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1 big thing: Food-recycling scoop. Food-recycling startup Mill Industries has raised about $70 million towards a $100 million target for a Series C round, two sources familiar with the situation tell Alan and our Pro colleague Richard Collings. Why it matters: Solutions like Mill's help mitigate food loss and waste, which contribute up to 8% of ...Collings, Richard (March 28, 2023). "Tory Burch Foundation unveils finance tool for women founders". Axios. Retrieved December 24, 2023. [62] · "Announcing&nb...Axios Pro Exclusive Content. Richard Collings, Kimberly Chin; 🐪 Happy Hump Day, Retail Readers! Situational awareness: Since June last year, federal officials have seized nearly $1 billion in goods suspected of having ties to forced labor under the Uyghur Forced Labor Prevention Act, CNBC reports.Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned …Austin-based jewelry company Kendra Scott is seeking capital to fund its expansion plans, CEO Tom Nolan tells Axios Pro's Richard Collings exclusively. Driving the news: It would not be surprising if Kendra Scott enters into a transaction this year, which would give it "gas" to put on the "fire," Nolan says.

Richard Collings, author of . Axios Pro: Retail Deals. Jan 11, 2024. Share on facebook (opens in new window) ... Buchanan and AfterSell co-founder Dhruv Patel tell Axios. Expected to close on Feb. 1, the transaction resulted from a nine-month exploratory period for AfterSell and three months for Rokt and Aftersell to get acquainted.In the Crusades, Richard the Lionheart was important because he helped the crusaders take possession of Joppa due to his victory at Arsuf and came close to taking possession of Jer...

Facing imminent bankruptcy, Bed Bath & Beyond has two last-gasp efforts ongoing. Driving the news: The beleaguered home goods purveyor is reported to be preparing to file for bankruptcy within days, according to the Wall Street Journal. Details: The two time-sensitive efforts include a plan to raise $300 million by selling shares and a …

Jan 8, 2024. Illustration: Shoshana Gordon/Axios. Authentic Brands Group could be a public company within the next 18 months, CEO Jamie Salter said at the ICR Conference being held in Orlando. Why it matters: While still shaky, the IPO market is expected to rebound this year. Details: Temasek and QIA quietly invested in Authentic at the end of ...Macy's signed a confidentiality agreement with Arkhouse Management and Brigade Capital Management, a spokesperson for the retailer confirmed to Axios.. Why it matters: The two firms can now begin due diligence on the iconic department store. Zoom in: Reuters reported earlier today that Macy's would open its books to the two bidders. …Are you looking for the latest trends in fashion? Look no further than the new Anthony Richards clothing catalog. This catalog features a wide variety of stylish and trendy clothin...Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning.. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders. Details: The director nominations …Pantastic, which provides e-commerce tools and services to independent brands, raised $18 million in equity and debt financing led by B Capital Group.. Why it matters: Indie brands, which boast more sustainable, locally sourced production methods and ingredients, are experiencing rapid growth along with the companies that empower …

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May 13, 2020 ... React, axios,PHP and MySQL CRUD application ... Collings Kamanga, Triggur MW, Chris Lamy, Kublai ... Richard G. Friday, Wakixa Maléma, Raylence ...

Feb 16, 2024. Illustration: Natalie Peeples/Axios. Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years.Richard Collings writes the Axios Pro Retail deals newsletter. Start your free trial at AxiosPro.com. Share on facebook (opens in new window) Share on twitter (opens in new window) Share on linkedin (opens in new window) Share on email (opens in new window) Go deeper. News worthy of your time. Download the app. About.Mar 31, 2022. Illustration: Aïda Amer/Axios. Collectors Holdings, which authenticates and manages collectibles for hobbyists and investors, raised $100 million in funding at a $4.3 billion valuation, Richard writes. The round comes about a year after the company, at the time named Collectors Universe, was acquired by an investor group led by ...Subway has a buyer, and the deal for the sandwich shop — valued up to a reported $9.55 billion — is believed to be one of the year's largest in the private equity world.. Why it matters: As the largest U.S. fast-food chain by number of locations, Subway is dealing with a surging set of competitors that have billed themselves as healthy, fast …Liberation Labs, a New York City-based provider of precision fermentation, expects to pull in about $50 million for its Series A set to close in Q1, CEO Mark Warner tells Axios exclusively.. Driving the news: The USDA recently awarded Ameris Bank a $25 million loan guarantee to finance Liberation Labs' biomanufacturing facility. Catch up …

Apr 20, 2023. Photo: Courtesy of Gainful. Gainful, a provider of performance nutrition products, plans to raise around $20 million to $30 million in the second half of the year, its CEO Dean Kelly tells Axios exclusively. The big picture: Gainful's move is part of a larger trend of DTC brands expanding into retail and wholesale because ...Apr 1, 2023 ... Copyright (c) 2002, Richard Boulton. libpq ... Axios is licensed under the MIT License (Ex. ... 23). Copyright (c) 2014-present Stephen J. Collings, ...Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years. Catch up quick: Sylvan Learning, a provider of of …State of play: The Cincinnati-based chain has held the top spot for several years now. Kroger had a 40.6% market share in 2021, which slipped to 38.9% in 2022. Its market share rose to 42.9% last year, more than double the second-place competitor, Walmart. 👀 Eye-popping stats: That amounts to nearly $3.5 billion in sales at 58 area Kroger ...Richard Collings is a Retail Reporter for Axios, covering a wide range of topics within the retail industry. With a focus on mergers and acquisitions, funding, and market trends, …The big picture: Roark — named after the protagonist in Ayn Rand's "The Fountainhead" — is an Atlanta-based private equity firm founded in 2001 by Neal Aronson after he sold a hotel franchisor to the Pritzker family for $100 million. Today it has $37 billion in assets under management, and specializes in "asset light" turnaround situations ...

Feb 16, 2024. Illustration: Natalie Peeples/Axios. Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years.

Axios Pro: Retail Deals. Jan 8, 2024. Illustration: Megan Robinson/Axios. WTHN, a wellness startup that offers products based on traditional Chinese medicine, raised a $5 million Series A financing led by L Catterton. Why it matters: U.S. consumers spend $450 billion on wellness products and services each year, per McKinsey.Zoom in: Likely bidders include iFit, which owns NordicTrack, among other businesses, Axios has learned. The company, which raised $355 million in 2022 and is backed by PE firm L Catterton, is in acquisition mode. Context: Johnson Health Tech made a $37.5 million all-cash stalking horse bid for BowFlex, which sets the floor on valuation …Axios Pro: Retail Deals. July 26, 2022 Axios Pro Exclusive Content. Richard Collings; Good morning, Retail readers! Situational awareness: Shopify is laying off around 1,000 workers, or 10% of its global workforce, according to an internal memo — a dark cloud for big bets made on e-commerce during the pandemic.Aug 8, 2022 · Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year. Inside the deal: The new investment totals $3.5 billion, at a valuation that works out to 17x pro forma EBITDA, according to a source briefed on the matter. Pro forma EBITDA through September incorporates the financial performance of Reebok, the sneaker company Authentic Brands acquired for $2.5 billion in August.Shein attempts makeover under a barrage of criticism. Richard Collings. , author of. Axios Pro: Retail Deals. Jul 10, 2023. Photo: Christophe Archambault/AFP via Getty Images. Fast-fashion giant Shein is attempting to revamp its public image — and the view of an industry that has been heavily criticized for its environmental and labor practices.

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Recess has hired Stifel Financial to raise $25 million, CEO Ben Witte tells Axios exclusively.. Why it matters: The sparkling beverage maker intends to become the Red Bull of the relaxation category. By the numbers: Recess' sales were in the $10 million to $20 million range and expected to more than double last year, Witte said last August. …

Mar 5, 2024. Photo: Justin Sullivan/Getty Images. There's a strong case for Macy's to launch a formal sale process while there's still something left to be sold. Why it matters: Its latest reinvention tour is a rehash of old hits: smaller store footprints, more of a focus on luxury, digital integration, and more store closings.Axios Pro: Retail Deals. June 21, 2023 Axios Pro Exclusive Content. Kimberly Chin, Richard Collings; 🐪 Happy Hump Day, Retail readers.Jan 11, 2024 · Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. The Federal Trade Commission isn't likely to decide until February on whether to challenge Kroger's proposed $25 billion tie-up with Albertsons, a source close to the FTC's thinking says. Why it matters: It looks like the grocery mega-merger is on hold for at least a while ... Kohl's shareholders voted to re-elect all 13 of the department store's nominees, according to a preliminary count following Wednesday's annual shareholder meeting, beating out activist investor Macellum's slate.. Why it matters: The shareholder vote and results of the board election play a critical role in the future of the company, as …Feb 20, 2024. Photo: Gary Hershorn/Getty Images. Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders.Illustration: Sarah Grillo/Axios. Ampla raised $258 million from Goldman Sachs and Atalaya Capital Management to provide consumer brands with lines of credit, CEO Anthony Santomo tells Axios. Why it matters: Startups have faced one of the most difficult fundraising environments in a decade and traditional banks have cut back on providing loans.Richard Collings, author of . Axios Pro: Retail Deals; Share on facebook (opens in new window) Share on twitter (opens in new window) ... Luxury retailer Saks …Richard Collings, author of . Axios Pro: Retail Deals. Jan 12, 2024. Share on facebook (opens in new window) ... Karls tells Axios, speaking from the conference's sidelines. He notes the Canadian government plays a role in helping startups based there, due to the difficulty they have in raising money.Jun 22, 2022. Data: Refinitiv; Chart: Kavya Beheraj/Axios. As investors wring their hands over the possibility of an economic downturn, retail M&A is surprisingly robust — even surpassing last year's total at this point. There's been about $29 billion in deal value transacted as we near 2022's halfway marker, according to data provided by ...Jan 18, 2024 · Photo: Paul Morigi/Getty Images for Birkenstock. Shares of Birkenstock fell about 8% at the market's open due to what the sandal maker characterized as a modest headwind to its adjusted EBITDA margin despite beating on revenue. Driving the news: Birkenstock's first earnings since its IPO are closely watched as its performance may reverberate ...

View Richard Collings' business profile as Retail Reporter at Axios. Find Richard's email address, mobile number, work history, and more.Nov 21, 2023 · Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ... Express, a mall-based clothing retailer, filed for Chapter 11 bankruptcy protection in Delaware, it said in a statement this morning. The big picture: The filing facilitates a sale to a group led by brand management firm WHP Global that includes mall operators Simon Property Group and Brookfield Properties. To facilitate the deal, …Jul 7, 2021 ... ... Axios Inc. 10,000.00. $. 11/16/2020 ... RICHARD. 5,000.00. $. 11/27/2020 $ 5,000.00 ... COLLINGS CONTRACTING TECHNOLOGIES, LLC. COLLINGS CONTRACTING ...Instagram:https://instagram. are dolphins psychopaths Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1y. h mart in schaumburg il By the numbers: PE invested $91 million in consumer cyclicals and just over $1 billion in consumer non-cyclicals in the U.S. in Q1, nearly $1.1 billion overall. That's below even last year, when PE invested $315 million in consumer cyclicals and nearly $1.4 billion in consumer non-cyclicals, to total nearly $1.7 billion.Richard Collings; Happy Friday, Retail readers. Research associate Natalie Breymeyer here with your weekly digest. ... Aug 18 — Profits held up far better in Q2 than folks on Wall Street expected, Axios' Matt Phillips writes. Why it matters: Corporate America's resilient bottom line is another indication that the economy could pull off the ... how to build a gate in dayz Dianthus, an AI-fueled e-commerce platform, is eyeing more acquisitions of digitally native brands this year as it nears the close of a Series A round, CEO Chris Litster tells Axios. Driving the news: Most tech companies aim to sell their solutions to clients, but Dianthus is buying these businesses instead to better control the data, Litster says. ... broken bow ok weather forecast Break the Love CEO scores fellowship from Tory Burch Foundation. Richard Collings. , author of. Axios Pro: Retail Deals. Jun 22, 2023. Billie Jean King and Tory Burch (L to R). Photo: Courtesy of the Tory Burch Foundation. Trisha Goyal, CEO of New York-based sports booking platform for racket sports Break the Love, is the first recipient of the ... outnumbered fox news There are several ways to contact Sir Richard Branson. The ways to contact him include sending a message by Twitter, LinkedIn, Facebook, email or regular mail. Contacting Richard B... ibew1249 Mar 14, 2023 ... Axios. Fetch scales backBy Richard Collings. The Business Journals. Madison tech firm Fetch cuts 100 employees, including 16 in WisconsinBy ... amore cheat code Richard A. Spikings. The ... Axios/Vardar ocean basin, obducted during the ... Collings et al., 2011;Mposkos & Kostopoulos, 2001;Mposkos ...Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ... mike joy net worth Richard Collings, author of . Axios Pro: Retail Deals. Apr 18, 2024. Share on facebook (opens in new window) ... Shoshana Gordon/Axios. Exit Content Preview. The Diriyah project, a $63.2 billion real estate development near Riyadh, is pursuing investment from outside Saudi Arabia, Diriyah Company president Mohamed Saad tells Axios …Major news outlets such as The New York. Times, Los Angeles Times, Axios, and Vox have cited and shared ... Richard L. & Janet B. Grossman, in memory of Gene ... kris l claver Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned …Authentic Brands Group and Shein struck a licensing deal that will have the online retailer produce a line of Forever 21 clothing, Richard writes.. Why it matters: The partnership opens short- and long-term opportunities for the two firms that generate $30 billion and $40 billion in global retail sales, respectively. Details: Authentic CEO Jamie … dan j levy spouse Richard Collings authors the new Axios Pro newsletter on retail deals. Subscribe at AxiosPro.com. Share on facebook (opens in new window) Share on twitter (opens in new window) Share on linkedin (opens in new window) Share on email (opens in new window) Go deeper. News worthy of your time. Download the app. About. About …Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years. Catch up quick: Sylvan Learning, a provider of of … federal prison camp bryan Jun 22, 2022. Data: Refinitiv; Chart: Kavya Beheraj/Axios. As investors wring their hands over the possibility of an economic downturn, retail M&A is surprisingly robust — even surpassing last year's total at this point. There's been about $29 billion in deal value transacted as we near 2022's halfway marker, according to data provided by ...Richard Collings, author of . Axios Pro: Retail Deals. Mar 30, 2022. Share on facebook (opens in new window) ... But Figs would prefer to stay public, as PE's focus is to cut costs, cofounder and co-CEO Heather Hasson tells Axios. That's because the company doesn't want to be constrained as it pursues expansion in the U.S., where it …