Tag: Retail acquisition news

South Korea’s Naver to acquire e-commerce firm Poshmark in $1.2bn deal

businessnewstoday- October 5, 2022

Naver acquisition of Poshmark : South Korea’s largest internet company Naver is set to acquire US-based social e-commerce marketplace Poshmark in a deal worth $1.2 ... Read More

Amazon signs $1.7bn deal to acquire consumer robot company iRobot

- August 5, 2022

E-commerce giant Amazon has signed an all-cash deal worth around $1.7 billion to acquire NASDAQ-listed consumer robot company iRobot. As per the terms of the ... Read More

Marks and Spencer to acquire contract logistics provider Gist Limited

- July 23, 2022

British retailer Marks and Spencer Group has agreed to acquire Gist Limited, a contract logistics business, from Storeshield Limited, a subsidiary of The BOC Group, ... Read More

Sweden’s Essity to acquire 80% stake in leakproof apparel firm Knix Wear

- July 11, 2022

Essity, a Swedish hygiene and health company, has agreed to acquire an 80% stake in Knix Wear, a Canada-based provider of leakproof apparel for periods ... Read More

H&T Group acquires watch servicing and repair centre Swiss Time Services

- July 5, 2022

H&T Group, a British pawnbroker and a retailer of new and pre-owned jewellery and watches, has acquired Swiss Time Services, a watch servicing and repair ... Read More

Lenskart acquires majority stake in Japanese eyewear brand Owndays

- July 2, 2022

Lenskart, an Indian prescription eyewear retail chain, has reportedly acquired a majority stake in Owndays, a Japanese direct-to-customer (D2C) eyewear brand, for $400m. The deal ... Read More

Platinum Equity to acquire controlling stake in apparel company Hop Lun

- June 22, 2022

Platinum Equity has agreed to acquire a controlling interest in Hop Lun, a Hong Kong-based fashion lingerie and swimwear company, from its founder Erik Ryd. ... Read More

Frasers Group to acquire online women’s fashion retailer Missguided

- June 5, 2022

Frasers Group plc, a British retail and intellectual property (IP) group, said that it has purchased certain IP of Missguided Limited, an online women's fashion ... Read More

Woolworths to acquire 80% stake in Australian online marketplace MyDeal

- May 21, 2022

Woolworths Group has offered to acquire a stake of around 80% in MyDeal.com.au (MyDeal), an Australian online marketplace, in a deal that values 100% of ... Read More

Victoria’s Secret acquires minority stake in Frankies Bikinis for $18m

- March 28, 2022

Victoria’s Secret & Co. said that it has acquired a minority stake in Frankies Bikinis, a beachwear and lifestyle brand based in Venice, California, for ... Read More