London—Sir Philip Green, the British billionaire retail mogul, confirmed today that he sold a 25% stake in his TopShop and … [Read more...]
Leonard Green & Partners
U.S. Private Equity Firm to Take 25% Stake in TopShop?
London—Rumors are rife on both sides of the Atlantic that Leonard Green & Partners LP, the private equity group behind the … [Read more...]
Private Equity Firm Buys David’s Bridal for $1.05 Billion
New York—A private equity firm said Tuesday that it has agreed to buy David’s Bridal in a deal valuing the bridal retailer at … [Read more...]
Buyout Bids Likely for “Bargain Priced” Collective Brands?
Topeka, KS—Collective Brands Inc., parent to Payless ShoeSource, Sperry Top-Sider and Stride Rite, may be purchased for a … [Read more...]
J. Crew Q4 Profit Up on Double-Digit Sales Increase
New York—Lowered overhead costs and a double-digit increase in sales pushed J. Crew into an improved fourth quarter, the company … [Read more...]
J.Crew Q3 Profit Hit by Acquisition Costs
New York—J. Crew Group Inc. said Thursday that its third quarter profit fell 43% hurt by costs associated its the $3 billion … [Read more...]
J.Crew Swings into Q2 Loss on Acquisition Costs
New York--J. Crew Group Inc. posted a second quarter loss as higher interest expenses from its move to go private cut into its … [Read more...]
American Apparel “Rescue” Investors to Sell Off Shares?
Los Angeles—The Canadian investment group that stepped in with $15 million to rescue American Apparel from sliding into … [Read more...]
Equity Firm Bids on BJ’s Wholesale Takeover
Natik, MA—Consumers shop BJ’s Wholesale Club for off price bargains, now a couple of equity firms hope to buy the wholesale … [Read more...]
J. Crew Posts Q1 Loss on Buyout Costs, Markdowns
New York—J. Crew Group swung to a first quarter loss related to its acquisition in March and increases promotions and markdowns, … [Read more...]
Shareholders Approve $3 Billion J. Crew Buyout
New York--J. Crew stockholders agreed today to the controversial $3 billion private equity buyout that had has been the subject of … [Read more...]
Shareholder Settlement Over J.Crew Buyout Falls Apart
New York—A recent $10 million settlement deal with shareholders who had sued J. Crew over its $3 billion buyout offer has … [Read more...]
