Macy’s Dismisses $5.8B Buyout Offer From Arkhouse and Brigade

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Thursday, January 25

Financial

Macy's Dismisses \\$5.8B Buyout Offer From Arkhouse and Brigade

The real estate-minded Arkhouse said it might be able to increase the offer if the department opened up for due diligence.

Designer and Luxury

EXCLUSIVE: Adrian Cheng Has Big Ambitions for 1017 Alyx 9SM

The Asian business titan and designer Matthew M. Williams plan to diversify the product offer and ramp up direct-to-consumer channels.

Retail

Kering Pays \\$963 Million for Prime Fifth Avenue Property

The luxury conglomerate purchased 715-717 Fifth Avenue, which could eventually house some of its designer brands.

Financial

Salomon Owner Amer Sports Looks to Raise Up to \\$1.8 Billion in IPO

The company kicked off its IPO with plans to offer 100 million ordinary shares priced between \\$16 and \\$18 each.

DEAL OF THE WEEK

Vestiaire Collective Launches Community Equity Fundraising Round

The luxury resale platform is opening up its shares to its community as it nears profitability and looks toward an IPO.

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