Retail | FI SENSE

myfisenseJuly 12, 2021

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 […]

myfisenseApril 16, 2021

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 […]

myfisenseMarch 31, 2021

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 […]

myfisenseFebruary 25, 2021

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 […]

myfisenseFebruary 1, 2021

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 […]

myfisenseJanuary 28, 2021

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 […]

myfisenseJanuary 22, 2021

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 […]

myfisenseJanuary 21, 2021

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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, […]

myfisenseNovember 27, 2020

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 […]

myfisenseNovember 5, 2020

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 […]

Category: Retail

Virgin Galactic, Tesla, AMC and Wells Fargo – 5 Things You Must Know Monday

China’s Luckin Coffee nets US$260M PE investment

Private equity investors pump US$315M into Firstcry

Wallapop raises US$191M for its classifieds marketplace

Britain’s ASOS buys off Arcadia brands for US$364M

Ula raises US$20m to expand its e-commerce marketplace

Mytheresa jumps 37% in stock market debut

Indian stock exchanges approve US$3.4B Reliance and Future deal

Sycamore unit to acquire Ann Taylor, Loft, others for US$540m

Ambani’s Reliance Retail raises $1.3b from PIF

El Salvador's bitcoin adoption has "immediate implications" for rating - S&P Global

No Chinese Stock Left Among Global Top 10 as Tencent Slides

Deutsche Bank’s CEO Says Sorry After Critical Analyst Report

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