Shein to buy majority stake in Everlane from L Catterton

Kiswahili

Shein will acquire a majority stake in Everlane from L Catterton for an undisclosed sum, pending regulatory approval. The deal was confirmed by both companies on May 22.

Shein is officially on the path to acquiring Everlane after weeks of industry speculation. The ultra-fast fashion company will purchase the majority stake from the LVMH-backed private equity firm L Catterton, with the transaction still subject to regulatory approval. Both firms confirmed the news following internal due diligence processes.

Makala yanayohusiana

Executives from Puig and Estée Lauder shaking hands amid $40B merger talks, with stock charts showing price swings and luxury beauty products on display.
Picha iliyoundwa na AI

Puig and Estée Lauder in talks for potential $40 billion merger

Imeripotiwa na AI Picha iliyoundwa na AI

Puig and The Estée Lauder Companies disclosed after Monday's market close that they are discussing a possible business combination, with no agreement reached. Puig notified Spain's CNMV on March 23, 2026. The deal could create a $40 billion beauty group with $20 billion in combined sales, prompting Estée Lauder shares to drop 7.7% while Puig's rose 11%.

Shein plans to acquire Everlane in reported 100 million dollar deal

Ultra-fast fashion giant Shein is planning to acquire sustainable clothing brand Everlane in a deal that would value the latter at 100 million dollars. Unconfirmed reports of the transaction have triggered strong reactions across the fashion sector.

Shein-Everlane deal highlights supply-chain priorities

Imeripotiwa na AI

Shein intends to buy Everlane in a deal that combines fast-fashion efficiency with transparency in sourcing. Industry observers view the move as a signal of shifting priorities in apparel manufacturing.

Europe

LVMH announces sale of Marc Jacobs to WHP Global

Teknolojia

Former Google executives launch Silvr app for shoppable TV

Europe

Galeria receives new credit from Bain Capital

Lanvin Group revenues drop 18% in fiscal 2025

Lanvin Group reported an 18% year-on-year decline in revenues to €240 million for fiscal 2025, amid macroeconomic challenges and an ongoing transformation. The company highlighted improvements in adjusted EBITDA and direct-to-consumer sales despite brand-specific declines.

Centurium Capital reportedly acquires Blue Bottle Coffee's cafes from Nestlé for under $400 million

Imeripotiwa na AI

Centurium Capital, the main backer of China's Luckin Coffee, has reportedly agreed to purchase Blue Bottle Coffee's global café operations from Nestlé for less than US$400 million, according to reports from Jiemian News and other Chinese media outlets starting March 4, 2026. Nestlé will retain Blue Bottle's consumer packaged goods business, including instant coffee and ready-to-drink products. Neither party has publicly confirmed the deal as of March 6.

Unilever undergoes radical restructuring under Fernández

Unilever CEO Fernando Fernández has led a comprehensive corporate overhaul for a year. The food division was recently spun off for $66 billion into a joint venture with a US spice company. The focus shifts to beauty, wellness, and personal care.

GameStop CEO fumbles eBay bid questions in awkward CNBC interview

Imeripotiwa na AI

Following GameStop's $56 billion unsolicited bid for eBay, CEO Ryan Cohen faced sharp grilling on CNBC over financing gaps and deal viability. His vague, incoherent answers drew laughs from hosts and prompted investor Michael Burry to dump his entire stake, spooking markets.

Ijumaa, 22. Mwezi wa tano 2026, 23:56:32

Missoni group completes ownership restructure with fsi

Ijumaa, 22. Mwezi wa tano 2026, 00:04:37

Brand management groups acquire Marc Jacobs and Roberto Cavalli

Jumatano, 20. Mwezi wa tano 2026, 03:35:27

Marquee Brands acquires majority stake in Roberto Cavalli

Ijumaa, 15. Mwezi wa tano 2026, 17:13:59

WHP Global completes Marc Jacobs acquisition from LVMH with G-III as partner

Jumapili, 12. Mwezi wa nne 2026, 09:32:57

Wallenberg family to become largest owner in Stegra

Alhamisi, 9. Mwezi wa nne 2026, 03:13:21

Levi Strauss CEO Michelle Gass outlines strategy for $10 billion revenue

Jumamosi, 4. Mwezi wa nne 2026, 06:49:09

Nells Nelson presents Fall 2026 ready-to-wear collection

Ijumaa, 13. Mwezi wa tatu 2026, 10:55:40

Siddhartha Shukla steps down as Lanvin deputy CEO

Jumatano, 11. Mwezi wa tatu 2026, 18:58:18

Suzette Quintanilla sues Shein over unauthorized Selena clothing

Ijumaa, 6. Mwezi wa tatu 2026, 01:39:54

Nestlé reaches $400M deal to sell Blue Bottle cafés to Luckin backer Centurium Capital

 

 

 

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