News English — M&A

Manhattan Associates #MAExchange in Amsterdam 2018

Posted by Thomas Andersson on

Push Possible Manhattan Associates organises an annual event in Europe for EMEA customers. This was held Oct 8-10 in Amsterdam, 2018. Delegates included some of the top European (and quite a few global) retail names. The event is heavy on supply chain and logistics but targets the eCommerce sector. Eddie Capel, CEO, Manhattan Associates kicked off the event in style. We were treated to a press briefing by the CEO, SVP Product Management and the European MD. In the evening prior to the press briefing we had the opportunity to talk to Brian Kinsella, SVP Product Management and Adam Kline,...

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Who will buy Jimmy Choo?

Posted by Thomas Andersson on

Since JAB went public with their intention to sell off Jimmy Choo there has been continued speculation on who might acquire the company. JAB, an investment/holding company, grew out of the Reckitt Benckiser FMCG empire and have assembled a division of fashion brands including Jimmy Choo, Belstaff, and Bally. The company also hold a significant stake in Coty, the beauty company, and a number of coffee related businesses. In 2016 JAB attempted to list Belstaff, but ultimately had to terminate the process due to lack of demand. Its April 2017 announcmenent that it is seeking to offload Jimmy Choo fits...

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The latest online retailer to go offline... Alibaba!

Posted by Thomas Andersson on

Today we cannot just separate online and offline... wise words by Daniel Zhang, the CEO of Alibaba, who is eyeing a $2.6bn deal to take the Chinese "Intime Retail Group" department store chain private. Source: FT.com This follows several offline moves by a number of "tradtitionally online" companies including Amazon, Made.com, Boohoo, Zalando, Farfetch and others. The main advantage moving from online to offline is the corporate culture of accepting and managing with multi-year losses to build a better business. Most offline businesses with online add-ons have a culture of carefully weighted KPI's on which bonuses and other advantages are...

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Boohoo plc aims from the hip with $20m bid for NastyGal crown jewels

Posted by Thomas Andersson on

Boohoo plc incorporated "Nasty Gal Ltd" in the UK on November 21st, 2016. This was renamed "Boohoo F I Ltd" on December 22nd, prior to the company announcing its $20m bid for the Nasty Gal brand name and its customer database on December 28th, 2016. Could the company have placed a bid for Nasty Gal Inc property using Nasty Gal Ltd as a bidder? Well, they could, but it might not have looked proper in the eyes of many industry observers. Our View: So why did Boohoo plc incorporate the company "Nasty Gal Ltd" in the first place, before announcing...

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