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Hilco, TPG Form Joint Venture to Acquire Struggling Brands, Beginning with Bebe and Brookstone

Retail TouchPoints

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 brand management firm Bluestar Alliance. Both brands have been owned by Bebe Stores, Inc.

Finance 162
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Inside Gordon Brothers’ ‘Asset-Light’ Strategy to Rejuvenate the Laura Ashley Brand

Retail TouchPoints

Gordon Brothers is most commonly known for its work helping companies through bankruptcy, handling things like restructuring, financing and asset liquidation. But recently, a lesser-known division of Gordon Brothers found itself in the spotlight when the company sold the iconic British brand Laura Ashley to brand management firm Marquee.

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Meet Our 40 Under 40 Winners of 2024

Retail TouchPoints

Brand Manager, BÉIS Christina Sandore, Associate & Senior Architect, Bergmeyer Marcello Aldorasi, Director of Robotics & Automation, BJ’s Wholesale Club Cydnie Kalkhourst, Director of Retail Experience & Education, Canada Goose Kelly Johnson (Rodeck), Head of U.S.

Wholesale 312
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Hugo Boss Taps Tommy Hilfiger Exec For CEO Spot

Retail TouchPoints

Until Grieder begins his tenure, CFO Yves Müller will serve as the Hugo Boss Managing Board’s spokesman. The 12-year veteran of Tommy Hilfiger has been overseeing operations, finance, digital business transformation, technology, business development and the company’s global sustainability program.

Finance 207
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Off-loaded: LVMH sells Off-White after short tenure

Inside Retail

Bluestar Alliance – a New York-based brand management company – is known for acquiring distressed labels and licensing their names. Gary Wassner, chief executive of the financing and factoring company at Hildun Corporation, shared his thoughts about Off White’s future. The terms of the transaction were not disclosed.

Fashion 130
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Express Files for Bankruptcy to Facilitate Sale to WHP

Retail TouchPoints

The remaining Express and Bonobos stores will continue normal operations through the sale, as will the websites of all three brands. into a multi-brand fashion retailer by bringing together the Express, Bonobos and UpWest brands , and included plans to expand the monetization of the Express brand through global licensing partnerships.

Wholesale 147
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Ted Baker owner steps in amid funding woes

Retail Gazette

Ted Baker owner Authentic Brands has stepped in after the company it appointed to run its UK operations has struggled to raise financing. The group paid £211m for the fashion retailer’s brand and intellectual property last year and has outsourced its global operations to over 20 different companies.

Finance 72