Big week for notable M&A activity as Foremost 50 (’19 & ’20) brand, Dia&CO, was acquired by FullBeauty Brands and ABG looks set to acquire Champion from HanesBrands. In other news, the trend of creative partnerships continues as Madewell partners with McNally Jackson for an in-store pop-up of coffee table books and Alo partners with Beats by Dr. Dre on earphones. Meanwhile, Beyoncé’s new album is likely to significantly boost an already rising western wear trend.
- Madewell created a display of coffee table books in its Manhattan flagship store in partnership with McNally Jackson. Customers can browse the books in the store and purchase them online via a QR code. Madewell followed the lead of Filson, a premium outdoor clothing brand which partnered with The Strand over the holidays. (Retail Brew)?
- Alo Yoga is partnering with Beats by Dr. Dre on Beats x Alo Special Edition Fit Pro true wireless earphones. The collaboration’s campaign features Alo’s Mindfulness in Motion partner, Grammy Award-winning artist Tyla. (WWD)
- Western wear brands have been riding an Americana wave for at least five years now. However, Beyoncé's new country album will likely give the trend a major boost and bring a new demographic to the style. (Business of Fashion)
- Tommy Hilfiger is bringing back archival pieces from its 1996 “International Games” capsule collection to celebrate this year’s Summer Olympic Games. The new collection is modeled by some of today’s most popular sports stars. (Glossy)
- Foremost 50 brand, With Clarity, has debuted its first luxury and lab-grown diamond jewelry store in SoHo NYC. (Forbes)?
- Trend forecasting firm, WGSN has launched a New TikTok Analytics Tool that assesses viral trends - it identifies a trend's origin, provides insight into how long a given trend will last and where it will lead next. (WWD)
Powered by the latest location analytics, Placer.ai analyzed over 3,000 shopping centers across the U.S. and dive into trends driving mall traffic and changes in consumer behavior. Discover how malls are using strategies such as experiential retail, entertainment, pop-ups, and luxury offerings to attract shoppers in 2024.
- Dia & Co (plus-sized retailer) was acquired by FullBeauty Brands, which had previously purchased size-inclusive firms Elloquii and Cuup.
- Authentic Brands Group initially agrees to buy Champion from HanesBrands Inc.
- Full Glass Wine acquires DTC wine subscription brand Bright Cellars.
- SaaS startup SingleInterface raises $30M to help more businesses get online.
- Burton James Inc. (home furniture brand) was acquired by Made Goods.
- Tru Fragrance & Beauty was acquired by Monogram Capital Partners.
- Catch Co. (portfolio fishing brands) assets were acquired by Gordon Brothers.
- Scent Lab (DTC candles) raised capital from Midnight Venture Partners.
- GROWN ALCHEMIST (skincare) sold a majority stake to André Hoffmann.
- Kidsy (baby products) raised $1M+ from Impellent Ventures.
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