Tag: acquisition
-
Saks is in a luxury pickle
Previously in retail news, Saks acquired Neiman Marcus. The two struggling luxury department stores were in dire straits on their own. And now together, Saks Global needs a turnaround. There a multiple lawsuits as brands are still seeking payments for product that never came through. Bankruptcy is looming It doesn’t bode well for the future…
-
How much do you think Rhode’s lip treatments are worth?
$1 billion. That’s the answer. Or rather that is just how much E.l.f. Cosmetics just paid for Hailey Bieber’s Rhode Skin. In a deal that went through this week, E.l.f. put acquired the brand known for its peptide lip treatments and glazing milk, has captured hearts across social media. This comes after it was announced…
-
Estee Lauder bought Tom Ford- I’m thinking that one through
This will be a bit of a ramble, but I am trying to sort through my thoughts on Estee Lauder’s acquisition of Tom Ford. Without a doubt, a fantastic move for the man himself. Tom Ford is now a billionaire, perhaps the most suave one to date. But as a consumer, I wonder what this…
A Wren Says 