sparc Group struck a strategic partnership, with Shein acquiring a one-third interest in the retail operator and Sparc becoming a minority shareholder in Shein. Why it matters: The deal brings together two of the most important players in retail. Details: Shein will offer what it calls ...Instagram:https://instagram. graham auction hibidglory's bakeryacme weekly ad parmainner thigh small lump Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin. what does k y s meanbruce hornsby setlist Kohl's provides updates on proxy contest, potential bidders. Kohl's issued two releases today: one on the acquisition interest it has received, the other on proxy voting information (together with a shareholder letter) ahead of its showdown with Macellum Advisors. Why it matters: The battle between a nationwide retailer and an activist … chase roth ira 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 …Axios Pro: Retail Deals. July 26, 2022 Axios Pro Exclusive Content. Richard Collings; Good morning, Retail readers! Situational awareness: Shopify is laying off around 1,000 workers, or 10% of its global workforce, according to an internal memo — a dark cloud for big bets made on e-commerce during the pandemic.