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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 ...Following Bolthouse Farms' split into two companies, the CPG business Generous Brands plans to make bolt-on acquisitions, its chairman, 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.Dec 6, 2023 · Dec 6, 2023. Illustration: Tiffany Herring/Axios. Liberation Labs, a New York City-based provider of precision fermentation, expects to pull in about $50 million for its Series A set to close in Q1, CEO Mark Warner tells Axios exclusively. Driving the news: The USDA recently awarded Ameris Bank a $25 million loan guarantee to finance Liberation ... Illustration: Tiffany Herring/Axios. Sandwich shop giant Subway on Thursday said that it's agreed to be acquired by Atlanta-based private equity firm Roark Capital Partners, ending a months-long sales process. Why it matters: This makes Roark one of the world's largest restaurant owners, as it also controls Buffalo Wild Wings, …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 ...

Jan 8, 2024. Illustration: Shoshana Gordon/Axios. Authentic Brands Group could be a public company within the next 18 months, CEO Jamie Salter said at the ICR Conference being held in Orlando. Why it matters: While still shaky, the IPO market is expected to rebound this year. Details: Temasek and QIA quietly invested in Authentic at the end of ...Apr 20, 2023. Photo: Courtesy of Gainful. Gainful, a provider of performance nutrition products, plans to raise around $20 million to $30 million in the second half of the year, its CEO Dean Kelly tells Axios exclusively. The big picture: Gainful's move is part of a larger trend of DTC brands expanding into retail and wholesale because ...1 big thing: Food-recycling scoop. Food-recycling startup Mill Industries has raised about $70 million towards a $100 million target for a Series C round, two sources familiar with the situation tell Alan and our Pro colleague Richard Collings. Why it matters: Solutions like Mill's help mitigate food loss and waste, which contribute up to 8% of ...

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 ...

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.Are you a baking enthusiast looking for a reliable bread maker to create delicious homemade loaves? Look no further than the Morphy Richards Fastbake Manual. This versatile bread m...State of play: The Cincinnati-based chain has held the top spot for several years now. Kroger had a 40.6% market share in 2021, which slipped to 38.9% in 2022. Its market share rose to 42.9% last year, more than double the second-place competitor, Walmart. 👀 Eye-popping stats: That amounts to nearly $3.5 billion in sales at 58 area Kroger ...Why it matters: The bridal industry is expected to pick up this year after the post-pandemic lull, Axios Pro: Retail's Richard Collings previously reported. What's happening: Laine London , a Black-owned bridal rental business in Chamblee, offers tailored gowns in a way that expands the wedding-gown shopping experience to be more inclusive ...Apr 2, 2024. Illustration: Sarah Grillo/Axios. Ordergroove, which offers subscription solutions for retailers and brands, will be approaching profitability by this summer, CEO Greg Alvo tells Axios exclusively. Why it matters: The company plans to pursue an IPO and will evaluate where it stands at the end of 2024, he says.

Richard Collings, author of . Axios Pro: Retail Deals. Jan 26, 2024. Share on facebook (opens in new window) ... CEO Ashley Murphy tells Axios exclusively.

Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek. [email protected].

Italian eyewear manufacturer Marcolin is attracting suitors in a sale process first reported by Reuters, including Kering, Essilor Luxottica, Safilo and Marchon, the FT reports. Why it matters: The company, which is owned by PE firm PAI Partners, is seeking a valuation of up to €1.3 billion, per the FT. Yes, but: The valuation may be a ...Arko, one of the largest U.S. convenience store operators, plans more M&A after closing its 23rd acquisition since 2013, its chairman and CEO Arie Kotler tells Richard. Why it matters: The Richmond-based company is participating in what Kotler expects will be an active year of convenience store dealmaking.Oct 25, 2020 ... ... Richard Dean. BP101177 - Gaglioti, Tonino ... Axios Services (Aust) Pty Ltd. 6 Mcdonald ... Collings, John Gordon. 3a Sue Ellen Pl, BALCATTA WA.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.BBBY listed total assets of $4.4 billion and total debt of $5.2 billion as of last November, per court documents. BNY Mellon, which is the trustee for three tranches of nearly $1.2 billion in unsecured bonds, is listed as the top unsecured creditor. Assets include the company's intellectual property, such as brand names Bed Bath & Beyond ...... Richard V; Blake, David F; Grotzinger, John P ... Axios PW4400, which had a maximum tube power of 4 000 watts. ... Collings, Simon; Laukamp, Carsten; Ong, Cindy ...

Mar 31, 2022. Illustration: Aïda Amer/Axios. Collectors Holdings, which authenticates and manages collectibles for hobbyists and investors, raised $100 million in funding at a $4.3 billion valuation, Richard writes. The round comes about a year after the company, at the time named Collectors Universe, was acquired by an investor group led by ...Consumer products company Monolith secured $230 million in financing for acquisitions, including its 12th acquisition that closed Tuesday night, co-CEO Jonathan Shifke tells Axios.. Why it's the BFD: Buyers that can line up the financing will be shopping as discounted valuations and consumer brands facing rising customer acquisition costs …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.Toys R Us creditors' lawsuit proceeds. Richard Collings. , author of. Axios Pro: Retail Deals. Jun 29, 2022. Photo: Tim Boyle/Getty Images. U.S. bankruptcy judge Keith Phillips gave a lawsuit brought by Toys R Us creditors against the company's former executives tied to the toy retailer's 2017 bankruptcy the green light to go to trial.Jun 13, 2023 · Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek. [email protected]. Liberation Labs, a New York City-based provider of precision fermentation, expects to pull in about $50 million for its Series A set to close in Q1, CEO Mark Warner tells Axios exclusively.. Driving the news: The USDA recently awarded Ameris Bank a $25 million loan guarantee to finance Liberation Labs' biomanufacturing facility. Catch up …Nov 7, 2023. Illustration: Aïda Amer/Axios. Retail tech startup Particl launched AI Copilot, a new product that helps customers identify both new and mispriced products, CEO Josh Wilson tells Axios. Why it matters: Retailers need sophisticated software to help them manage supply chains efficiently. How it works: The South Jordan, Utah-based ...

Join Axios Pro for two critical conversations on the media and retail industries. First, Retail Deals reporter Richard Collings will sit down with AB InBev's Global Chief Marketing Officer Marcel Marcondes to explore how marketing can have a measurable impact, and when it's smart for brands to cut back on ad spending. Then, …

Photo: Paul Morigi/Getty Images for Birkenstock. Shares of Birkenstock fell about 8% at the market's open due to what the sandal maker characterized as a modest headwind to its adjusted EBITDA margin despite beating on revenue. Driving the news: Birkenstock's first earnings since its IPO are closely watched as its performance may reverberate ...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 ...Swap, a SaaS platform managing supply chain logistics for DTC retailers, raised a $9 million Series A, co-founder Sam Atkinson tells Axios. Why it matters: The startup helps online retailers manage returns, which amounted to $212 billion worth of products in 2022, and reduce losses tied to return fraud. By the numbers: In 2023, annual recurring ...It is hard to establish how many companies are owned by Richard Branson himself. The investment group he founded, Virgin, comprises around 400 different operations, according to th...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.3046, 8 5 75, Axios, Maria, 34 Gilarth Street, Highett ... Epifaniou, Epifamos, 20 Collings Street, West ... 32 Richard Street, Lalor 3075, 23 6 75, Paloyannidis,November 16, 2021. Posted by Chris Roush. Richard Collings. Axios has hired reporter Richard Collings to cover retail. He will be covering mergers and acquisitions, initial …Join Axios Pro for two critical conversations on the media and retail industries. First, Retail Deals reporter Richard Collings will sit down with AB InBev's …

Patagonia's new shareholder is the Earth. Richard Collings. , author of. Axios Pro: Retail Deals. Sep 15, 2022. Robert Alexander/Getty Image. Patagonia 's founder Yvon Chouinard announced plans to transfer ownership of the outdoor clothing retailer to the Patagonia Purpose Trust and the Holdfast Collective. Why it's the BFD: It doesn't …

Chord puts data at the core of its commerce platform. Richard Collings. , author of. Axios Pro: Retail Deals. May 30, 2023. Illustration: Rebecca Zisser/Axios. Chord has developed a commerce infrastructure platform-as-a-service (PaaS) for DTC brands too small to support large expensive tech teams, CEO Bryan Mahoney tells Axios.

Jan 18, 2024 · Why it matters: While Macy's had a strong third quarter relative to its past performance, the department store category remains deeply troubled, Axios' Richard Collings reports. Macy's reportedly received a $5.8 billion take-private offer from an investor group that includes Arkhouse Management and Brigade Capital Management last month. Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more. 1d EditedRichard Collings is a Retail Reporter for Axios, covering a wide range of topics within the retail industry. With a focus on mergers and acquisitions, funding, and market trends, …Aug 24, 2023. Illustration: Brendan Lynch/Axios. Shein and Sparc Group struck a strategic partnership, with Shein acquiring a one-third interest in the retail operator and Sparc becoming a minority shareholder in Shein. Why it matters: The deal brings together two of the most important players in retail. Details: Shein will offer what it calls ...Jul 22, 2018 ... ... axios 0.18.0 cubic-bezier 0.1.2 front-matter ... Richard Gibson <[email protected]> ... Collings Sundeep Malladi Sunil Pai Travis Arnold ...Feb 16, 2024 · Feb 16, 2024. Illustration: Natalie Peeples/Axios. 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. Kohl's shareholders voted to re-elect all 13 of the department store's nominees, according to a preliminary count following Wednesday's annual shareholder meeting, beating out activist investor Macellum's slate.. Why it matters: The shareholder vote and results of the board election play a critical role in the future of the company, as …Pantastic, which provides e-commerce tools and services to independent brands, raised $18 million in equity and debt financing led by B Capital Group.. Why it matters: Indie brands, which boast more sustainable, locally sourced production methods and ingredients, are experiencing rapid growth along with the companies that empower …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. 2wApr 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 ...

May 5, 2022. Illustration: Gabriella Turrisi/Axios. Food tech company Voyage Foods raised a $36 million Series A round co-led by UBS O'Connor and Level One Fund, the company's CEO and founder Adam Maxwell told Axios. The startup previously raised $6 million and has a pre-money valuation of $85 million, he added.Inside the deal: The new investment totals $3.5 billion, at a valuation that works out to 17x pro forma EBITDA, according to a source briefed on the matter. Pro forma EBITDA through September incorporates the financial performance of Reebok, the sneaker company Authentic Brands acquired for $2.5 billion in August.Are you looking for the latest trends in fashion? Look no further than the new Anthony Richards clothing catalog. This catalog features a wide variety of stylish and trendy clothin...Recess has hired Stifel Financial to raise $25 million, CEO Ben Witte tells Axios exclusively.. Why it matters: The sparkling beverage maker intends to become the Red Bull of the relaxation category. By the numbers: Recess' sales were in the $10 million to $20 million range and expected to more than double last year, Witte said last August. …Instagram:https://instagram. costco healthy noodlediarrhea and burping bad smelltsc decatur txroses are red violets are blue meaning Sievo, a Finnish procurement analytics SaaS provider, secured $44 million in growth equity from Susquehanna Growth Equity, the investor tells Axios.. Why it's the BFD: Sievo says the sale of the minority stake is the first time in the company's 18-year history that it has raised money. It is timed to the urgent demand for analytics as … frosh's elder crossword cluepublix northridge 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. 12h uhc shared services Jan 29, 2024. Illustration: Gabriella Turrisi/Axios. Distress in DTC is presenting opportunities for investors with the stomach for risk. Driving the news: Firms such as BlackRock and Oaktree are raising structured equity funds that may be better described as distressed venture funds, says David Spreng, CEO of Runway Growth Capital.Jul 22, 2018 ... ... axios 0.18.0 cubic-bezier 0.1.2 front-matter ... Richard Gibson <[email protected]> ... Collings Sundeep Malladi Sunil Pai Travis Arnold ...Ampla raised $258 million from Goldman Sachs and Atalaya Capital Management to provide consumer brands with lines of credit, CEO Anthony Santomo tells Axios.. Why it matters: Startups have faced one of the most difficult fundraising environments in a decade and traditional banks have cut back on providing loans. …