The private equity firm announced on Wednesday that it has concluded a deal to make a strategic minority investment in the LA-based cosmetics brand in order to help push its e-commerce and international expansion.
After previously pulling out of the US market, Memebox has announced an exclusive partnership with Sephora. In addition to the partnership, the brand is rolling out an ambassador program and a relaunched e-commerce site.
Fashion and lifestyle brand Naked Brand Group announced today it has completed its merger with intimates company Bendon Limited. The companies will operate as subsidiaries of Naked Brand Group Limited, or "Holdco."
At the most recent Outdoor tradeshow, which runs until June 20 in Friedrichshafen, the European Outdoor Group released sector figures for 2017. Europe gained 6.7% in volume terms, despite a sluggish French market.
Debenhams said this week that it could dispose of certain assets as it seeks to conserve cash and focus more intensely on fixing its core UK business, with analysts saying profitable Magasin du Nord could be sold.
PayPal Holdings Inc. announced on Monday that it has agreed to acquire Hyperwallet, a global payout platform, for $400 million in cash. The move hopes to bolster options at PayPal to compete with growing competition.