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Kate Spade CEO Will Resign At The End Of 2019

Kate Spade CEO Will Resign At The End Of 2019

Kate Spade CEO and Brand President Anna Baskt will leave the company at the end of this year, marking the industry’s latest top executive departure. CFO Joanne Crevoiserat will work...

True Religion Apparel Appoints Former Design VP As New Creative Director

True Religion Apparel Appoints Former Design VP As New Creative Director

True Religion Apparel has appointed Zihaad Wells as its new Creative Director, effective immediately. In the role, Wells’ responsibilities will include product design, marketing and driving the creative direction of...

Ordergroove Names Amperity Veteran Chief Revenue Officer

Ordergroove Names Amperity Veteran Chief Revenue Officer

Ordergroove, a relationship commerce platform, has hired Ralph Robertson as Chief Revenue Officer (CRO). Robertson will leverage his more than two decades of experience building global sales organizations to help...

Mergers & Acquisitions

Acquia Acquires AgilOne To Bring AI-Powered CDP Into Open Marketing Cloud

Acquia Acquires AgilOne To Bring AI-Powered CDP Into Open Marketing Cloud

Acquia has acquired AgilOne, a customer data platform (CDP) solution provider, to bring new AI- and machine learning-driven capabilities to its web content management and digital experience platforms. Financial terms...

EBay Sells StubHub For $4.05 Billion

EBay Sells StubHub For $4.05 Billion

eBay has entered a definitive agreement to sell StubHub to viagogo, a global ticket marketplace for live sports, music and entertainment events, for $4.05 billion in cash. The transaction is...

LVMH To Acquire Tiffany For $16.2 Billion

LVMH To Acquire Tiffany For $16.2 Billion

LVMH has entered into a definitive agreement to acquire Tiffany for $135 per share in cash in a transaction valued at $16.2 billion. The news comes less than a month...

Financial News

Theatro Raises $20 Million In Series C Funding

Theatro Raises $20 Million In Series C Funding

Theatro has secured a $20 million Series C investment from Sageview Capital, following closely on the $15 million the company raised from Honeywell and Cisco in August. The new capital...

Online Used Car Retailer Vroom Raises $254 Million

Online Used Car Retailer Vroom Raises $254 Million

Vroom, an ecommerce retailer that offers a way to buy and sell used vehicles, has announced the closing of a $254 million Series H funding round. The round was led...

European Resale Marketplace Vinted Raises $141 Million, Now Valued At $1 Billion

European Resale Marketplace Vinted Raises $141 Million, Now Valued At $1 Billion

Vinted, a Lithuania-based online peer-to-peer marketplace where individuals sell secondhand apparel, raised $141 million in a funding round that valued the company at more than $1 billion. The e-Commerce business...