Category: Retail

myfisensemyfisenseJuly 12, 2021
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14min00
Stock futures trade mixed as Wall Street prepares for what is expected to be a robust earnings season; Virgin Galactic’s Richard Branson soars to the edge of space in test flight; Elon Musk will testify in a lawsuit about Tesla’s purchase in 2016 of SolarCity. 1. — Stock Futures Mixed Ahead of Earnings Season Stock […]

myfisensemyfisenseApril 16, 2021
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1min00
  Investment from current shareholders Centurium Capital and Joy Capital will help facilitate a debt restructuring and pay an SEC settlement, Luckin says. Luckin Coffee Inc. said it has secured a $260 million investment from two Chinese private-equity firms, funding that the troubled coffee chain operator said would support its debt restructuring and help pay […]

myfisensemyfisenseMarch 31, 2021
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2min00
A consortium of private equity investors – TPG, ChrysCapital and Premji  has invested around $315 million in Firstcry, valuing the omnichannel children’s retailer at around $1.9-$2.1 billion, three people with direct knowledge of the deal said. The company will look to target a public market listing in 18-24 months, they said. The deal involves a […]

myfisensemyfisenseFebruary 25, 2021
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5min00
Wallapop, a virtual marketplace based out of Barcelona, Spain that lets people resell their used items, or sell items like crafts that they make themselves, has raised $191 million at current rates, money that it will use to continue growing the infrastructure that underpins its service, so that it can expand the number of people […]

myfisensemyfisenseFebruary 1, 2021
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2min00
ASOS has bought the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of Philip Green’s collapsed Arcadia group for 364 million, the British online fashion retailer said on Monday. The deal for Arcadia’s prized brands, which will be fully funded from cash reserves, does not include its 70 stores, putting thousands of jobs […]

myfisensemyfisenseJanuary 28, 2021
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2min00
Ula announces it has raised $20 million in a seed round. Mehra and Sakti co-founded Ula in January of 2020. With Ula, they are trying to organize this sourcing and supply chain for small retailers so that there is a one-stop shop for everybody. Despite the pandemic, ULA made inroads in the Indonesian market last year and […]

myfisensemyfisenseJanuary 22, 2021
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3min00
The Munich-based company, which sells products from brands such as Alexander McQueen, Fendi and Gucci, offered 15.6 million ADS in its IPO, raising $406.8 million. Mytheresa’s shares jumped more than 37% in their U.S. market debut giving the German online luxury fashion retailer a market value of $3.08 billion. Mytheresa’s American depositary shares (ADS) opened […]

myfisensemyfisenseJanuary 21, 2021
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6min00
Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group  in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it had spoken with India’s markets regulator, […]

myfisensemyfisenseNovember 27, 2020
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1min00
Ascena Retail Group, which owns clothing brands such as Ann Taylor and Loft, said o it will be acquired by Premium Apparel LLC for $540 million on a cash-free and debt-free basis. Premium Apparel, a unit of private equity firm Sycamore Partners, has committed to retain a substantial portion of the retail stores and associates […]

myfisensemyfisenseNovember 5, 2020
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2min00
The sovereign wealth fund is investing $1.3 billion in Reliance Retail for a 2.04% equity stake in the largest retail chain in India. The investment values Reliance Retail, which was founded in 2006, at $62.4 billion, the Indian firm said. Reliance Retail, which serves more than 3.5 million customers each week (as of early this year) through […]

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