C&A, one of the biggest clothing retailers in Brazil, has started procedures for an initial public offering (IPO) on the country’s B3 stock exchange, according to a securities filing released on Thursday.
J. Crew Group Inc has hired investment banks to prepare for an initial public offering of its Madewell apparel business, as the U.S. clothing chain seeks ways to revive its fortunes, sources said on Thursday.
Permira will help the 10-year-old Los Angeles-based brand to achieve its growth plans, expand its e-commerce strategy and retail footprint both domestically and internationally, and launch new product categories.
Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.
Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years.
The Americans jeans maker said on Monday it expects to raise as much as $587 million through an initial public offering, giving it a value of up to $6.17 billion as it returns to the market after three decades.
Walmart will consolidate advertising sales for its stores and websites, it said on Tuesday, aiming to boost profits from, as the world’s largest retailer competes with marketing titans Amazon and Google.