Madewell sells youthful products developed by its creator Mickey Drexler. Recently Pete Nordstrom, the merchandising head of his company, inked a pact to sell Madewell styles in Nordstrom stores starting on March 2. While the products are priced somewhat below Nordstrom's typical prices, the products resonate with the youthful Nordstrom customer, and that's key to Nordstrom's rationale to carry some of the assortment in its stores. Madewell is a division of J. Crew Group Inc. Its Chairman and CEO, Mickey Drexler, is a brilliant merchant — one the most innovative in retailing.
New York -- Fifth & Pacific Cos., formerly known as Liz Claiborne, agreed to sell its Juicy Couture brand to Authentic Brands Group for $195 million, according to various reports. "This...
At a special meeting held Sept. 10, BJ's Wholesale Club stockholders approved the definitive agreement between the company and Leonard Green & Partners and CVC Capital Partners to be acquired in a cash transaction valued at about $2.8 billion.
Liz Claiborne is looking to sell its Mexx apparel brand to a private-equity firm. Leonard Green & Partners, Sun Capital and Golden Gate Capital are among the firms that have shown an interest in Mexx, the report said.
BJ's Wholesale Club is officially going private, the company announced. Two private equity firms, Leonard Green & Partners LP and funds advised by CVC Capital Partners, have agreed to an all-cash transaction worth an estimated $2.8 billion.