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Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brandmanagement firm Bluestar Alliance. Both brands have been owned by Bebe Stores, Inc.
“Consumer demand in the toy category and for Toys ‘R’ Us remains strong, and we will continue to invest in the channels where the customer wants to experience our brand.”. The original Toys ‘R’ Us was liquidated in 2018 , but Tru Kids acquired its intellectual property and resurrected the retailer in 2019.
Brandmanagement firm WHP Global has received a $375 million equity investment from funds managed by the private equity group of Ares Management Corporation to fuel its next wave of brand acquisitions. The transaction values WHP at $1.6 this summer.
stores in 2018, the Toys ‘R’ Us brand passed through a number of hands before being acquired by brandmanagement firm WHP Global in March 2021. “The Toys ‘R’ Us brand is big and growing fast. expansion plans are in high gear, propelling us into the next chapter of growth for our global brand.”
For nearly a year, the company has focused on actualizing its reinvention plan , which focused on evolving the Starbucks brand, strengthening its digital capabilities, unlocking efficiencies and reinvigorating partner culture. “On Starbucks initially built its brand around highly localized and immersive community experiences.
this summer with the opening of its first flagship location since the brand’s2018 bankruptcy. The store will be located at the American Dream mall in New Jersey, alongside the flagship of sister brand Toys ‘R’ Us , which opened there in December 2021. Babies ‘R’ Us will return to brick-and-mortar retail in the U.S.
since the brand’s2018 bankruptcy. The rebirth of Babies ‘R’ Us marks not just the brand’s timely return but also a significant reimagining of what baby retail should look like (hint, the big box is no longer). (Photo Credit: Retail TouchPoints) As the last surviving U.S. After filing for bankruptcy and shuttering all its U.S.
“Heroes & Villains is and always has been a fan-focused brand. Celebrating the stories we all love is the first priority for us,” explained Doug Johnson, Creative Director and BrandManager at Bioworld, parent company of Heroes & Villains in an interview with Retail TouchPoints.
A little less than one year after Toys ‘R’ Us made its return to the world of UK brick-and-mortar via nine shop-in-shops in WHSmith stores, TRU parent company WHP Global has announced plans to expand the partnership and add 30 new locations by this summer.
Compagnie Financière Richemont said that the European Union was the last regulatory authority that was required to provide clearance, and Richemont is planning to complete the deal later during the fourth quarter of 2023. Then in 2018, Richemont bought back the combined entity for about US$3.4
Outdoor brand Eddie Bauer is the latest retailer to be snapped up by brandmanagement firm Authentic Brands Group (ABG) and SPARC Group , a joint venture between ABG and mall operator Simon Property Group. Bank and Men’s Wearhouse agreed to merge and form Tailored Brands. and Canada.
Opening up again Volley – which was sold by Pacific Brands to private equity firm Anchorage Capital in 2014 following a collapse in sales – has managed to transform its reputation as a ‘daggy’ shoe company. In 2019, Volley’s brandmanager John Szwede told News.com.au
These incidents caused Samsung users to abandon the brand and Samsung lost an estimated $5.3 This is an extreme example, but it doesn’t actually take huge events like this to tank a brand’s equity. In 2018 Tide suffered from a loss in brand image as the notorious “Tide Pod Challenge” swept the internet.
He joined DG in 2012 and most recently served as senior director of merchandising with previous roles progressing from merchandising planning analyst to brandmanager. Kaushik Paul has rejoined the company as division vice president, store operations. Brett Sorensen has been promoted to division vice president, store operations.
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