/ E-Retailers

Apparel chain retailer Express eyes a public offering

Express Parent, a multichannel retailer of apparel for young women and men in their 20s and 30s, is planning an initial public offering. For the first nine months of 2009, web sales grew year over year 440.2% to $55.1 million.

Posted 02/17/2010Mark BrohanPost a comment

/ E-Retailers

Second quarter sales fall across all channels at Talbots

Web sales declined 41% in the second quarter at Talbots, while total sales decreased 23% and comparable-store sales fell 24.9%. Talbots expects a web site redesign will eventually drive more direct sales as the web continues to outpace catalog sales.

Posted 09/16/2009Bill BriggsPost a comment

/ Technology

Advent International seals a deal to acquire Charlotte Russe

The Boston private equity firm, which invests in specialty retail chains, will acquire Charlotte Russe in a deal valued at $380 million. The deal has been approved by each company’s board of directors.

Posted 08/24/2009Katie DeatschPost a comment

/ E-Retailers

Golden Gate completes its deal to acquire Eddie Bauer

A month after Eddie Bauer filed for bankruptcy, a court has approved a deal by Golden Gate Capital to acquire the retailer for $286 million in cash. It`s Golden Gate’s second major retail acquisition this summer.

Posted 07/24/2009Don DavisPost a comment

Related Searches:Eddie Bauer

/ Technology

Golden Gate Capital to acquire Eddie Bauer for $286 million

The private equity firm has won the bankruptcy auction of outdoors apparel and gear retailer Eddie Bauer with an all-cash bid. Golden Gate will maintain the substantial majority of Eddie Bauer’s stores and employees in a newly formed company.

Posted 07/17/2009Katie DeatschPost a comment

Related Searches:Crosstown Traders | Eddie Bauer

/ E-Retailers

German cataloger will keep Venus Swimwear afloat

German apparel retailer Bon Prix has bought a substantial portion of the assets of Venus Swimwear and plans to continue to operate the catalog and online retailer, the company’s receiver said today.

Posted 07/10/2009Katie DeatschPost a comment

Related Searches:Venus Swimwear

/ E-Retailers

Web sales fall but not as far as other channels for Talbots in Q1

E-commerce revenue declined by 11.7% in the first quarter as total sales and comparable-store sales decreased 26.2% and 26.9%, respectively. Direct sales, which include catalog and web, declined 28.6%.

Posted 06/23/2009Mark BrohanPost a comment