Deep Dive | May 1, 2017 Premium Deep Dive: Active M&A in the Beauty Space Fuels Future GrowthMany global beauty companies have chosen to focus on acquisitions as a key strategy to drive growth. As a result, we have seen a steady rise in merger and acquisition (M&A) activity since 2013. In 2016, there were 91 beauty industry deals announced globally, up 25% from 75 deals in 2013. Read More
Flash Report | February 1, 2017 Register for Free Access Alibaba’s Ant Financial to Acquire US Payment Service MoneyGram for $880 Million in CashOn January 26, Ant Financial and MoneyGram announced that privately held Ant Financial would acquire publicly traded MoneyGram (MGI) for $13.25 per share, representing a total deal value of about $880 million. The deal is expected to close in the second half of 2017. Read More
Flash Report | January 30, 2017 Register for Free Access Tesco-Booker Merger: Uniting Food Retail and WholesaleTesco, the UK’s biggest grocery retailer, and Booker, the UK’s largest cash-and-carry wholesale supplier, have announced an agreement to merge. The transaction values Booker, the smaller of the parties, at £3.7 billion. Read More
Flash Report | January 19, 2017 Register for Free Access Baidu Appoints Microsoft Veteran Qi Lu as Group President and COOaidu has appointed former Microsoft executive Dr. Qi Lu to be its Group President and COO, and to oversee the Chinese search giant’s business, with immediate effect. Read More
Flash Report | December 15, 2016 Register for Free Access Boohoo.com (LSE: BOO) Boohoo.com Raises FY17 Revenue Guidance and Acquires PrettyLittleThingBoohoo.com announced a trading update and the acquisition of PrettyLittleThing, a smaller, fast-growing, online fashion pure play. Read More
Company Earnings Update | October 21, 2016 Register for Free Access Walgreens (WBA) 4Q16 Results: EPS Beats Consensus, Rite Aid Merger ExtendedWalgreens reported fiscal 4Q16 adjusted EPS of $1.07, ahead of the $0.99 consensus estimate. Reported revenues were $28.64 billion, up 0.4% year over year and below the consensus estimate of $29.11 billion. Read More
Flash Report | October 11, 2016 Register for Free Access Samsung Joins the AI Race with Acquisition of Viv, an AI Assistant Platform DeveloperSamsung Electronics has acquired Viv Labs, a US-based startup that has developed an open artificial intelligence (AI) assistant platform. The startup was co-founded by the creators of Siri. Read More
Flash Report | October 10, 2016 Register for Free Access Chico’s FAS (CHS) Appoints Diane Ellis as President of the Chico’s BrandChico’s FAS has named Diane Ellis President of the Chico’s brand, effective November 1, 2016. Read More
Flash Report | October 7, 2016 Register for Free Access Walgreens Boots Alliance Displaces CVS from Tricare Pharmacy NetworkWalgreens Boots Alliance (WBA) will replace CVS as the in-network pharmacy for Tricare, the healthcare program of the US Department of Defense Military Health System. Read More
Flash Report | September 27, 2016 Register for Free Access Target’s Chief Digital Officer Departs the CompanyJason Goldberger, Target’s Chief Digital Officer and President of Target.com, departed the company late last week. Read More
Insight Report | September 23, 2016 Premium Nordstrom Announces President of Nordstrom.com and Strategic Shifts in Leadership ResponsibilitiesNordstrom has appointed former Executive Vice President of Strategy and Development, Ken Worzel, to the position of President of Nordstrom.com. Read More
Flash Report | September 20, 2016 Register for Free Access Consortium Finalizes the Acquisition of AéropostaleA consortium, which includes Authentic Brands Group (ABG,) General Growth Properties (GGP) and Simon Property Group (SPG,) announced it has finalized the acquisition of Aéropostale. Read More
Insight Report | September 20, 2016 Premium Under Armour Announced Senior Management Changes in North AmericaUnder Armour has announced Jason LaRose will assume the position of Company President for North America. He will succeed Matthew Mirchin. Read More
Company Earnings Update | August 26, 2016 Register for Free Access Ahold Delhaize (AD) 1H16 RESULTS: REVENUES AND NET PROFIT UP, INTEGRATION ON COURSEAhold reported 1H16 revenues of €20,720 million, up 3.7% from €19,977 million in 1H15. Net income grew by 10.3% to €450 million, and diluted EPS grew by 10.2% to €0.54. Sales in the US grew by 3.1% at constant currency, in the Netherlands by 4.8% and in the Czech Republic by 0.1%, also at constant currency. Read More
Insight Report | August 18, 2016 Premium Unilever to Acquire Air-Purification Brand BlueairOn August 16, consumer goods giant Unilever (LSE: ULVR) announced that it had agreed to acquire Blueair, a Swedish air-purification systems manufacturer, for an undisclosed sum. Read More