Menu
RSS

Featured Stories

Movers & Shakers

BevMo! Taps Amazon Canada Vet As CMO

BevMo! Taps Amazon Canada Vet As CMO

BevMo! has named Matthew Champion SVP and CMO. Champion will be responsible for all aspects of marketing at the beverage retailer, including both traditional and digital marketing, in-store activation and...

Express Names Chief Merchandising And Chief Marketing Officers

Express Names Chief Merchandising And Chief Marketing Officers

Express has appointed Malissa Akay to the role of EVP and Chief Merchandising Officer and Sara Tervo as EVP and Chief Marketing Officer. Both executives will join Express on Sept....

Rite Aid Appoints New CEO

Rite Aid Appoints New CEO

Rite Aid has appointed Heyward Donigan as CEO, effective immediately. Donigan replaces John Standley, who will step down after nine years in the role. Standley’s exit had been planned since...

Mergers & Acquisitions

Report: Alibaba Acquires Kaola For $2 Billion

Report: Alibaba Acquires Kaola For $2 Billion

Alibaba Group has agreed to pay $2 billion in cash to acquire fellow Chinese cross-border e-Commerce platform NetEase Kaola, according to a report from Caixin Global. Kaola, owned by NetEase Inc.,...

Steve Madden Acquires GREATS

Steve Madden Acquires GREATS

Steve Madden has acquired GREATS, a Brooklyn-based digitally native footwear brand specializing in Italian-made sneakers, for an undisclosed amount. Founded in 2014 by Ryan Babenzein, GREATS opened a 500-square-foot flagship in Manhattan’s...

Farfetch Adds Tech, New Brands With $675M Purchase Of New Guards

Farfetch Adds Tech, New Brands With $675M Purchase Of New Guards

The online luxury fashion marketplace Farfetch has purchased New Guards Group, a brand platform that has launched several global luxury fashion brands, for $675 million. The acquisition extends Farfetch’s capabilities to...

Financial News

Lucidworks Secures $100 Million In New Funding

Lucidworks Secures $100 Million In New Funding

Lucidworks, an AI-powered search solution provider, has secured a $100 million investment from investors including Francisco Partners, a global technology-focused private equity fund, and TPG Sixth Street Partners, a global finance and...

Klarna Secures $460 Million Funding Round For U.S. Expansion

Klarna Secures $460 Million Funding Round For U.S. Expansion

Klarna, the Sweden-based bank and payment giant, has raised $460 million in an equity funding round and is now valued at $5.5 billion. The payment company, which provides a “buy...

‘Buy Now, Pay Later’ Sezzle Lists IPO On Australian Exchange

‘Buy Now, Pay Later’ Sezzle Lists IPO On Australian Exchange

Sezzle, a Minneapolis-based installment payments platform, has gone public outside the U.S., raising $30 million USD with its IPO. The company now trades on the Australian Securities Exchange (ASX). In...