View Post

BLUE NILE TO BE ACQUIRED BY PRIVATE INVESTMENT GROUPS

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Seattle-based online diamond jeweler Blue Nile is being acquired for about $500 million in cash by a private investor group that includes Bain Capital Private Equity and Bow Street LLC. The move comes amicably and will provide substantial value to Blue Nile’s stockholders, translating to $40.75 in cash per share and representing a premium …

View Post

Brentwood Associates Buys Boston Proper from Chico’s

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Los Angeles–Brentwood Associates, a private equity investment firm, announced today that it has acquired Boston Proper direct-to-consumer business from Chico’s FAS, Inc. Terms of the agreement were not disclosed. Boston Proper is a Boca Raton, Florida-based multi-channel retailer of women’s apparel and accessories. In partnership with existing Boston Proper management, …

View Post

Ricardo Beverly Hills Acquires Stephanie Johnson Brand

In Industry News, What's New by Accessories StaffLeave a Comment

Kent, WA—Ricardo Beverly Hills, the luggage and travel accessories company, announced today the recent acquisition of Venice, CA-based Slim, Inc./Stephanie Johnson. Stephanie Johnson is a fast growing designer brand of upscale cosmetic cases and travel accessories. The acquisition of Stephanie Johnson provides a high-growth platform that will enable Ricardo Beverly Hills  …

View Post

Shoes.com to Acquire Richer Poorer Lifestyle Brand

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Vancouver—Shoes.com recently announced the acquisition of lifestyle accessories brand, Richer Poorer, for an undisclosed amount. “Richer Poorer has built a culture founded on hard work and hustle, and a brand that resonates with the Shoes.com customer,” said Roger Hardy, co-founder/ceo of Shoes.com. “Not only is this acquisition a natural extension …

View Post

Retail Dish: Urban Outfitters to Buy Gourmet Pizza Chain

In Industry News, Marketing, What's New by Jeff PrineLeave a Comment

Philadelphia—In a move to diversify that left many analysts scratching their heads in wonderment, Urban Outfitters Inc. announced today it has entered into an agreement to acquire substantially all The Vetri Family group of restaurants including award winning Pizzeria Vetri. Tremendous Opportunity? Terms of the acquisition went undisclosed. The Vetri …

View Post

Genesco to Acquire Little Burgundy Chain From Aldo Group

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Nashville, TN–Genesco Inc.announced today that its Canadian subsidiary has entered into an agreement with the Aldo Group Inc. to acquire the 37-store Little Burgundy retail footwear chain in Canada.  The transaction is subject to customary closing conditions.  Terms of the transaction were not disclosed. Based in Montreal, Little Burgundy serves …

View Post

TJX Completes Acquisition of Australian Off-Price Retailer Trade Secret

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Framingham, MA—The TJX Companies investment in expanding oversees just took a turn toward Oz. The off-price retailer said today that it has completed its acquisition of Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corporation Limited for a purchase price of $80 million Australian (subject …