Three brands in the specialty apparel retail industry have been brought together in the KnitWell Group, a new holding company formed by private equity firm Sycamore Partners. With three apparel brands under its umbrella — Ann Taylor, Loft and Talbots — KnitWell Group generates combined annual sales of over $3 billion, the holding...
Troubled home goods brand Bed Bath & Beyond is reportedly looking to sell some of its assets. Weeks after saying its future as a “going concern” was in doubt, the company is apparently in talks with Sycamore Partners to sell assets that include its Buy...
Kohl’s has been the recipient of takeover bids from private equity firm Sycamore Partners and Franchise Group, a retail holding company, The Wall Street Journal (WSJ) wrote Thursday (June 2). Sycamore will value the department store chain at around the mid-$50s a share, with Franchise...
The board of British fashion retailer Ted Baker has narrowed its choices for the company to which it plans to sell the brand, less than a month after it got several non-binding offers, according to a company press release Monday (May 23). One bidder who...
May 03, 2024
Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is engaged in negotiations that are likely to take weeks, and there is no certainty that a deal will be reached, Reuters reported Friday (May 3). Reached by PYMNTS, Sycamore Partners […]
August 31, 2023
Three brands in the specialty apparel retail industry have been brought together in the KnitWell Group, a new holding company formed by private equity firm Sycamore Partners. With three apparel brands under its...
January 15, 2023
Troubled home goods brand Bed Bath & Beyond is reportedly looking to sell some of its assets. Weeks after saying its future as a “going concern” was in doubt, the...
June 02, 2022
Kohl’s has been the recipient of takeover bids from private equity firm Sycamore Partners and Franchise Group, a retail holding company, The Wall Street Journal (WSJ) wrote Thursday (June 2)....
