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Movers & Shakers

American Apparel CEO Schneider Steps Down

American Apparel CEO Schneider Steps Down

American Apparel can’t seem to catch a break. After filing for Chapter 11 bankruptcy in 2015, and dealing with former CEO and Founder Dov Charney’s shady business, the apparel retailer...

Former Forrester Analyst Adam Silverman Joins Theatro

Former Forrester Analyst Adam Silverman Joins Theatro

Adam Silverman, a former Principal Analyst at Forrester, has joined enterprise wearable technology platform Theatro as SVP of Marketing. Silverman joined the Theatro executive team in August 2016.

Nordstrom Promotes Worzel To E-Commerce President

Nordstrom Promotes Worzel To E-Commerce President

Nordstrom has appointed Ken Worzel as President of Nordstrom.com. In his new role, Worzel will be responsible for accelerating the growth of the retailer’s e-Commerce, digital and mobile efforts.

Mergers & Acquisitions

Accenture To Acquire Kurt Salmon

Accenture To Acquire Kurt Salmon

Accenture has agreed to acquire global strategy consulting firm Kurt Salmon. Through the acquisition, Accenture will be able to expand its strategic capabilities in order to deliver end-to-end consulting services...

SPAR Expands Footprint To Brazil With New Momentum Acquisition

SPAR Expands Footprint To Brazil With New Momentum Acquisition

Merchandising and retail services provider SPAR Group has acquired ownership of New Momentum and New Momentum Services from The Interpublic Group. The new venture, called SPAR Brazil, will provide merchandising,...

Episerver Accelerates “Autonomous Personalization” With Peerius Acquisition

Episerver Accelerates “Autonomous Personalization” With Peerius Acquisition

Digital experience provider Episerver acquired London-based Peerius, a provider of intelligent cloud-based omnichannel personalization. The acquisition adds Peerius’ smart personalization technology to the Episerver Digital Experience Cloud. It also enables Episerver's...

Financial News

Mobile Marketer Optimove Raises $20 Million

Mobile Marketer Optimove Raises $20 Million

Mobile marketing retention company Optimove has raised $20 million from Israel Growth Partners, a private equity investment firm that focuses on later stage investments. The platform helps businesses keep the...

Supply Chain API Network Project44 Raises $10.5 Million

Supply Chain API Network Project44 Raises $10.5 Million

Project44, a supply chain visibility enterprise cloud platform, has procured a $10.5 million Series A funding round. The platform delivers an integrated SaaS network of web service APIs that are...

Rackspace Agrees To $4.3B Acquisition; Will Become Privately Held

Rackspace Agrees To $4.3B Acquisition; Will Become Privately Held

Apollo Global Management has entered into a definitive agreement to acquire Rackspace, a cloud computing company, for $32 per share. The transaction is valued at $4.3 billion, and is set...