For the 11 publicly traded business-to-consumer merchants tracked by Multichannel Merchant, fourth-quarter results were mixed. Sales rose for all but two of the companies. But five of the 11 suffered bottom-line erosion.
Eighteen months ago, an investor group led by Texas Pacific Group and Warburg Pincus took luxury goods merchant Neiman Marcus Group private in a $5.1 billion deal. Now rumors are circulating that the luxury merchant may be preparing to file for an initial public offering
Who says Friday the 13th is unlucky? Officials for Seattle-based sportswear manufacturer/marketer Cutter & Buck announced on April 13 that the company has agreed to be acquired by Stockholm-based New Wave Group