Story of the Week Reformation Eyes July IPO Reformation, the Los Angeles-based sustainable womenswear brand, is preparing to confidentially file for an initial public offering, with plans to go public as early as July. The brand is expected to generate more than $500 million in revenue in 2026; it has more than 70 stores globally, […]

Story of the Week Carbon Beauty sold to Front Row Front Row Group, a full-service agency specializing in e-commerce growth and Amazon marketplace management for beauty, health & wellness, and CPG brands, announced the acquisition of Carbon Beauty, a leading Amazon accelerator specializing in clean beauty brands. Founded in 2014 by brothers Dan and Jeff […]

Story of the Week Frasers Group launches €2 billion takeover offer for struggling Hugo Boss Frasers Group, the retailer controlled by British billionaire Mike Ashley, launched a €2 billion ($2.31 billion) takeover offer for struggling German fashion brand Hugo Boss. Frasers, the biggest shareholder in ​Hugo Boss with a 26.1% stake, is offering €38 per […]

Story of the Week Barry Diller offers to buy rest of MGM in nearly $19-billion deal Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn’t already own, marking the latest pivot for the billionaire media mogul after overhauling IAC Inc.  The proposal, which would be made through Diller’s […]

Story of the Week It’s official: Shein has acquired Everlane Shein has acquired Everlane, after buzz about a deal had swirled for days following an initial report. The move represents the direct-to-consumer brand’s next phase, enabling global expansion and new capabilities and opportunities, said Everlane CEO Alfred Chang. Everlane, which touts its supply chain transparency, […]