Richard collings axios.

Richard Collings, author of . Axios Pro: Retail Deals. Aug 4, 2023. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Axios had previously identified Roark as one of the bidders. Details: The bankers are still aiming for a purchase price between $9 billion and $10 billion, ...Jul 27, 2022 · Jul 27, 2022. Photo: Stephane Cardinale - Corbis/Corbis via Getty Images. Valentino Fashion Group approached Giorgio Armani about buying the Italian luxury rival and the two companies have entered into early-stage discussions, Mergermarket reports. Why it's the BFD: A combination of the two fashion houses would set the foundation for a luxury ... Collings, Richard (March 28, 2023). "Tory Burch Foundation unveils finance tool for women founders". Axios. Retrieved December 24, 2023. [62] · "Announcing&nb...Macy's signed a confidentiality agreement with Arkhouse Management and Brigade Capital Management, a spokesperson for the retailer confirmed to Axios.. Why it matters: The two firms can now begin due diligence on the iconic department store. Zoom in: Reuters reported earlier today that Macy's would open its books to the two bidders. …

Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.

Mar 5, 2024. Photo: Justin Sullivan/Getty Images. There's a strong case for Macy's to launch a formal sale process while there's still something left to be sold. Why it matters: Its latest reinvention tour is a rehash of old hits: smaller store footprints, more of a focus on luxury, digital integration, and more store closings.

Richard Collings, author of . Axios Pro: Retail Deals. Jul 28, 2022. Share on facebook (opens in new window) ... Illustration: Brendan Lynch/Axios. Exit Content Preview. Society Brands, an Amazon and e-commerce aggregator, is seeking acquisitions of sellers of essential products headed into the second half of the year, ...Mar 27, 2024 · Mar 27, 2024. Illustration: Aïda Amer/Axios. Bob Evans Restaurants is working with investment bank Kroll, formerly Duff & Phelps, on a sale process, multiple sources tell Axios. Why it matters: Deal activity in the sector is heating up with consumers returning to pre-pandemic behavior and due to a more stable debt financing market. Richard Collings. Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1mo. Macy's ...After the company revealed plans on Friday to lay off more than 9,000 employees in the coming months, Axios reported the company was preparing to file for bankruptcy. The New York Times previously reported David's Bridal was weighing bankruptcy, advised by investment bank Houlihan Lokey, law firm Kirkland & Ellis and restructuring specialist ...Jan 16, 2024. Shoshana Gordon/Axios. Fast-casual chain Just Salad is interviewing investment banks to start a sale process, a source close to its thinking tells Axios. Driving the news: Just Salad checks several boxes of an attractive investment profile: growth, profitability, and a focus on healthy food and sustainability.

Express, a mall-based clothing retailer, filed for Chapter 11 bankruptcy protection in Delaware, it said in a statement this morning. The big picture: The filing facilitates a sale to a group led by brand management firm WHP Global that includes mall operators Simon Property Group and Brookfield Properties. To facilitate the deal, …

Richard Collings, author of . Axios Pro: Retail Deals; Share on facebook (opens in new window) Share on twitter (opens in new window) ... Luxury retailer Saks …

Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Kenneth Rosen, partner at Lowenstein Sandler, tells Axios. By the numbers: Private equity activity in consumer retail totaled about $13.7 billion during the first three quarters of 2021, ...Apr 17, 2023 · After the company revealed plans on Friday to lay off more than 9,000 employees in the coming months, Axios reported the company was preparing to file for bankruptcy. The New York Times previously reported David's Bridal was weighing bankruptcy, advised by investment bank Houlihan Lokey, law firm Kirkland & Ellis and restructuring specialist ... Dec 11, 2023 · Richard Collings, author of . Axios Pro: Retail Deals. Dec 10, 2023 - Business. Macy's reportedly receives $5.8 billion buyout offer. ... Axios Homepage ... Apr 20, 2023 · Amazon, which acquired Whole Foods in 2017 for $13.4 billion, is looking to dramatically expand the grocery wing of its commerce empire, Axios' Richard Collings and Kimberly Chin write. "We need a broader physical-store footprint, given that most of the grocery shopping still happens in physical venues," Amazon CEO Andy Jassy recently wrote in ... Shein attempts makeover under a barrage of criticism. Richard Collings. , author of. Axios Pro: Retail Deals. Jul 10, 2023. Photo: Christophe Archambault/AFP via Getty Images. Fast-fashion giant Shein is attempting to revamp its public image — and the view of an industry that has been heavily criticized for its environmental and labor practices.

Richard Collings, author of . Axios Pro: Retail Deals; 8 mins ago. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Jeffrey Dunn, tells Axios. Why it matters: On the consumer side, there is a roll-up opportunity with several beverage companies likely to come to market over the next two years. Zoom in: ...Richard Collings, author of . Axios Pro: Retail Deals. Feb 26, 2024. Share on facebook (opens in new window) ... Illustration: Shoshana Gordon/Axios. Exit Content Preview. Komo Technologies, a web platform for creating gamified content, is in the midst of raising a seed round, CEO Joel Steel tells Axios exclusively.Richard Collings, author of . Axios Pro: Retail Deals. Dec 10, 2023 - Business. Macy's reportedly receives $5.8 billion buyout offer. ... Axios Homepage ...Mar 22, 2024 · Bobo's, the Loveland, Colo.-based company known for its oat bars, is still preparing for a sale, potentially later this year, CEO T.J. McIntyre tells Axios exclusively.. Why it matters: It is a widely watched middle market transaction in the making that even the bulge bracket investment banks are courting. 🚨#BREAKING: Axios, my happy place, has agreed to sell to Cox Enterprises: — Cash deal values Axios at $525M — Cox will put new money into company to grow biz — Deal structure incentivizes ...

Apr 11, 2022 · Illustration: Sarah Grillo/Axios. Branch Furniture, an online seller of office furniture to individuals and businesses, raised a $10 million Series A led by Springdale Ventures. Why it matters: Office reopenings and home workspace refreshes may be lifting up the industry. Context: Office furniture sales are expected to grow from about $54 ...

Jul 1, 2022 ... “Toys R Us creditors' lawsuit proceeds,” Richard Collings, June 29, 2022. https://www.axios.com/pro/retail-deals/2022/06/29/toys-r-us ...Macy's reached an agreement with activist investor Arkhouse Capital Management, which will withdraw its director nominees. Why it matters: It ends a contentious proxy fight between the department store chain and the investor. The latest: It also settles a lawsuit Tuesday from an institutional shareholder that accused the Macy's board of having ...Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) ... Share on email (opens in new window) Illustration: Aïda Amer/Axios. Employees at big box retailers are finding allies among activist investors, as some banners move to reduce paid sick days.Mar 27, 2024. Illustration: Aïda Amer/Axios. Bob Evans Restaurants is working with investment bank Kroll, formerly Duff & Phelps, on a sale process, multiple sources tell Axios. Why it matters: Deal activity in the sector is heating up with consumers returning to pre-pandemic behavior and due to a more stable debt financing market.Feb 7, 2024 · Details: "The plan is to go public in a couple of years at a $10 billion to $15 billion market cap," Glaser says. The Berkeley, Calif.-based company, which has raised about $100 million, will raise additional funding ahead of a listing, he notes, declining to provide further details. How it works: Grabango uses computer vision to track a store ... Richard Collings’ Post Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more.Apr 20, 2023 · Amazon, which acquired Whole Foods in 2017 for $13.4 billion, is looking to dramatically expand the grocery wing of its commerce empire, Axios' Richard Collings and Kimberly Chin write. "We need a broader physical-store footprint, given that most of the grocery shopping still happens in physical venues," Amazon CEO Andy Jassy recently wrote in ... By the numbers: Bartesian's products, including machines and pods, have been on the market for three years, generating over $16 million in direct revenue in 2020 and $32 million in 2021, Close says. Bartesian expects to generate revenue of $60 million this year and $100 million next year, based on distribution deals inked with the likes of ...On Tuesday, June 28, Axios Pro Retail Deals reporters Kimberly Chin and Richard Collings led conversations highlighting scoops and top stories from the second quarter in Retail deals. Guests included Meta global business group vice president Eva Press and Macellum Capital Management CEO Jonathan Duskin. Eva Press discussed new ways retailers ...

Fat Brands, the parent of Fat Burger and Johnny Rockets, said it confidentially filed the registration statement for Twin Peaks and Smokey Bones.. Why it matters: The operating unit would become a standalone public company allowing Fat Brands to raise funds. Zoom in: Axios previously reported that the company planned to spin off Twin …

Jan 17, 2024 · Jan 17, 2024. Illustration: Aïda Amer/Axios. Hotworx, formerly Planet Beach Franchising, is working with investment bank Houlihan Lokey as it weighs a capital raise, its CEO Stephen Smith tells Axios exclusively. Why it matters: Asset-light franchise models have become increasingly popular through the pandemic because they boost profit margins ...

Kroger and Albertsons beef up divestiture deal to take on FTC. Kroger and Albertsons have increased the number of store locations they are selling to C&S Wholesale under an amended divestiture package. Why it matters: The two grocers will sell 579 stores as they bolster the defense of their deal ahead of facing the FTC in court in August.Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ...Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin.GoTab is raising up to $50 million in a Series B financing this summer, CEO Tim McLaughlin tells Axios exclusively. Driving the news: The startup will see its valuation double in this round, which is notable in a difficult fundraising environment. How it works: Arlington, Va.-based GoTab offers point-of-sale, kitchen display system, kiosk ...Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years. Catch up quick: Sylvan Learning, a provider of of …Illustration: Sarah Grillo/Axios. Branch Furniture, an online seller of office furniture to individuals and businesses, raised a $10 million Series A led by Springdale Ventures. Why it matters: Office reopenings and home workspace refreshes may be lifting up the industry. Context: Office furniture sales are expected to grow from about $54 ...Apr 29, 2024. Illustration: Sarah Grillo/Axios. The Federal Trade Commission showed its commitment to evolving the law on mergers when it came out against Tapestry's acquisition of Capri Holdings, experts tell Axios. Why it matters: Changing how the courts think about antitrust is a yearslong process and involves taking on harder-to-argue cases.Jun 2, 2023. Illustration: Aïda Amer/Axios. JPalmer Collective, the asset-based lender that launched earlier this year, is now raising money from institutional investors to support $90 million worth of deals in its pipeline, its CEO Jennifer Palmer tells Axios exclusively. Why it matters: The firm focuses on women-led and founded businesses ...

Axios has been hinting at plans to launch a premium subscription product since the very beginning. ... The Pro newsletters also feature advertising and a few personal touches, like retail reporter Richard Collings including a photo of a pregame ceremony for the Kansas City Chiefs his family participated in.Jan 15, 2020 ... Richard Collings, Adweek, Retail Reporter, [email protected] ... Axios, Managing Editor, Business, 2019/10/04. 42, Sergio Stock da Silva ...Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) ... Share on email (opens in new window) Illustration: Aïda Amer/Axios. Employees at big box retailers are finding allies among activist investors, as some banners move to reduce paid sick days.As banks fail, retail bankruptcies rise. Richard Collings. , author of. Axios Pro: Retail Deals. May 1, 2023. Illustration: Sarah Grillo/Axios. As the era of free money ends, an increasing number of retailers have been pushed into bankruptcy — serving as prospective targets for bargain-hunting acquirers. Why it matters: After a relatively dry ...Instagram:https://instagram. accident i20civilization 6 best civsanchor armsoptum bank 1099 sa ... Richard Aidoo of Coastal Carolina University. ... Collings, 1976); Alan Hutchison, China's African ... Axios, July 3, 2020. The twenty-five African countries ... cobb funeral home moultrie ga obituarieshand symbol for satan Dianthus, an AI-fueled e-commerce platform, is eyeing more acquisitions of digitally native brands this year as it nears the close of a Series A round, CEO Chris Litster tells Axios. Driving the news: Most tech companies aim to sell their solutions to clients, but Dianthus is buying these businesses instead to better control the data, Litster says. ...By the numbers: PitchBook reports the number of fintech exits declined 22.2%, to 185, in 2023, while VC exit value fell 76.1%, to $5.9 billion, during the year. Exit value in the sector fell to its lowest level since 2016, and the number of deals completed is at its lowest count since 2020. Fintech M&A activity declined for the second straight ... cicis pizza buffet price 2023 The big picture: Roark — named after the protagonist in Ayn Rand's "The Fountainhead" — is an Atlanta-based private equity firm founded in 2001 by Neal Aronson after he sold a hotel franchisor to the Pritzker family for $100 million. Today it has $37 billion in assets under management, and specializes in "asset light" turnaround situations ...Activist investor Macellum Capital Management is raising a private equity fund of between $150 million and $200 million to invest in companies owned or led by Black or other minority leaders, founder Jonathan Duskin tells Axios.Macy's has received an $5.8 billion take-private offer from an investor group that includes Arkhouse Management and Brigade Capital Management, according to the WSJ and other outlets.. The big ...