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M&A and Financial ARCHIVE

Coldwater Creek Files Chapter 11, Plans to Liquidate  Apr 11, 2014 3:53 PM By Tim Parry

Women’s apparel seller Coldwater Creek filed for Chapter 11 bankruptcy protection on April 11, and plans to liquidate in May.

IBM To Acquire Silverpop  Apr 11, 2014 12:20 PM By Tim Parry

IBM has announced a definitive agreement to acquire cloud-based personalization software provider Silverpop. Financial terms of the deal were not disclosed.

Sycamore Partners Completes Acquisition of The Jones Group  Apr 09, 2014 10:33 AM By Tim Parry

Sycamore Partners has completed its acquisition of The Jones Group Inc. The transaction is valued at approximately $2.2 billion.

Quad/Graphics to Acquire Brown Printing for $100 Million  Apr 08, 2014 4:07 PM By Tim Parry

The transaction is subject to customary regulatory clearances and is expected to close in the second half of 2014.

Neiman Marcus Merging Stores and Online  Apr 02, 2014 1:25 PM By Tim Parry

Neiman Marcus Group, Inc. announced a series of organizational changes Wednesday. The merchant will merge the merchandising and planning organization for Neiman Marcus Stores and Neiman Marcus Online into a single team operating under the Neiman Marcus brand.

Men’s Wearhouse Hires Advisory Firm for Jos. A. Bank Integration  Mar 31, 2014 12:59 PM By Tim Parry

AlixPartners has been chosen to lead the integration of Jos. A. Bank into The Men’s Wearhouse.

Spreadshirt’s Revenue and Orders Grow Globally  Mar 25, 2014 3:44 PM By MCM Staff

Spreadshirt’s increases can be attributed to platform developments, like the touch-optimized t-shirt designer, and other features which were part of a 2m Euro platform investment.

Winter Weather to Blame for FedEx Third Quarter Earnings  Mar 20, 2014 4:38 PM By Erin Lynch

FedEx said this week that its third quarter earnings took a direct hit thanks, in most part, to severe weather during the holiday shopping season.

Destination XL’s 4Q Ecommerce Sales Rise 6.1%  Mar 14, 2014 11:24 AM By Tim Parry

But Destination XL’s overall sales were down for the fourth quarter. Total sales were $108.5 million compared with $114.9 million in the fourth quarter of fiscal 2012.

Men’s Wearhouse To Acquire Jos. A. Bank for $1.8 Billion  Mar 11, 2014 12:28 PM By MCM Staff

Men’s Wearhouse and Jos. A. Bank announced that the merchants have entered into a definitive agreement in which Men’s Wearhouse will acquire all of the outstanding shares of common stock of Jos. A. Bank for $1.8 billion. Together, Men’s Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.






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