VF Corporation to acquire workwear manufacturer Williamson Dickie

VF Corporation to acquire workwear manufacturer Williamson Dickie

VF acquisition of Williamson Dickie : American worldwide apparel and footwear giant VF Corporation has signed an agreement to acquire workwear manufacturer Williamson-Dickie in an all-cash deal worth around $820 million. VF Corporation says that the Williamson Dickie acquisition aligns with its commitment to active portfolio while boosting its growing workwear platform further. The subsequent […]

Children’s apparel retailer Gymboree to shutter 350 stores in US

Children’s apparel retailer Gymboree to shutter 350 stores in US

Retail industry news : Gymboree Corporation, an American children’s apparel retailer, has announced its decision to shut down business at about 350 of its stores to channelize its financial resources on potentially profitable locations. According to the latest apparel retail news, the stores closure from the American clothing retailer is in accordance of a court-supervised […]

Retail industry news : Amazon set to acquire Whole Foods Market for $13.7bn

Retail industry news : Amazon set to acquire Whole Foods Market for $13.7bn

In a massive retail acquisition deal, E-commerce giant Amazon has announced that it will acquire American supermarket chain Whole Foods Market for approximately $13.7 billion. According to the latest retail news, the two parties have signed a definitive merger agreement in this regard with Amazon agreeing to offer $42 per share to the stakeholders of […]