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Vitamin Shoppe’s total net sales in the first quarter increased 10.3% to $307.8 million compared to $279.1 million in the same period of the prior year.
Stuart Weitzman previously operated as a division of The Jones Group, which was acquired by Sycamore Partners on April 8.
DSW Inc. will purchase for cash approximately 44% interest in Town Shoes, the largest footwear and accessories retailer in Canada, for CAD $68 million.
Women’s apparel seller Coldwater Creek filed for Chapter 11 bankruptcy protection on April 11, and plans to liquidate in May.
IBM has announced a definitive agreement to acquire cloud-based personalization software provider Silverpop. Financial terms of the deal were not disclosed.
Sycamore Partners has completed its acquisition of The Jones Group Inc. The transaction is valued at approximately $2.2 billion.
The transaction is subject to customary regulatory clearances and is expected to close in the second half of 2014.
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.
AlixPartners has been chosen to lead the integration of Jos. A. Bank into The Men’s Wearhouse.
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.
by Niko Lutkins
Posted 1 day ago
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