It was reported last week that a jury had reached a decision concerning Google. In a California court case filed by Epic Games, the maker of the video game Fortnite, Epic Games accused Google and its app store of violating antitrust laws regarding fees charged and other anti-competitive practices related to developer and consumer access […]
Thank you to all our presenters, exhibitors, sponsors and guests for joining us once again at last week’s Consensus Great Brands Show. We were thrilled to be back for our tenth show after pausing for several years due to the pandemic. Supported by tremendous positive feedback from many who were there, our view is that […]
Shein made the news last week with a $2 billion capital raise, quite a feat. For most companies, that would be enough to garner multiple headlines, but the biggest news in the story was that this fundraising round lowered the company’s valuation by one-third, from a $100 billion enterprise value in 2022 to $66 billion. […]
It’s not often that you hear about a retail business that everyone thinks is about to file for protection under the US Bankruptcy code, but at the 11th hour sells $225 million in stock, allowing the company to operate outside of bankruptcy, at least for the time being. Surprising most of us, that is exactly […]
It’s not often in the consumer space that we hear about transactions where both the buyer and seller are publicly owned. However, one such transaction was announced last week, when the Korea-based business Naver indicated it had reached an agreement to purchase the U.S. based company Poshmark for $1.2 billion, subject to certain approvals. The […]