L Brands Names New Victoria’s Secret President, Reiterates Spinoff Plans
L Brands, parent company of Bath & Body Works and Victoria’s Secret, has promoted Martin Waters to CEO…
News February 4
Latest In: sycamore partners
Bloomberg: Belk Will Pursue Bankruptcy to Restructure $2.6 Billion Debt
Belk is reportedly nearing a deal to file for bankruptcy, with plans for Sycamore Partners to hand ownership…
News January 26
WSJ Report: Belk Lenders Try to Keep Retailer Out of Bankruptcy Court
Belk, and its lenders including KKR and Blackstone, are attempting to avoid filing for Chapter 11 bankruptcy protection…
News January 21
Ascena Sells Ann Taylor, LOFT, Lane Bryant and Lou & Grey for $540 Million
Ascena Retail Group has entered into an asset purchase agreement with Premium Apparel LLC, an affiliate of private-equity…
News November 30
Bloomberg: Sycamore Partners Places Preliminary Bids for Ann Taylor, Loft and Lane Bryant
Sycamore Partners has reportedly made a preliminary bid to acquire assets from Ascena Retail Group, including the Ann…
News September 29
JCPenney Lenders May Make Acquisition Bid After Other Talks Falter
JCPenney’s top lenders, including H/2 Capital Partners, are preparing to make a credit bid to own the retailer…
News September 1JCPenney Identifies 154 Stores Slated For Permanent Shutdown
On June 12, JCPenney will begin permanent closures of 154 stores, “following a comprehensive evaluation of its retail…
News June 8
Sycamore Partners To Take Victoria’s Secret Private In $525 Million Deal
L Brands and Sycamore Partners have announced a strategic transaction in which Sycamore Partners will acquire a 55%…
News February 20
Chico’s FAS Rejects Second Buyout Proposal From Sycamore Partners
The Board of Directors of Chico’s FAS, parent company of Chico’s, White House Black Market and Soma, has…
News May 17Top Stories
