The disputes between Park City Mountain Resort and Vail Resorts have been resolved as of September 11, 2014 with the announced that Vail Resorts would acquire Park City for $182.5 million. In addition, next season Park City will connect to the beloved Canyons to produce a super resort of more than 7,000 acres of snowboarding […]
Tag: financial
Park City Purchased by Vail for $182.5 Million–Plans to Connect to The Canyons to Form a Super Resort
Snapchat Spat-Back Facebook’s $3 Billion Offer While Youth Markets Remain Key Asset
Facebook’s clearly losing its cool, and as we’ve revealed in our Fall Youth Culture Study 2013, there are other social networks that are taking over what was once considered insurmountable. With the recent news that Snapchat refused a $3 billion offer from Facebook, it’s making Facebook look even more like a MySpace. Even though Facebook […]
Abercrombie & Fitch Faces Tough Back-to-School Season, Low Q2 Results, With Hollister Taking Biggest Hit
With the Q2 financial results coming out among various publicly held teen retailers, it’s very telling that we’re still not out of an economic quagmire when it comes to changes in shopping patterns among youth culture today. In our upcoming Fall Youth Culture Study 2013, we get right at this point with even more data, […]
Rent the Runway Buys Go Try It On—How Fashion-Tech Plays Into the Future of Fashion
There have been many great ideas in the past few years with fashion moving online, including trade shows, that have been generating considerable start-up capital. Two of those, Rent The Runway and Go Try It On, have just joined forces. Rent The Runway, which offers up designer clothing and accessories for low-cost rental for 4 days […]
Buy-out Fever: Collective Brands’ Performance and Lifestyle Group, Including Keds, Sperry Top-Sider, Saucony, Bought by Wolverine (Owners of Merrell) for $1.2 Billion
In a compelling buy-out of the Collective Brands stable, Wolverine, along with Blum Capital Partners and Golden Gate Capital is buying the Collective Brands’ Performance and Lifestyel Group of brands including Sperry Top-Sider, Saucony, Stride Rite, and Keds for $1.23 billion. This will bring the Wolverine stable of brands, which includes Merrell, Caterpillar, and Hush […]