Deal – Page 5 – Beautifaire

18 Apr

Fanatics Expands Deal With WWE to Include On-site for Events

WWE and Fanatics are expanding their relationship. Starting May 1, right before WWE’s premium live event, Backlash, Fanatics will assume operations of world event merchandise business for the skilled wrestling entertainment group. Fanatics already operates WWE’s e-commerce site and holds the rights for licensed merchandise and memorabilia for the organization, but it'll now manage the on-site retail operations as well for WWE’s 300-plus annual events including WrestleMania, Royal Rumble and SummerSlam. Under the terms of the deal, Fanatics will work to boost the in-venue experience by offering more local collections, creating progressive retail stores and utilizing Fanatics-operated team stores during events. Fanatics already has partnerships with greater than 50 skilled and college teams across several sports. “Fanatics has been an incredible partner and can...

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8 Apr

A Trademark Deal for Kent & Curwen, Plus Bespoke

by Beauty Tips

Fashion, Featured

A Trademark Deal for Kent & Curwen, Plus Bespoke

Trademark Deal: Guangzhou-based fashion company Biem.L.Fdlkk Garment has purchased the worldwide trademark rights of Cerruti 1881 and Kent & Curwen, two brands whose owners have included Trinity Ltd. and Shandong Ruyi. The Chinese firm said it paid the equivalent of nearly $62.2 million for the worldwide trademark rights of Cerruti 1881, and nearly $41.5 million for the worldwide trademark of Kent & Curwen. The 2 brands were once owned by Trinity Ltd., as was Gieves & Hawkes, which was sold to Frasers Group last November. Trinity Ltd. was sold in 2017 by its owner, the Hong Kong-based sourcing giant Fung Group, to the now debt-laden Chinese fashion manufacturing giant Shandong Ruyi Technology Group. As reported, Cerruti 1881 fell victim to cuts because the Chinese owners...

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5 Apr

Analysts Laud the L’Oréal-Aesop Deal – WWD

by Beautifaire101

Beauty, Featured

Analysts Laud the L’Oréal-Aesop Deal – WWD

PARIS — L’Oréal’s deal to accumulate Aesop was lauded Tuesday by financial analysts, who expect the French beauty giant to leverage that business abroad, especially in China, travel retail and fragrance. As previously reported, it was revealed late Monday that L’Oréal has signed an agreement to buy the Australian luxury personal care company from Natura & Co. The proposed transaction values Aesop at an enterprise value of greater than $2.5 billion. “The valuation is nice for an asset growing 20 percent per 12 months and EBITDA margins of 20 percent, and the brand only recently expanded into China, which leaves loads of headway for future growth,” wrote Bruno Monteyne, senior analyst of European food, European household and private care at Bernstein, in a...

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1 Feb

CEO Talks: Kate Spade’s Liz Fraser on Recent Store

by Beauty Tips

Fashion, Featured

CEO Talks: Kate Spade’s Liz Fraser on Recent Store

Since Liz Fraser assumed the role of chief executive officer and brand president of Kate Spade Recent York in March 2020, she has guided the $1.4 billion lifestyle brand through the pandemic, store closures and reopenings, a hybrid work schedule and latest ways of working. For the last fiscal yr, the brand experienced a 22 percent increase to attain record revenues. “I remain definitely more enthusiastic about Kate Spade today than I used to be even once I began,” Fraser said in an interview on the brand’s Manhattan headquarters. “I believe this can be a remarkable brand with tremendous elasticity and yet is so clear what it's. That’s an unusual combination. So we are able to do a Kate Café, we...

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