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Retail Industry News
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Why did Lenskart acquire Owndays—and how does the $400m deal change the game in Asia?
Indian retail giant Lenskart acquires Japanese brand Owndays in a $400M deal. Find out how this move reshapes Asia’s D2C eyewear landscape.
Platinum Equity to acquire controlling stake in apparel company Hop Lun
Platinum Equity has agreed to acquire a controlling interest in Hop Lun, a Hong Kong-based fashion lingerie and…
Walmart to build high-tech fulfillment center in McCordsville, Indiana
Walmart revealed plans to construct four new high-tech fulfillment centers, of which one will be located in McCordsville,…
PDS Limited subsidiary Poetic Brands signs licensing deal for Forever 21
PDS Limited, an Indian consumer-driven manufacturing and sourcing company, said that its UK-based subsidiary Poetic Brands has signed…
Frasers Group to acquire online women’s fashion retailer Missguided
Frasers Group plc, a British retail and intellectual property (IP) group, said that it has purchased certain IP…
Reliance Brands to take stake in Plastic Legno’s Indian toy manufacturing business
Reliance Brands Limited (RBL) has agreed to acquire a stake of 40% in the Indian toy manufacturing business…
Woolworths to acquire 80% stake in Australian online marketplace MyDeal
Woolworths Group has offered to acquire a stake of around 80% in MyDeal.com.au (MyDeal), an Australian online marketplace,…
Fiberon begins construction on new manufacturing facility in Columbia
Fiberon, an American manufacturer of outdoor living products, started construction on a new manufacturing facility in Columbia, Tennessee.…
TCS helps Duluth Trading reimagine in-store checkout experiences
Tata Consultancy Services (TCS) said that it has helped Duluth Trading Co., an American workwear and accessories company,…
Exemplis acquires e-commerce home furniture retailer Edloe Finch
Exemplis, a furniture manufacturer based in California, has acquired e-commerce home furniture retailer Edloe Finch for an undisclosed…