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L’Occitane Combines CEO and Managing Director Roles

Retail TouchPoints

The L’Occitane Group has streamlined its leadership structure, combining the responsibilities of CEO and Group Managing Director and naming current Group Managing Director Laurent Marteau as its new Group CEO. Marteau joined L’Occitane as Group Managing Director in 2022.

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Wealth Managers: Impact-Oriented Investors Need Your Help

Forrester eCommerce

Impact-Oriented Investors Are Waiting For A Reason To Take The Plunge Data from Forrester’s Financial Services Benchmark Recontact Survey, 2022, found that 15% of US online adult investors own sustainable investment products — a group we call “sustainable investors.” But wealth managers should also […]

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New KnitWell Group Encompasses Ann Taylor, Loft and Talbots Brands

Retail TouchPoints

Sycamore Partners has created a new holding company for its Ann Taylor , Loft and Talbots brands, the KnitWell Group , which will also provide oversight and shared services to the plus-size women’s apparel brand Lane Bryant. Sycamore had bought the brands from Ascena Retail Group for $540 million in November 2020.

Apparel 262
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Nordstrom Accentuates Brand Diversity with Folklore Group Partnership

Retail TouchPoints

Nordstrom will work with The Folklore Group to better identify and engage with fashion and lifestyle brands founded by Black, Latinx, Asian and other people of color as well as those located in emerging markets.

Fashion 293
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Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management

Retail TouchPoints

The senior management team of Franchise Group , led by the company’s CEO Brian Kahn along with a consortium of financial partners that includes B. In total, Franchise Group currently operates more than 3,000 locations, predominantly in the U.S., that are either company-run or operated by franchisees or dealers.

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Alibaba Adds Taobao and Tmall Ecommerce Group to Eddie Wu’s Portfolio

Retail TouchPoints

Alibaba Group has given Eddie Wu, already Group CEO and head of the Alibaba Cloud unit, responsibility for its biggest revenue generator, the Taobao and Tmall Group (TTG). In March 2023 Alibaba restructured itself into six distinct businesses in a bid to drive agility and shareholder value.

eCommerce 147
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Report: Frasers Group Acquires Missguided for $25.1 Million

Retail TouchPoints

UK-based Frasers Group , parent company of Sports Direct , House of Fraser and Flannels , has reportedly acquired digital fashion retailer Missguided for $25.1 Frasers Group wasn’t the only company interested in Missguided. Frasers Group also has acquired other struggling brands including Evans Cycles , Jack Wills and Studio Retail.

Fashion 308