SourcingOct 15, 2024
Petra’s Sale of Koffiefontein Diamond Mine ApprovedThe mining company is set to hand over the South African diamond mine to an affiliate of Stargems Group by the month’s end.
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63 results for “Mergers & Acquisitions”
SourcingOct 10, 2024
Lucara Sells Clara to Its Original FoundersCEO William Lamb said divesting the diamond sales platform allows the company to focus on the underground expansion of Karowe.
WatchesOct 04, 2024
Watches of Switzerland Clocks Another Acquisition—HodinkeeThe company said Benjamin Clymer will return to his role as head of the watch news website, which will maintain editorial independence.
MajorsSep 18, 2024
Richemont Shuffles Leadership at VhernierThe luxury giant recently completed its acquisition of the Italian jewelry brand.
MajorsSep 05, 2024
Nordstrom Family Offers to Buy Namesake Retailer for $3.8BMembers of the founding family partnered with Mexican retail company El Puerto de Liverpool to possibly take Nordstrom private.
MajorsJul 29, 2024
Saks Global to Lay Off About 100 Employees, Reshuffle ExecutivesThe moves follow parent company HBC’s $2.65 billion offer to buy rival Neiman Marcus.
MajorsJul 24, 2024
Jewelers Mutual Acquires Pawnbroker Insurance ProviderUnion Life & Casualty will join JM Insurance Agency Partners, expanding the provider’s pawnbroker coverage.
MajorsJul 16, 2024
Macy’s Ends Buyout TalksThe retailer will not be making a deal with Arkhouse Management and Brigade Capital Management, opting to focus on its turnaround plan.
MajorsJul 16, 2024
Pomellato Acquires Valenza Setting LabThe Kering-owned brand bought VSL to reinforce its manufacturing capabilities.
MajorsJul 05, 2024
Saks Fifth Avenue Owner to Acquire Neiman MarcusThe deal is valued at $2.65 billion.
MajorsJul 03, 2024
Ostbye & Anderson Acquires Fellow Midwest ManufacturerThe Minneapolis-based company bought Victor Corporation, which has been making jewelry in Cincinnati since 1946.
SourcingMay 20, 2024
Anglo American Confirms It Is Looking to Sell De Beers The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
FinancialsMay 17, 2024
Watches of Switzerland’s Fiscal-Year Sales Flat Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
SourcingMay 16, 2024
Lucapa to Shed Stake in Lesotho Diamond Mine The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
ColumnistsMay 15, 2024
Squirrel Spotting: Why Retailers Struggle to Fire BrandsWhy do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
MajorsMay 09, 2024
Watches of Switzerland Pays $130M for Roberto Coin Inc.The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
MajorsMay 07, 2024
Richemont Acquires Italian Jeweler VhernierThe branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
SourcingApr 26, 2024
Anglo American Reportedly Shopping De Beers as BHP Eyes Anglo Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
MajorsApr 19, 2024
Unique Designs Acquires China PearlThe move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
MajorsApr 11, 2024
Macy’s Opens Books for Possible BuyoutThe retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
MajorsMar 26, 2024
Nordstrom May Go Private, Says ReportThe retailer previously turned down an $8.4 billion offer in 2018.
MajorsJan 23, 2024
Macy’s Rejects Billion-Dollar Buyout Offer The retailer said Arkhouse Management and Brigade Capital Management failed to provide evidence of a viable plan to finance the deal.
MajorsJan 18, 2024
Quality Gold Is Making Another AcquisitionIt is buying Swiss Crown USA, a wholesaler that specializes in independently certified pre-owned Rolexes.
WatchesDec 14, 2023
Breitling Just Bought a 129-Year-Old Watch Brand Universal Genève is a collectors’ favorite that’s been around since 1894.
MajorsDec 13, 2023
Macy’s Has Received a $5.8B Buyout Offer, Sources SayThe storied retailer has been struggling in the face of online competition.
