Business: Mergers and Acquisitions
Apax Partners
Apax Partners
To Acquire Rue21
For $1.1B
The deal is for all outstanding shares of the company at $42 a share.
Business: Human Resources
Dunhill Taps Cardinali as CEO
Lancel executive is moved to Richemont maison as part of management shakeup.
BusinessNews
- Buckle Misses First-Quarter Estimates
May 23 2013 Thursday - Ralph Lauren Posts Better Than Expected Q4 Results
May 23 2013 Thursday - Apax Partners to Acquire Rue21 for $1.1B
May 23 2013 Thursday - Dunhill Taps Fabrizio Cardinali as CEO
May 23 2013 Thursday - European Markets Sink on China, U.S. reports
May 23 2013 Thursday - Asian Shares Fall as China PMI Contracts
May 23 2013 Thursday - Saks Speculation Drives Shares Up for Second Day
May 23 2013 Thursday
Financial
Buckle Misses First-Quarter Estimates
Shares of specialty chain drop as earnings lag Wall Street projections.
Government and Trade
Kingpins Sets European Debut for Amsterdam
Semiannual market to showcase supplier firms from an array of nations.
Mergers and Acquisitions
Apax Partners to Acquire Rue21 for $1.1B
The deal is for all outstanding shares of the company at $42 a share.
Legal
Rihanna Suit Against Topshop Supplier Headed to Court
If the singer wins her lawsuit, it would be a groundbreaking decision, because in the U.K., unlike the U.S., there is no right of personality.
Forecasts and Analysis
Luxury Enters Single-Digit Era
Bain study predicts growth of 4 to 5 percent in 2013.
Marketing and Promotion
Measuring Online ROI: Brands Turn to Video as Consumer Yardstick
Video is proving to be the most powerful digital medium for reaching consumers in a measurable way.
