Financial News

Authentic Brands Group Delays IPO, Sells Stakes to Two New Investors at $12.7 Billion Valuation

Authentic Brands Group (ABG) is delaying its planned IPO in favor of selling stakes in the business to CVC Capital, HPS Investment…

Q3 2021 Roundup: Major Players Shake Off Supply Chain Woes but Challenges Remain

Retailers saw strong results overall in Q3 2021 as the recovery continued, but supply chain shortages loom as they enter the holiday…

$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. With this…

Rue Gilt Groupe Joins Retail IPO Parade

Rue Gilt Groupe, the parent company of the parent company of Rue La La and Gilt Groupe, has filed for an IPO…

Podium Raises $201 Million in Latest Funding Round

Communication and payments platform Podium has raised $201 million in a Series D funding round led by YC Continuity, joined by Durable…

Allbirds IPO Pushes Retailer’s Valuation Above $4 Billion

Despite failing to ever turn a profit in its six years of operation, Allbirds made a strong Wall Street debut on Nov….

Allbirds IPO to Value Retailer at $2.2 Billion

Allbirds has filed for an IPO, with plans to sell 19.2 million shares of its stock at $12 to $14 per share….

Ecommerce Accelerator Pattern Secures $225M in Funding

Pattern has received $225 million as a minority investment from Knox Lane. The ecommerce marketplace accelerator, founded in 2013, has more than…

Claire’s Files for IPO as it Expands Presence Outside of Malls

Claire’s has filed for an IPO that would value the company at $100 million. In its filing, the retailer noted that it…

IPO Fever: Mattress Firm, Guitar Center Become Latest Retailers to Explore This Option

Retailers have been applying for IPOs at a steady rate in 2021 despite some uncertainty in the wider economy. The most recent…

Latest Funding Round Puts $140M into commercetools’ Coffers

Headless commerce solution provider commercetools has secured $140 million in its latest funding round, which was led by global tech investor Accel…

Activewear Category’s ‘Legs’ Demonstrated by Lululemon, Under Armour and Athleta Q2 Results

The activewear category, boosted by the pandemic, has maintained its momentum even through supply chain challenges and the threat of the Delta…

The 2021 Holiday Ecommerce Guide: Key Actions to Boost Success This Peak Season

Boost Productivity by Managing and Mitigating the New Stresses on Store Associates

Digitization of Daily Life Continues in 2021

56% of Consumers Plan to Host (and Grocery Shop for) Holiday Celebrations

The ROI Impact of Intelligent Labor Management: How Retailers are Empowering Frontline Employees

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