G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million. The transaction is expected to close in late 2016 or early 2017.
L’Oréal announced the aquisition of beauty makeup brand IT Cosmetics for $1.2 billion. The acquisition is an effort to answer the rising demand of makeup and hybrid skincare. See how this will benefit both brands going forward.
Multichannel Merchant for the week of 7/28/2016 Amazon Prime Air to test Drone Delivery in the UK As it continues to hit roadblocks in the U.S., Amazon has announced a … Continue Reading →
Multichannel Merchant STRATEGIES & TACTICS FOR THE B2B & B2C MERCHANT week of 7/26/2016 L'Oréal Acquires IT Cosmetics for $1.2 Billion L'Oréal announced the aquisition of beauty makeup brand IT … Continue Reading →
Font and technology specialists Monotype announced it would acquire visual marketing platform Olapic for $130 million. See what this means for for both companies and what it allows for Monotype going forward.
Multichannel Merchant The News, Commentary & Events that Shaped Commerce This Week week of 7/22/2016 UPS Reportedly Testing Saturday Delivery in Three Markets Driven by ecommerce demand and competitive pressure, … Continue Reading →
Unilever has signed an agreement to purchase Dollar Shave Club, which is worth a reported $1 billion cash. Here’s what the deal means to both parties, and why Dollar Shave Club founder and CEO Michael Dubin’s handsome-ass grandfather would be proud.
Pet Valu and Pet Supermarket have merged to create the third largest pet specialty retailer and the largest small format, neighborhood, pet specialty retailer in North America. The combined business, Pet Retail Brands, will generate approximately $1 billion in system-wide retail sales across the US and Canada.
Honeywell plans to acquire warehouse automation provider Intelligrated for $1.5 billion. See more details about this major transaction.
The Honest Kitchen’s site traffic saw a significant boost in conversion when it began using Shop Socially’s refer-a-friend app. Visitors who saw the referral campaign on the site, referred the brand to their friends. Honest Kitchen saw referral traffic convert two times higher than normal. See how The Honest Kitchen benefited in other ways from using the refer-a-friend app.