Sycamore Partners have expressed interest in Aeropostale, the teen retailer that has recently been dealing with low profits and missed targets when it comes to today’s youth culture. As we note in our 13th Annual Fall Youth Culture Study, released yesterday September 16, the brand had been out of sync with the marketplace for some […]
The sad saga of surf brand Billabong looks like it’s finally coming to some sort of conclusion with its buyer’s bidding wars ending. On April 8, 2013, The Australian reported that Billabong was in talks to be acquired by Sycamore Partners and Paul Naude, who was the former President, for US$297.9 million. Sycamore Partners were […]
Punk rock/Goth inspired retailer Hot Topic just landed a huge deal, getting bought by the private equity firm Sycamore Partners, owners of brands like Talbots, for $600 million. Hot Topic shareholders will get $14 a share as part of the deal, which is a whopping 30% above the closing price yesterday, March 6, 2013. […]