Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
Woolworths Holdings Limited announced a number of senior management changes in Australia that follow the completion of WHL’s acquisition of David Jones Ltd (“David Jones”) and its buy out of the minority interests in ...
Tags: Woolworths
Federal-Mogul Motorparts’ Wagner brake brand has added coverage for more than 440 applications representing approximately 40 million registered vehicles. The additional coverage includes premium Wagner ThermoQuiet brake pads and ...
BizSlate Inc., an innovative Software-as-a-Service (SaaS) provider of Enterprise Resource Planning (ERP) solutions for small and medium sized distribution businesses (SMBs), announced that former Loehmann's Chief Executive Officer Steven ...
Ascena Retail Group, Inc. announced that it has initiated a search process for a new Chief Financial Officer and that Dirk Montgomery, Executive Vice President and Chief Financial Officer since January of 2013, has accepted a position with ...
Tags: Ascena, Apparel, Accessories
Tommie Copper Holdings, Inc., the original innovator and first-mover in the new category of copper-infused performance apparel, announced that it has entered into a strategic partnership with Tengram Capital Partners ("Tengram"), a private ...
Tags: Tommie Copper, Apparel, Accessories
Culp Home Fashions, a leading marketer of mattress fabrics for bedding and a division of Culp, Inc. has announced plans to invest $9.5 million in the company’s mattress fabrics operations. This capital project is designed to support ...
Tags: Culp, $9.5 Million, Textile
EcoPlanet Bamboo Group has hired three seasoned executives from $8.5 billion timber giant Weyerhaeuser in a key step to ensure its continued success and global expansion, and has named Marvin Ray Risco as the Group president. “Ray ...
Investcorp, a global provider and manager of alternative investment products, announces its agreement to acquire SPGPrints Group B.V. ("SPGPrints" or the "Company") from funds managed by Bencis Capital Partners for an enterprise value of ...
Tags: Investcorp, Acquire, Textile
Naked Brand Group Inc. announces the final closing of a $1,150,350 oversubscription of its private placement financing (the "Offering") of units (the "Units"), bringing total aggregate gross proceeds to $7,309,832 million, including the ...
Tags: Naked Brand, Apparel, Accessories
La Coste?a, a US-based packaged foods firm and the parent company of Arizona Canning, has acquired canned beans and vegetables manufacturer Faribault Foods for an undisclosed amount. As part of the acquisition, both the companies will ...
Tags: Agriculture, Food, Canned Bean, packaged food
Olayan Financing Company (OFC) has bought 51% stake in juice and beverage manufacturing firm Gulf Union Foods (GUFC) from a group of investors including Jadwa Investment. As part of the transaction, Jadwa has divested 30% stake in Gulf ...
Tags: OFC, Jadwa Investment, Agriculture
Campbell Soup Company announced plans to launch more than 200 new products in fiscal 2015 to meet consumers' changing tastes, preferences and needs. During a presentation with investors, President and Chief Executive Officer Denise ...
Tags: Campbell Soup, products, Food
Consolidated Container (CCC), an investment arm of Bain Capital in the plastic packaging sector, has acquired plastic recycling companies Envision Plastics and Ecoplast from their founders Massoud Rad and Parham Yedidsion. Both the ...
Tags: Consolidated Container, Ecoplast
Flooring America won the Silver Stevie Award in the Consumer Brand Experience category for its Where Friends Send Friends Mobile Tour in the 12th Annual American Business Awards. All organizations operating in the U.S.A. are eligible to ...
Tags: Construction, Decoration, Flooring