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Retail Industry News
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HBC announces $2.6bn acquisition of Neiman Marcus Group to form Saks Global
In a landmark deal in the luxury retail industry, HBC, the parent company of Saks Fifth Avenue, has…
Frasers Group and THG forge multi-year partnership to enhance retail operations
In a landmark deal, Frasers Group plc (formerly Sports Direct International plc) has announced a strategic partnership with…
Landsec boosts stake in Bluewater to 66.25%, acquiring additional 17.5% for £120m
Landsec has successfully increased its ownership stake in Bluewater, one of the UK’s premier retail destinations, by acquiring…
PHOENIX rises: Transforming retail landscape through strategic acquisitions
PHOENIX, a direct-to-consumer (DTC) platform formed by WHP Global in partnership with affiliates of Simon Property Group, Brookfield…
REVOLVE buys majority stake in luxury fashion brand Alexandre Vauthier
REVOLVE Group, Inc. (NYSE: RVLV), a prominent fashion retailer for next-generation consumers, has strategically enhanced its position in…
Levi Strauss & Co. opens largest Levi’s store globally in New Delhi’s Pacific Mall
Levi Strauss & Co. (LS&Co.) has inaugurated its largest store globally at Pacific Mall, Tagore Garden, New Delhi.…
Home Depot wraps up $18.2bn acquisition of SRS Distribution
In a transformative development for the home improvement sector, The Home Dubai, the world’s largest home improvement retailer,…
FullBeauty Brands acquires Avenue Stores to expand size-inclusive apparel offerings
FullBeauty Brands, a pioneer in inclusive sizing, announced its acquisition of Avenue Stores from City Chic Collective Limited,…
Nordstrom Rack expands presence in California with new Tarzana location
Nordstrom, Inc. (NYSE: JWN), a prominent fashion retailer based in Seattle, has announced its plans to launch a…
New Balance accelerates expansion in Mumbai with second store opening at Infiniti Mall, Malad
Following its successful store debut on Linking Road earlier in May, New Balance has further solidified its presence…