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Why PVH Sold Its Heritage Brands

Why PVH Sold Its Heritage Brands
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

PVH to sell Izod, Van Heusen and other labels to Authentic Brands for $220M

PVH to sell Izod, Van Heusen and other labels to Authentic Brands for $220M
retaildive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retaildive.com Daily Mail and Mail on Sunday newspapers.

NewsWrap 20 – Select 10: Mergers/Buyouts

Fibre2Fashion Toggle navigation 16 Reliance Retail Ventures acquires Future Group businesses for ₹24,713 cr Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd, in August announced acquiring the retail, wholesale, logistics and warehousing businesses of the Future Group for ₹24,713 crore. The former will have access to 1,800 stores across the group’s Big Bazaar, FBB, Easyday, Central, Foodhall formats across 420 cities. The acquisition was done as part of the scheme in which Future Group merged its grocery, apparel, supply chain and the consumer businesses into Future Enterprises Limited (FEL). The retail/wholesale undertaking of Future Group will be transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a subsidiary of RRVL.

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