Department Stores

H.I.G. WhiteHorse Supports Waterland’s Buyout of RUF Group

Retrieved on: 
Wednesday, March 16, 2022

is pleased to announce that it has arranged a financing package for RUF Group (RUF or the Company), backing its buyout by Waterland, a leading top-tier European private equity investment group.

Key Points: 
  • is pleased to announce that it has arranged a financing package for RUF Group (RUF or the Company), backing its buyout by Waterland, a leading top-tier European private equity investment group.
  • The Company sells its products via two brands RUF Betten and BRUNO, a leading online brand.
  • WhiteHorse will make a significant contribution to the success of our buy & build strategy at RUF Group.
  • WhiteHorse Europe, said: We are very excited to support Waterland with flexible capital that not only supports the acquisition of RUF, but also meets the Companys growth aspirations.

Macy’s Introduces Its Brand Platform: Own Your Style

Retrieved on: 
Tuesday, March 15, 2022

Macys today announced the launch of its brand platform Own Your Style empowering customers to celebrate their individuality and personal style through Macys curated assortment of the best brands and latest trends.

Key Points: 
  • Macys today announced the launch of its brand platform Own Your Style empowering customers to celebrate their individuality and personal style through Macys curated assortment of the best brands and latest trends.
  • View the full release here: https://www.businesswire.com/news/home/20220315005953/en/
    Macy's introduces its brand platform: Own Your Style (Photo: Business Wire)
    Style is unique to the individual.
  • Macy's is reintroducing Macys Style Crew, a diverse community of passion-filled, style loving colleagues.
  • Macys, the largest retail brand of Macys, Inc. (NYSE: M) serves as the style source for generations of customers.

Female-Founded Leading Coffee-Alternative Rasa Raises $3,250,000 from 2,000+ Retail Investors

Retrieved on: 
Tuesday, March 15, 2022

Rasa , a Public Benefit corporation making the worlds first energizing, caffeine-free coffee alternative, has raised $3.25M from 2,000+ retail investors.

Key Points: 
  • Rasa , a Public Benefit corporation making the worlds first energizing, caffeine-free coffee alternative, has raised $3.25M from 2,000+ retail investors.
  • Rasa opened its community investment round on Wefunder in preparation for the rapid expansion of its subscription business.
  • Founded by Lopa van der Mersch in 2018 in her own kitchen, Rasa has bootstrapped the company to $10M in cumulative revenue and 10M+ cups served.
  • This notable ranking puts Rasa in the top 2% of more than 600 active equity crowdfunding campaigns currently rated by KingsCrowd.

Aerie Flips the Social Media Algorithm Positive for Spring 2022

Retrieved on: 
Tuesday, March 15, 2022

As we build on the strength of Aerie, we are committed to helping our community find their happy and prioritize positivity, said Jennifer Foyle, President - Executive Creative Director, AE & Aerie.

Key Points: 
  • As we build on the strength of Aerie, we are committed to helping our community find their happy and prioritize positivity, said Jennifer Foyle, President - Executive Creative Director, AE & Aerie.
  • We know that social media can have a negative impact, which is why we are creating a safe and happy space that fosters healthy conversations and cultivates a positive social scroll for our Aerie community.
  • For more information on Aeries Spring 2022 initiatives including details on attending The Happy Spot, head over to #AerieREAL Life .
  • American Eagle and Aerie merchandise also is available at more than 200 international locations operated by licensees in 25 countries.

Keys Soulcare Shines at Full Wattage Making its Canadian Debut Exclusively at Sephora Canada

Retrieved on: 
Tuesday, March 15, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220315005583/en/
    Its a soul-lifting day in Canadian beauty as Keys Soulcare, the lifestyle beauty brand created by Grammy-winning artist, producer, entrepreneur and New York Times bestselling author Alicia Keys, launches exclusively at Sephora Canada.
  • Keys Soulcare offerings will be available for purchase at Sephora.ca and through the Sephora app.
  • Were thrilled to welcome Keys Soulcare to the Sephora Canada family, said Jane Nugent, Senior Vice President Merchandising, Sephora Canada.
  • Keys Soulcare is a lifestyle beauty brand created with artist, producer, entrepreneur and New York Times best-selling author Alicia Keys.

Adobe: U.S. Consumers Spent $1.7 Trillion Online During the Pandemic, Rapidly Expanding the Digital Economy

Retrieved on: 
Tuesday, March 15, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220315005468/en/
    After two years of the pandemic (March 2020 through February 2022), U.S. consumers spent $1.7 trillion online, $609 billion more than the two preceding years.
  • As the digital economy shifts to more personalized customer experiences, Adobe expects the annual online spend in the U.S. to surpass $1 trillion for the first time in 2022.
  • And as the digital economy expands, new Adobe data reveals trends and new consumer shopping behaviors:
    Of the $1.7 trillion spent by consumers, $32 billion was driven by higher prices.
  • Inflation has not deterred demand, however, with the same two months driving $138 billion in online spend, up 13.8% YoY.

Quotient Launches Multi-Touch Media Measurement For Retail Media

Retrieved on: 
Tuesday, March 15, 2022

Quotient (NYSE: QUOT), the leading digital media and promotions technology company, today announced that its new impression-based multi-touch media measurement methodology is now available for all of its clients across on- and offsite display, digital out-of-home and sponsored search media channels via Quotient analytics.

Key Points: 
  • Quotient (NYSE: QUOT), the leading digital media and promotions technology company, today announced that its new impression-based multi-touch media measurement methodology is now available for all of its clients across on- and offsite display, digital out-of-home and sponsored search media channels via Quotient analytics.
  • Quotient held an early adopter program in July 2021 with a select number of cross-industry brands.
  • This launch is a reflection of our continued product innovation to further our omnichannel capabilities and differentiate our retail media platform.
  • Quotient (NYSE: QUOT) is the leading digital media and promotions technology company for advertisers, retailers and consumers.

Kohl’s Recognized by Ethisphere as One of the 2022 World’s Most Ethical Companies

Retrieved on: 
Tuesday, March 15, 2022

For the fourth consecutive year, Kohls (NYSE: KSS) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 Worlds Most Ethical Companies .

Key Points: 
  • For the fourth consecutive year, Kohls (NYSE: KSS) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 Worlds Most Ethical Companies .
  • Since 2007, the Ethisphere Institute has honored companies for setting the global standards of business integrity and corporate citizenship.
  • Kohls is honored to be recognized for the fourth consecutive year as one of the Worlds Most Ethical Companies, which showcases our value-based culture with ethics and integrity at the forefront.
  • To view the full list of the 2022 World's Most Ethical Companies, see here .

Tilly’s, Inc. Board of Directors Authorizes Share Repurchase Program

Retrieved on: 
Monday, March 14, 2022

Tillys, Inc. (NYSE: TLYS, the Company) announced today that its Board of Directors has authorized a share repurchase program (the Program), pursuant to which the Company may repurchase up to two million shares of the Companys Class A common stock over the next twelve months through March 14, 2023.

Key Points: 
  • Tillys, Inc. (NYSE: TLYS, the Company) announced today that its Board of Directors has authorized a share repurchase program (the Program), pursuant to which the Company may repurchase up to two million shares of the Companys Class A common stock over the next twelve months through March 14, 2023.
  • The Company is not obligated to repurchase any specific number or amount of shares of Class A common stock pursuant to the Program, and it may modify, suspend or discontinue the Program at any time.
  • Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
  • Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.