WWD: The Essentialist

View on web

Subscribe

Friday, July 31

Financial

Reformation Makes Its Wall Street Entrance

While shares inched up on their first day, CEO Hali Borenstein said the brand had plenty of growth ahead.

Mergers and Acquisitions

EXCLUSIVE: Moreau Paris Has a New Owner — And It’s French

Cardinal Invest, owner of storied French textile and leather goods manufacturer Groupe Lécuyer, was the victor in a court-supervised sales process.

Mergers and Acquisitions

EXCLUSIVE: LVMH Has Sold the Patou Brand Back to Dilesh Mehta

London-based Designer Parfums bought back the majority stake it had sold to the French luxury group in 2018.

Mergers and Acquisitions

Swiss Outdoor Brand Mammut Purchased by CPE, Investor in Pop Mart, Laopu

CPE's acquisition of the soft-shell maker marks another milestone in China's premium outdoor boom.

Mergers and Acquisitions

Moschino Parent Aeffe Receives Binding Offer From Oxy Capital

Specialized in corporate turnaround transactions, Oxy Capital will operate with a Chinese industrial partner and Invitalia, Italy’s agency for development of the Ministry of Economy and Finance.

Shoe Industry News

Puma’s Reset Continues: Q2 Sales Slide but Losses Narrow

A second-quarter sales dip of 9.4 percent at Puma reflects the ongoing transition at the company, executives said.

Designer and Luxury