Industry News

G-III Apparel Group, Ltd., a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton, the world’ s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million, subject to customary..."/>
G-III to Acquire Donna Karan International from LVMH
Ford Motor Co. has vetoed an earlier decision of its Indian unit to participate in a consortium that was to create a supplier base for critical hybrid and electric vehicle parts, dealing a blow to India's plans to boost electric vehicle production. Ford India will now have to withdraw from the programme, said three people familiar with the matter, all of whom requested anonymity. "The direction that has come from the headquarters suggests that the programme is..."/>
Ford India exits electric vehicle consortium [Mint, New Delhi]
Should you look at alternative loans? [Mint, New Delhi]
Univision, the largest Spanish-language TV network in the world, had acquired a majority stake in The Onion, many who glanced at the headline assumed it was just another of the popular website's satirical essays. But anyone who had been paying attention to what Univision Communications Inc. had been doing over the past two years knew the news was no joke. Since launching the English-language TV network and website Fusion in 2013..."/>
At Univision, Fusion forges ahead to court millenials [The Miami Herald]
Race to Forget
China Creative Global Holdings Limited, a leading manufacturer of branded electric fireplaces, air purifiers and home decor products in the PRC today launched new product-Allen fresh air system. Fresh air system is an open circulatory system, a new form of indoor ventilation that enables consumers to breathe fresh and clean air of high quality indoors. Chinese fresh air system market is witnessing a rapid growth now. The gross sales of fresh air system in..."/>
China Creative Global Holdings Launched New Product-Fresh Air System To Further Expand Air Purifiers Business
Dick's Sporting Goods-- the catalyst for the transformation of a long-dormant east Bloomington shopping center-- will open in mid-August. Dick's is among several national brand stores, including PetSmart and DSW, opening at the former Colonial Plaza. Its new name, Empire Crossing, 1608 E. Empire St., reflects its retail rebirth."/>
Empire Crossing preps for store openings [The Pantagraph, Bloomington, Ill.]
Isle credit card sales up [The Honolulu Star-Advertiser]
Dick's Sporting Goods to make his purchase. But Whipple also plays Pokémon Go."/>
Malls welcome Pokemon Go players, who often become customers, too [The Buffalo News, N.Y.]
Sovran Self Storage decided they needed a common name for all of those stores. Until then, Sovran had been content to run its 30 or so stores by their individual names, but as the company grew, it made sense to have a single name, both for branding purposes and so the company's advertising-- mainly in the Yellow..."/>
The Buffalo News, N.Y., David Robinson column [The Buffalo News, N.Y.]
Hancock Fabrics go out of business in April. Both stores, just a few hundred yards from each other, closed after their parent companies declared bankruptcy, and Boorman said he thinks the space will work for a..."/>
Brokers scrambling to fill big-box vacancies on bustling Billings West End [Billings Gazette, Mont.]
Centene Corp., which plans to add more than 1..."/>
Is Clayton emerging as the St. Louis region's new 'downtown'? [St. Louis Post-Dispatch]

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