Tag: merger

Retail Asia13/06/2019
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5min0
Brazilian parent of Aesop and the Body Shop to take over 130-year-old Avon business. Cosmetics firm Natura is acquiring Avon Products in an all-share transaction, creating one of the world’s largest “pure-play” beauty groups. The combination of Natura and Avon will create as a multi-brand and multi-channel beauty group with direct connections to consumers on […]

Retail Asia27/12/2018
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3min0
Trussardi, the family-owned Italian luxury brand specialising in leather goods, has been acquired by private equity firm Quattro R, local media reports. BoF has not yet been able to independently confirm the report. According to Italian news site Pambianco, Quattro R will take an 80 percent stake in Trussardi for at least 50 million euros (around […]

Retail Asia19/11/2018
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2min0
Myntra has announced the integration of Jabong with the brand and Ananth Narayanan will continue to lead the team.“Since Myntra’s purchase of Jabong in mid-2016, the two brands have been steadily integrating key business functions and streamlining processes. This has resulted in revenue growth and a significant improvement in the customer experience. As the next step in this process, Myntra […]

Retail Asia08/11/2018
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2min0
Vietnam’s biggest private conglomerate Vingroup has officially confirmed its acquisition of major tech products retailer Vien Thong A. In its financial statement for the third quarter of 2018, Vingroup lists Vien Thong A Import Export Trading Production Corporation as a fully-owned subsidiary. On September 14, Mai Thu Thuy, board member of the Vincom Retail Joint […]

Retail Asia19/05/2015
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2min
Aditya Birla Retail, which owns almost 500 Extra-branded supermarkets and hypermarkets throughout India, is to purchase the rival superstore enterprise Jubilant Agri and Shopper Merchandise. The deal will add 4 Complete Superstore hypermarkets to its community, together with model, warehouse and provide chain amenities. “The acquisition of Complete is an effective strategic match for ABRL […]

Retail Asia07/05/2015
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2min
Future Group, one of India’s highest profile retailers, has agreed to merge its operations with Bharti Retail to create a retail powerhouse with more than 570 stores. Bharti Retail currently runs more than 200 Easyday branded stores of multiple formats across 114 Indian cities, traversing Punjab, Haryana, National Capital Region, Western Uttar Pradesh, Uttarakhand and […]


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