Story of the Week Rawlings Majority Owner Explores Sale at $2 Billion Valuation Private equity firm Seidler Equity Partners, which co-owns Rawlings Sporting Goods Co. with Major League Baseball (MLB), is exploring a sale of its stake in Rawlings, seeking a $2 billion valuation, including debt, sources told Bloomberg.  In June 2018, Los Angeles-based Seidler Equity, […]

Story of the Week Kroger to buy grocer Giant Eagle in $1.65 billion deal as competition heats up Kroger said it would buy regional ⁠supermarket chain Giant Eagle in a $1.65 billion deal, strengthening its presence in the Midwest and the ​Mid-Atlantic region amid intensifying ​competition. The transaction, the ​first under CEO Greg Foran, is […]

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 […]