U.S. chain-store sales rose 2.2 percent year on year for the week that ended on December 27 and included the final shopping days before Christmas, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. ...
Charlesbank Capital Partners and Partners Group closed on their previously announced acquisition of Varsity Brands Dec. 15. "The entire Varsity Brands team is united as never before to ensure we inspire and champion greater ...
Tags: Varsity Brands, Sporting Goods
India’s FMCG start-up Global Consumer Products is set to enter the country’s chocolate business with a new brand. The start-up plans to launch its own brand initially in the four southern states early next year, Business Line ...
Genesco Inc. announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year. Gulmi, who has served as ...
Tags: Succession Plans
Honest Tea’s line of 16.9 fl. oz. real brewed iced teas has been updated with new varieties, a new bottle, and label graphics while providing organic and Fair Trade Certified teas. America's top-selling organic bottled tea is ...
Tags: Honest Tea, Iced Teas, Agriculture
Nordic Capital spun off 30 percent of its holdings in Thule Group AB Nov. 26 for SEK2.2 billion, or about $295 million, in a highly successful initial public offering on Nasdaq Stockholm. Nordic sold 26.1 million shares, or 26.1 percent ...
Tags: IPO Values, Sporting Goods
American multinational investment banking firm Goldman Sachs-led group of investors is set to invest KRW40bn ($36.1m) in South Korea's largest online and mobile food ordering service. The country's most popular food-delivery service is ...
Tags: Online Food Startup, Agriculture
Fiat Chrysler Automobiles (FCA) is expecting a drop of its net industrial debt by €715m if the Ferrari unit is spun off by the company. Reuters cited FCA's previous filing with the US market regulator SEC stating that it would ...
Tags: industrial debt, Ferrari, Auto
Chinese gold demand declined 37% in last quarter year-to-year, as sales of gold bar, gold coin and ornament falls, according to the report released by World Gold Council. The report said that Chinese gold demand decreased to 182.7 t. The ...
Flexible packaging supplier Bemis Company has announced the sale of its global pressure sensitive materials business, MACtac to Platinum Equity for $170m. Bemis, that specialises in producing pressure sensitive materials for food, ...
Tags: pressure sensitive materials, MACtac business, Agriculture
U.S. weekly retail sales rose 3.9% for the period ended Oct. 4.The increase was attributed to favorable weather that generated seasonal apparel demand, according to the Intl. Council of Shopping Centers/Goldman Sachs Weekly Chain Store ...
Tags: apparel demand, Sporting Goods
Wayfair, one of the world’s largest online destinations for home furnishings and decor, today announced the pricing of its initial public offering of 11,000,000 shares of its Class A common stock at a price to the public of $29.00 per ...
Tags: Wayfair, IPO Pricing
U.S. chain-store sales increased 3.2 percent year on year for the week that ended on August 9, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. However, comparable-store sales fell 1.4 percent compared ...
Tags: Goldman Sachs, chain-store sales
U.S. retail sales rose 3.6% during the final week of September. Business was described as brisk at apparel stores, wholesale clubs, dollar and electronic stores and discounters for the week ended Sep. 27. The gains offset weakness at ...
Tags: apparel stores, electronic stores
U.S. Retail Sales rose 3.0% from the prior year for the week ended Sep. 13, but were down 2.6% from the prior week, according to the Intl. Council of Shopping Centers/Goldman Sachs Weekly Chain Store Sales Index. Sales were strong for ...
Tags: Retail Sales, Sporting Goods