View Post

Express, Sycamore Partners End LBO Talks

In Reports, What's New, Industry News by Accessories Staff

Columbus, OH and New York—Express, Inc. and Sycamore Partners today announced that despite having worked together in “good faith towards a transaction over the past several months,” discussions regarding Sycamore Partners’ expressed interest in acquiring Express have been terminated due to the unavailability of financing on commercially acceptable terms. Sycamore, …

View Post

Rumor: LVMH Interested in Acquiring Coach?

In What's New, Industry News by Jeff Prine

New York—Shares of Coach Inc rose the most in four months Thursday after after a report surfaced that LVMH apparently is interested in buying the American leathergoods company. Supposedly LVMH was interested due to Coach’s turnaround strategy that includes moving from high-end leathergoods to ready-to-wear, primeretailer.com said, citing sources. Coach …

View Post

LIDS Sports Group, the Latest Retailer to Expand into Canada

In What's New, Industry News by Accessories Staff

Indianapolis—LIDS Sports Group announced Friday that it has acquired Jersey City Canada, a licensed sports apparel, headwear and novelty company operating 28 retail stores across four Canadian Provinces. In addition, the acquisition includes nin headwear only CAPZ stores, and two websites operating under www.jerseycity.ca and www.CFLshop.ca.  Terms of the sale …