sycamore partners
Macy’s could get takeover bid from buyout firm Sycamore Partners during sagging sales, job cuts
Private-equity giant Sycamore Partners is exploring a possible bid to buy Macy’s – even as the iconic retail chain this week rejected an unsolicited offer from another bidding group, The...
Bed Bath & Beyond in talks with firm that tried to buy Kohl's: report
The troubled home goods retailer posted a bigger-than-expected quarterly loss and a plunge in sales on Tuesday.
Kohl's shares soar 33 percent as retailer gets multiple takeover bids
Kohl’s shares on Monday soared more than 33% as suitors come out in force with bids to acquire the budget department store.
Ann Taylor, LOFT and Lane Bryant sold to buyout firm for $540M
Iconic women's clothing brands Ann Taylor, LOFT and Lane Bryant will be bought out of bankruptcy by private equity firm Sycamore Partners, the companies said Thursday. After filing for Chapter...
Sycamore Partners' bid for bankrupt JCPenney opposed by workers' group
Sycamore Partners should not be allowed to buy JCPenney out of bankruptcy because of its long history of closing stores and decimating jobs, a worker advocacy group said Tuesday. A...
Private equity firm in talks to buy JCPenney, shares up 55 percent
Private equity firm Sycamore Partners is in preliminary talks to acquire JCPenney out of bankruptcy should the US department store chain’s negotiations with its creditors fail, three people familiar with...
LVMH wants to renegotiate $16.2 billion Tiffany deal
LVMH Chief Executive Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant's $16.2 billion acquisition of jewelry chain Tiffany & Co, as US social unrest...
Drawer slams shut on Victoria's Secret acquisition
A deal to sell Victoria’s Secret has been scrapped after its private equity buyer sued to get out of the deal on a coronavirus-related claim. L Brands — the retail...
Firm lied to investors about shoe brand's finances: suit
A buyout firm got itself a sweet discount on Stuart Weitzman before flipping it at a fat profit — by lying to investors about the shoe brand’s financial outlook, according...
Staples may spin off its retail chain to Office Depot
A merger between Staples and Office Depot may finally be in the cards — but it won’t be the kind that company brass had longed for, or that regulators had...
Staples is going private in $6.9 billion deal
Sycamore Partners said on Wednesday it would acquire office supplies chain Staples for $6.9 billion, a rare bet by a private equity firm this year in the US retail sector,...
Sycamore Partners is in advance talks to buy Staples
Private equity firm Sycamore Partners is in advanced talks to acquire Staples following an auction for the US office supplies retailer, people familiar with the matter said on Wednesday, in...
Coach looks to revive fortunes with Stuart Weitzman deal
Luxury handbag and accessories company Coach is expanding its footwear collection, buying Stuart Weitzman Holdings from private-equity firm Sycamore Partners for about $530 million. Coach will also make up to...
Sycamore offers new hope for Sears Canada
Sears Canada has a fighting chance to avoid liquidation — and it may rest with New York retail impresario Stefan Kaluzny. An auction of the struggling department-store chain has attracted...
Sycamore Partners signals purchase of Express
Stefan Kaluzny wants to rekindle an old romance with Express. The voracious buyout big’s Sycamore Partners, which lately has scooped up troubled retail brands such as Hot Topic and Talbots,...
Jones Group CEO to step down after sale to Sycamore
Jones Group CEO Wesley Card is stepping down following the Seventh Avenue apparel company’s acquisition by Sycamore Partners. Sycamore, a New York buyout firm, last week completed its $2.2 billion...
Sycamore retains Weitzman, Geiger brands
Sycamore Partners is hanging onto Stuart Weitzman and Kurt Geiger after all. The voracious buyout firm, which completed its $2.2 billion acquisition of Jones Group on Tuesday, will maintain control...
Jones Group suits Sycamore Partners
Sycamore Partners just gulped down another plate of retail brands — and it already wants to see the menu again. The New York private-equity firm on Tuesday completed the $2.2...
Jones Group to be sold to Sycamore
Wall Street finally got the Seventh Avenue deal it was jonesing for. Jones Group, whose brands include Nine West, Anne Klein and Stuart Weitzman, announced a long-anticipated agreement to go...