Macy's and (now Sequential Brand Group's) Martha Stewart make up with a renewal of their 10-year partnership. Macy's is the exclusive retailer for the Martha Stewart Collection brand that covers over 1,000 SKUs. The partners were previously embroiled in a 5-year legal dispute after JCPenney made a deal for Martha-branded bed, bath and kitchen products as its exclusive deal with … [Read more...] about M&A and Legal
Mergers & Acquisitions
Google, YT & Microsoft MVPs Amongst Tech Brands
The title of most powerful tech brand worldwide goes to Google for the first time in six years, according to Brand Finance, which ranks brands based on its own index. The previous No. 1 spot was occupied by Apple, but the brand valuation firm has firmly devalued the giant by $38.7 billion as optimism around Apple's ability to innovate and sustain revenue growth wane. Overall, … [Read more...] about Google, YT & Microsoft MVPs Amongst Tech Brands
M&A & Marketing
Disney looks to raise its ownership stake in Disneyland Paris to 85.7% after cutting a deal to buy the interest held by another Euro Disney investor, Kingdom Holding Co. The company plans to buy out remaining shares and invest up to $1.6 billion in the park to improve conditions, which has been struggling with attendance figures following the Nov. 2015 terrorist attacks in … [Read more...] about M&A & Marketing
M&A & Marketing
Disney looks to raise its ownership stake in Disneyland Paris to 85.7% after cutting a deal to buy the interest held by another Euro Disney investor, Kingdom Holding Co. The company plans to buy out remaining shares and invest up to $1.6 billion in the park to improve conditions, which has been struggling with attendance figures following the Nov. 2015 terrorist attacks in … [Read more...] about M&A & Marketing
Mergers & Acquisitions
Nine West Holdings enters into a definitive agreement to acquire women’s sportswear firm Kasper Group following its sale of the Easy Spirit wholesale business; the transaction is expected to close this month. Funko buys London-based manufacturer and distributor Underground Toys. Studio 100 acquires a 68% majority stake in m4e; the new group will bolster each company's … [Read more...] about Mergers & Acquisitions
M&A And Lawsuits
Jet.com, which was acquired by Walmart for $3.3 billion in September, buys out apparel and accessories site Shoebuy.com for $70 million from IAC. The e-tailer is a direct competitor of Amazon.The United Kingdom Competition & Markets Authority (CMA) approves VTech's acquisition of educational toy firm LeapFrog, stating that the deal will not lead to competition … [Read more...] about M&A And Lawsuits
Mergers & Acquisitions
Global Brands Group purchases a majority stake in Sean John, Sean “Diddy” Combs' men’s lifestyle brand, as well as Combs’ hip-hop fashion brand Enyce. Sean John, which has annual retail sales of $450 million, operates under a completely licensed model; current licensees and an exclusive retail partnership with Macy's will be retained. Cherokee Global Brands (owner of Cherokee, … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
Hot Topic acquires certain assets of the apparel and accessories brand Her Universe from founder Ashley Eckstein and The Araca Group. The pop culture retailer will operate the brand’s ecommerce and wholesale business as a division. Her Universe will continue to be a stand-alone brand that is available at multiple retailers and on HerUniverse.com.Hasbro has boosted its games … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
The leading bidder for collegiate sports marketing agency Learfield Communications is now TPG Capital. As the majority stake owner of CAA, TPG plans to merge the two agencies if its rumored $1.2–1.3 billion bid is successful. UBM, LIMA, and Alifish—the licensing and entertainment business unit of Chinese e-commerce giant Alibaba—join forces. In addition to online licensing … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
Toys 'R' Us sells the FAO Schwarz brand to California-based toy manufacturer and distributor ThreeSixty Group. ThreeSixty will develop FAO Schwarz-branded toys and retail experiences, to launch next fall. Target partners with Alibaba to sell goods in China via the Tmall ecommerce marketplace. Viacom's Board of Directors forms a Special Committee of Independent Directors to … [Read more...] about Mergers & Acquisitions