Richard collings axios

Jan 17, 2024 · Jan 17, 2024. Illustration: Aïda Amer/Axios. Hotworx, formerly Planet Beach Franchising, is working with investment bank Houlihan Lokey as it weighs a capital raise, its CEO Stephen Smith tells Axios exclusively. Why it matters: Asset-light franchise models have become increasingly popular through the pandemic because they boost profit margins ...

Richard collings axios. As banks fail, retail bankruptcies rise. Richard Collings. , author of. Axios Pro: Retail Deals. May 1, 2023. Illustration: Sarah Grillo/Axios. As the era of free money ends, an increasing number of retailers have been pushed into bankruptcy — serving as prospective targets for bargain-hunting acquirers. Why it matters: After a relatively dry ...

When Kroger and Albertsons struck the agreement, it was structured with the idea that the number of stores divested would be under 375. Of note: The FTC reviews retail deals such as these on a market-by-market basis. Details: As the chart shows, the two grocery store operators would have an outsized presence in the Northwest, on the West Coast ...

Apr 11, 2022 · Illustration: Sarah Grillo/Axios. Branch Furniture, an online seller of office furniture to individuals and businesses, raised a $10 million Series A led by Springdale Ventures. Why it matters: Office reopenings and home workspace refreshes may be lifting up the industry. Context: Office furniture sales are expected to grow from about $54 ... Apr 10, 2024 · Macy's reached an agreement with activist investor Arkhouse Capital Management, which will withdraw its director nominees. Why it matters: It ends a contentious proxy fight between the department store chain and the investor. The latest: It also settles a lawsuit Tuesday from an institutional shareholder that accused the Macy's board of having ... Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin.🎙️ Tomorrow: Our Axios Pro colleagues Richard Collings and Kimberly Chin are hosting a live conversation on the Kroger-Albertsons merger. Reserve your spot! Tuesday trivia: Is California's solar market predicted to rise or fall this year? The answer to last week's question: GM began selling its EV1 in 1996. That's a 28-year (and still ...As banks fail, retail bankruptcies rise. Richard Collings. , author of. Axios Pro: Retail Deals. May 1, 2023. Illustration: Sarah Grillo/Axios. As the era of free money ends, an increasing number of retailers have been pushed into bankruptcy — serving as prospective targets for bargain-hunting acquirers. Why it matters: After a relatively dry ...On Tuesday, June 28, Axios Pro Retail Deals reporters Kimberly Chin and Richard Collings led conversations highlighting scoops and top stories from the second quarter in Retail deals. Guests included Meta global business group vice president Eva Press and Macellum Capital Management CEO Jonathan Duskin. Eva Press discussed new ways retailers ...

Illustration: Sarah Grillo/Axios. Ampla raised $258 million from Goldman Sachs and Atalaya Capital Management to provide consumer brands with lines of credit, CEO Anthony Santomo tells Axios. Why it matters: Startups have faced one of the most difficult fundraising environments in a decade and traditional banks have cut back on providing loans. Story by Richard Collings • 6d. L uxury retailer Saks and its owner, HBC, are closer to inking a deal to acquire rival Neiman Marcus for $3 billion, Axios has confirmed. Apr 10, 2024 · Macy's reached an agreement with activist investor Arkhouse Capital Management, which will withdraw its director nominees. Why it matters: It ends a contentious proxy fight between the department store chain and the investor. The latest: It also settles a lawsuit Tuesday from an institutional shareholder that accused the Macy's board of having ... State of play: Broadly speaking, the mid-tier segment serves the middle class. It falls between luxury and discount and sells mass-market brands like Levi's, Tommy Hilfiger, etc. This space consists of regional banners such as Boscov's, Belk and Dillard's, as well as national names like JCPenney, Macy's and Kohl's.Major news outlets such as The New York. Times, Los Angeles Times, Axios, and Vox have cited and shared ... Richard L. & Janet B. Grossman, in memory of Gene ...Mar 27, 2024 · Mar 27, 2024. Illustration: Aïda Amer/Axios. Bob Evans Restaurants is working with investment bank Kroll, formerly Duff & Phelps, on a sale process, multiple sources tell Axios. Why it matters: Deal activity in the sector is heating up with consumers returning to pre-pandemic behavior and due to a more stable debt financing market. Jan 29, 2024 · Jan 29, 2024. Illustration: Gabriella Turrisi/Axios. Distress in DTC is presenting opportunities for investors with the stomach for risk. Driving the news: Firms such as BlackRock and Oaktree are raising structured equity funds that may be better described as distressed venture funds, says David Spreng, CEO of Runway Growth Capital.

Oct 5, 2022. Illustration: Aïda Amer/Axios. Brookfield Asset Management is in "advanced" talks to buy Trimco Group, a Hong Kong-based clothing label maker owned by Affinity Equity Partners, for up to $1 billion, Bloomberg reports, citing sources familiar with the matter. Why it matters: It's a situation worth tracking as Brookfield sounds out ...White House National Security Council Spokesperson Adrienne Watson told Axios and CNN analyst Barak Ravid, “Iran has begun an airborne attack against Israel.Jan 8, 2024. Illustration: Shoshana Gordon/Axios. Authentic Brands Group could be a public company within the next 18 months, CEO Jamie Salter said at the ICR Conference being held in Orlando. Why it matters: While still shaky, the IPO market is expected to rebound this year. Details: Temasek and QIA quietly invested in Authentic at the end of ...News worthy of your time. Download the app. About. About Axios; Advertise with us; Careers; Events; Axios on HBODetails: The transaction is expected to close in Q4 when Pinstripes stock and warrants will be listed on the NYSE under the ticker symbols PNST and PNST WS, respectively. The combined company is valued at a pro forma EV of about $520 million, at $10 per share. It also includes $20 million in cash upfront from Middleton Partners, an affiliate of ...After the company revealed plans on Friday to lay off more than 9,000 employees in the coming months, Axios reported the company was preparing to file for bankruptcy. The New York Times previously reported David's Bridal was weighing bankruptcy, advised by investment bank Houlihan Lokey, law firm Kirkland & Ellis and restructuring specialist ...

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Shein attempts makeover under a barrage of criticism. Richard Collings. , author of. Axios Pro: Retail Deals. Jul 10, 2023. Photo: Christophe Archambault/AFP via Getty Images. Fast-fashion giant Shein is attempting to revamp its public image — and the view of an industry that has been heavily criticized for its environmental and labor practices.Apr 1, 2023 ... Copyright (c) 2002, Richard Boulton. libpq ... Axios is licensed under the MIT License (Ex. ... 23). Copyright (c) 2014-present Stephen J. Collings, ...Axios has hired reporter Richard Collings to cover retail. He will be covering mergers and acquisitions, initial public offerings, private equity and other situations related to retail. Collings previously was a retail reporter at Adweek. He also worked at LevFin Insights as a reporter for a year and at S&P Global Markets covering retail and … Story by Richard Collings • 6d. L uxury retailer Saks and its owner, HBC, are closer to inking a deal to acquire rival Neiman Marcus for $3 billion, Axios has confirmed. Apr 20, 2023. Photo: Courtesy of Gainful. Gainful, a provider of performance nutrition products, plans to raise around $20 million to $30 million in the second half of the year, its CEO Dean Kelly tells Axios exclusively. The big picture: Gainful's move is part of a larger trend of DTC brands expanding into retail and wholesale because ...

Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more. 1d EditedRichard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1yIllustration: Sarah Grillo/Axios. Branch Furniture, an online seller of office furniture to individuals and businesses, raised a $10 million Series A led by Springdale Ventures. Why it matters: Office reopenings and home workspace refreshes may be lifting up the industry. Context: Office furniture sales are expected to grow from about $54 ...Oct 25, 2020 ... ... Richard Dean. BP101177 - Gaglioti, Tonino ... Axios Services (Aust) Pty Ltd. 6 Mcdonald ... Collings, John Gordon. 3a Sue Ellen Pl, BALCATTA WA.Neiman Marcus Group said Wednesday it will end its commercial partnership with online luxury retailer Farfetch. Why it matters: It's a switch in fortunes for the two companies, one largely physical, the other largely digital. Catch up fast: Nearly two years ago, high-flying Farfetch invested $200 million into Neiman Marcus in exchange for a ...On Tuesday, June 28, Axios Pro Retail Deals reporters Kimberly Chin and Richard Collings led conversations highlighting scoops and top stories from the second quarter in Retail deals.Guests included Meta global business group vice president Eva Press and Macellum Capital Management CEO Jonathan Duskin.. Eva Press discussed …Jan 8, 2024. Illustration: Sarah Grillo/Axios. Wolverine Worldwide aims to conclude a sale process for its footwear brand Sperry by the end of Q1, its CFO Michael Stornant said. Why it matters: The footwear conglomerate has been undergoing a transformation over the past year, selling brands such as Keds, its leathers business and the ...Kohl's shareholders voted to re-elect all 13 of the department store's nominees, according to a preliminary count following Wednesday's annual shareholder meeting, beating out activist investor Macellum's slate.. Why it matters: The shareholder vote and results of the board election play a critical role in the future of the company, as …Richard Collings, author of . Axios Pro: Retail Deals; Share on facebook (opens in new window) Share on twitter (opens in new window) ... Luxury retailer Saks …

Peltz is chairman of Wendy's. Details: Blackwells intends to nominate several director candidates to the board, citing both governance and financial performance issues, a second source familiar with the situation says. The activist has previously said that Peltz put in place his son, Matthew, as non-executive vice chairman at Wendy's and ...

Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.Apr 2, 2024. Illustration: Sarah Grillo/Axios. Ordergroove, which offers subscription solutions for retailers and brands, will be approaching profitability by this summer, CEO Greg Alvo tells Axios exclusively. Why it matters: The company plans to pursue an IPO and will evaluate where it stands at the end of 2024, he says.Richard Collings, Retail Reporter. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek... Richard 6024. Current BC101615 A.T. Brine & Sons ... Axios Services (Aust) Pty Ltd 2 Park Rd, CRAWLEY ... Collings, John Gordon 6 Nolan Place, BELDON WA 6027 ...Macy's reached an agreement with activist investor Arkhouse Capital Management, which will withdraw its director nominees. Why it matters: It ends a contentious proxy fight between the department store chain and the investor. The latest: It also settles a lawsuit Tuesday from an institutional shareholder that accused the Macy's board of having ...By the numbers: This year, Unleashed will generate system-wide sales of approximately $740 million, revenue of about $160 million, and EBITDA of around $70 million, Browning said. Valuation multiples for similar asset-light businesses range between the high teens and low 20s, he said. Unleashed's CAGR is between 20% and 25%, he …Jan 8, 2024. Illustration: Shoshana Gordon/Axios. Authentic Brands Group could be a public company within the next 18 months, CEO Jamie Salter said at the ICR Conference being held in Orlando. Why it matters: While still shaky, the IPO market is expected to rebound this year. Details: Temasek and QIA quietly invested in Authentic at the end of ...Richard Collings. Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1mo. Macy's ...

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Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned …ISS backs two activist candidates on Kohl's proxy fight. Richard Collings. , author of. Axios Pro: Retail Deals. Apr 29, 2022. Photo: Bruce Bennett/Getty Images. Institutional Shareholder Services is advising Kohl's shareholders to vote for two activist investor director candidates at the retailer's annual shareholder meeting on May 11. Why … Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin. Jan 16, 2024. Shoshana Gordon/Axios. Fast-casual chain Just Salad is interviewing investment banks to start a sale process, a source close to its thinking tells Axios. Driving the news: Just Salad checks several boxes of an attractive investment profile: growth, profitability, and a focus on healthy food and sustainability.Richard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1y EditedApr 2, 2024. Illustration: Sarah Grillo/Axios. Ordergroove, which offers subscription solutions for retailers and brands, will be approaching profitability by this summer, CEO Greg Alvo tells Axios exclusively. Why it matters: The company plans to pursue an IPO and will evaluate where it stands at the end of 2024, he says.Portland is among the markets most likely to be affected by the merger of Kroger and Albertsons. Why it matters: The companies are two of the country's largest food retailers, and their proposed merger during a time of food inflation has triggered scrutiny. Driving the news: Earlier this month, S&P Global Ratings said the number of stores the ...What they're saying: "Oddity is an example of a company that utilized a short float, cornerstone investors and a long marketing period prior to the roadshow while waiting for a window that they could get out," an industry banker …Feb 20, 2024. Photo: Gary Hershorn/Getty Images. Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders.Aug 8, 2022 · Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year. ….

The big picture: "While we have a consumer business that’s $434B in 2022, the vast majority of total market segment share in global retail still resides in physical stores (roughly 80%)," he said. The bottom line: "Grocery is a big growth opportunity for Amazon," Jassy said. Go deeper: For additional insights from the letter, including ...Richard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1y EditedPortland is among the markets most likely to be affected by the merger of Kroger and Albertsons, Axios' Richard Collings and Erin Davis write. Why it matters: The companies are two of the country ...Amazon, which acquired Whole Foods in 2017 for $13.4 billion, is looking to dramatically expand the grocery wing of its commerce empire, Axios' Richard Collings and Kimberly Chin write. "We need a broader physical-store footprint, given that most of the grocery shopping still happens in physical venues," Amazon CEO Andy Jassy recently wrote in ...Axios Pro Exclusive Content Arko fuels up for more acquisitions. Richard Collings, author of . Axios Pro: Retail Deals. Mar 6, 2023.Jul 22, 2018 ... ... axios 0.18.0 cubic-bezier 0.1.2 front-matter ... Richard Gibson <[email protected]> ... Collings Sundeep Malladi Sunil Pai Travis Arnold ...Distressed retail watchlist. Richard Collings. , author of. Axios Pro: Retail Deals. Dec 19, 2022. Illustration: Gabriella Turrisi/Axios. The most scrutinized retailers are rated either CCC+ (S&P and Fitch) or Caa1 (Moody's) and below. State of play: Moody's assigned Caa1 ratings to home goods retailers At Home and Bob's Discount Furniture ...Italian eyewear manufacturer Marcolin is attracting suitors in a sale process first reported by Reuters, including Kering, Essilor Luxottica, Safilo and Marchon, the FT reports.. Why it matters: The company, which is owned by PE firm PAI Partners, is seeking a valuation of up to €1.3 billion, per the FT. Yes, but: The valuation may be a friction … Richard collings axios, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]