JD Sports Fashion acquires Hibbett for $1.1bn
UK-based omnichannel retailer JD Sports Fashion has completed the acquisition of US-based athletic-inspired fashion retailer Hibbett. Effective as of 25…
24 Jul 2024
Fairfax agrees to acquire Sleep Country Canada for $1.2bn
Financial holdings company Fairfax has agreed to acquire speciality mattress retailer Sleep Country Canada Holdings for an enterprise value of C$1.7bn ($1.23bn). The acquisition will be conducted through Fairfax's newly…
23 Jul 2024
Tapi rescues Carpetright brand and stores, saving 300 jobs
Tapi Carpets and Floors has completed a multimillion-pound acquisition of British floor coverings retailer Carpetright, saving 300 jobs. The deal includes the brand name, 54 stores, intellectual property and two…
19 Jul 2024
Meta in talks to acquire 5% stake in EssilorLuxottica
Meta, parent of the social media platform Facebook, is in discussions to purchase a 5% share in EssilorLuxottica, maker of the Ray-Ban eyewear brand. This development was reported by the Wall…
18 Jul 2024
Auréa leads consortium in exclusive talks to buy The Body Shop
Cosmetic chain The Body Shop has signed an exclusive rescue agreement with a consortium led by the Auréa group, Reuters has reported. Auréa is an investment company founded by British…
18 Jul 2024
EssilorLuxottica to acquire streetwear brand Supreme for $1.5bn
EssilorLuxottica, maker of the Ray-Ban eyewear brand, has agreed to acquire the streetwear brand Supreme from VF Corporation for $1.5bn in cash. Supreme, known for its digital-first business model, operates…
17 Jul 2024
Accenture acquires Logic to boost retail tech transformation capabilities
Professional services company Accenture has entered an agreement to acquire Logic, a company specialising in retail technology services. Headquartered in Minneapolis, Minnesota, US, Logic collaborates with retailers to drive customer…