Money in retail
A close look at how the interests of investors, lenders and other money-minded players shape the retail industry.
In April alone, L’Occitane sold Grown Alchemist, Mented Cosmetics was acquired by a private equity firm and Billy Reid snapped up Knot Standard’s DTC business.
CEO Tony Spring surprised the industry with a new tranche of 150 department store closures, 50 of which are shuttering in 2024. Here’s what that looks like.
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In April alone, L’Occitane sold Grown Alchemist, Mented Cosmetics was acquired by a private equity firm and Billy Reid snapped up Knot Standard’s DTC business.
CEO Tony Spring surprised the industry with a new tranche of 150 department store closures, 50 of which are shuttering in 2024. Here’s what that looks like.