The purchase advances Fairchild’s and WWD’s leadership position in today’s fashion and retail business coverage.
Retail news has been anything but boring this year, as stores shrink, file for bankruptcy, reinvent themselves and partner up. The activity in the market reflects the tumultuous time that apparel retail, in particular, has found itself thanks to new consumer mindsets, increasing demands on supply chains and the speed at which technology is upending the entire industry
Dear Industry Friends,
Since 1985, Delivering Good (formerly K.I.D.S./Fashion Delivers) has been a leading force for mobilizing new product donations from hundreds of companies large and small, bringing hope, dignity and self-esteem to people impacted by poverty and tragedy.
During the past few years, I’ve met with many CEOs and leaders in our industry who have lamented the state of their businesses. While they acknowledged that their business was at risk if radical changes were not made, more often than not, these executives ‘tinkered’ rather than reinvented or radically changed their business structures. For the most part, they were unwilling to endure the pain and angst needed to reverse their companies diminishing future. They were in denial, rationalizing why they couldn’t do what had to be done. A number of these same CEOs are now asking themselves why they didn’t do what they should have done when they should have done it. The reality is that if you don’t deal with your company’s future now, the market will. It’s just matter of time.
Delivering Good (formerly K.I.D.S./Fashion Delivers), will honor four industry leaders at its annual gala fundraiser, to be held on Wednesday, November 8th at the American Museum of Natural History in New York City.
Honorees Chosen: Delivering Good (formerly K.I.D.S./Fashion Delivers) will honor four industry leaders at its annual gala fundraiser on Nov. 8th.
Though it’s teetering somewhere between dead and alive, it seems there’s more than one way to skin a BAT.
The expectation is there will be some form of taxation to raise revenues so the corporate tax rate can be lowered.
Congratulations MMG for winning North America Deal of the Year!
To see more of the winners please go to: 9th Annual International M&A Awards
New York, NY, June 13th, 2017 – The M&A Advisor announced the winners of the 2017 International M&A Awards at the 9th Annual Awards Gala to a spirited crowd who gathered from around the world at The New York Athletic Club on Monday evening, June 12th.
“Since the introduction of the International M&A Awards in 2009 we have continued to witness the growth of cross border M&A outpace that of domestic dealmaking volume. And we attribute this to the new generation of global M&A experts whose intimate knowledge and expertise in the cultural, financial and legal arenas are redefining our industry,” says David Fergusson, President and Co-CEO of The M&A Advisor. “The 2017 International M&A Award winners represent the best of the international M&A industry in 2016 who earned these honors by standing out in a group of very impressive finalists.”
New this year, the qualifying criteria have been significantly expanded beyond cross border transactions to include deals that feature multinational corporations, international expansion of product and service markets, and/or stakeholders from more than one country. While no longer requiring that one of the parties is a US company, the broader effect of globalization through international dealmaking was reflected in the new qualification rules.
The 9th Annual International M&A Awards Gala honored the leading deal teams, firms and professionals whose activities set the standard for international M&A transactions. Over 260 companies, representing every major market in the world, became finalists for the awards. An independent judging committee of 23 top M&A industry experts determined the ultimate recipients of the awards which were revealed “Academy-Award style” at the gala.
For more information, please visit www.maadvisor.com or contact The M&A Advisor at 212-951-1550.
THE M&A ADVISORFounded in 1998, The M&A Advisor was the first dedicated media company to offer insights and intelligence on mergers and acquisitions. As the world’s premier think tank and leadership organization for M&A, restructuring and corporate finance professionals, the firm provides a range of integrated services including: The M&A Advisor Forums and Summits; The M&A Advisor Market Intelligence; M&A.TV.; The M&A Advisor Live; The M&A Advisor Awards; and The M&A Advisor Connects. To learn more about the company’s Leadership Services visit www.maadvisor.com
Media Contact:Liudmila Pisareva
The M&A Advisor
lpisareva@maadvisor.com
T. 212-951-1550
As the fashion and retail landscape continues to evolve at warp speed, “old guard” vendors and newer digitally native e-commerce companies are rapidly converging at an M&A intersection of mutual need. While online players offer the right combination of technology, data-driven consumer insights and social engagement as well as aesthetics, established, traditionally rooted firms bring operational excellence, product development and sourcing capabilities, in addition to sorely needed working capital.
Veteran brands and labels would be wise to find a next-gen partner to intelligently enter the digital fray as it is often cheaper to buy it than to build it.
Back in 2014, Forever21 introduced a new retail-only brand called F21 Red, which was created to stock exclusively pieces in the "entry-level category price points" of its inventory, according to founder and CEO Don Chang. This offshoot lowered the range of an already notoriously cheap fast-fashion company even more: Prices start at $1.90 for camis, $3.90 for T-shirts, $5.90 for tank tops, and $7.90 for denim.
The web giant’s private-label push is emphasizing basics, but it’s still not clear just where Amazon is headed.
Matt Kaden, Managing Director of MMG Advisors, a boutique investment bank focused in fashion apparel and related consumer products, joins Pavan Bahl, Rob Sanchez, and Marc Raco on location at the 2016 FashInvest Fashion Tech investment Conference in New York City.
There’s a better modus operandi for ensuring the success of direct-to-consumer brands and related fashion tech companies born digital.
Having strategically advised companies in this “new economy” and with a deep expertise in the traditional fashion industry, I’m proposing a new paradigm where smart “disruptors” strategically align with “disrupted” wholesalers/importers earlier in their business life cycles. These new disruptors will be better positioned for the long-term by being acquired by, or joint venturing with, more traditional strategic players sooner rather than later.
Nike recently formed a strategic partnership with affiliates of Apollo Global Management to create a new supply chain company designed to greatly enhance regional manufacturing capabilities and enable quicker delivery of more customized product to consumers, while driving investment in sustainability.
At Nike, the desire to move faster and be more reactive to consumers has led to something that just might be a game changer beyond its own business - the company is contributing its know-how to a new venture with private equity giant, Apollo, which is working to build a quick-turn, Americas-centric supplier that could grow into an apparel giant…
Funds affiliated with Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and NIKE, Inc. (NYSE: NKE) today announced that Nike and affiliates of Apollo have entered into a strategic partnership regarding the apparel supply chain in the Americas.This innovative strategic partnership will increase regional manufacturing capabilities, enable quicker delivery of more customized product to consumers and drive investment in sustainability.
His roll will be to develop the company's e-commerce and contemporary market presence.
Kaden cofounded his own firm, Matter Strategic Advisors, which focused on helping companies strategically plan for business growth or exit. He facilitated strategic partnerships, including M&A, joint ventures and creative licensing to solve complex business challenges for his clients. It was during this time that he forged a strong working relationship with MMG.
NEW YORK, April 18, 2016 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a subsidiary of Alleghany Corporation (NYSE:Y), today announced that it has acquired a majority interest in Jazwares, LLC ("Jazwares" or the "Company"), a leading toy and consumer electronics company based in Sunrise, Florida. Alleghany Capital acquired an initial interest in Jazwares in July 2014.
Congratulations MMG for winning Corporate and Strategic Acquisitions of the Year (over $25mm-$50mm) Award! To see more of the winners please go to: 8th Annual International M&A Awards
New York, NY, April 13th, 2016 – The M&A Advisor announced the winners of the 2016 International M&A Awards at the 8th Annual Awards Gala to a spirited crowd who gathered from around the world at The New York Athletic Club on Tuesday evening, April 12th.
“With cross border M&A volumes at record levels, we attribute the continued increase in transnational dealmaking to the new generation of global M&A experts whose intimate knowledge and expertise in the cultural, financial and legal arenas are redefining our industry,” says David Fergusson, President and Co-CEO of The M&A Advisor. “The 2016 International M&A Award winners represent the best of the cross border M&A industry in 2015 who earned these honors by standing out in a group of very impressive finalists.”
The 8th Annual International M&A Awards Gala honored the leading deal teams, firms and professionals whose activities set the standard for cross border M&A transactions. This year, over 250 companies, representing every major market in the world, became finalists for the awards. An independent judging committee of 19 top cross border M&A industry experts determined the ultimate recipients of the awards which were revealed “Academy-Award style” at the gala.
In addition to the announcement of the 2016 International M&A Awards winners, the 2016 Leadership Awards for excellence in international mergers and acquisitions were presented to Gregory Bedrosian, CEO and Managing Partner, Redwood Capital; and Martyn Curragh, Global Private Equity Leader and U.S. Deals Leader at PwC