More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis...
Despite its status as a global private equity firm on a par with KKR and Carlyle, Apollo is a relatively unfamiliar name in Japan. Headquartered in a skyscraper on New York’s 57th Street, otherwise known as Billionaires’ Row, alternative investment manager Apollo...
Wrapping up 2020, this will certainly be a year to remember. Vaccines for Covid-19 are now coming out and we will soon have the privilege to sit back, take a deep breath and say “wow, what a year!” The cross-border M&A between the U.S. and Israel continued to be...
A private equity firm connected to Sir Terry Leahy is in talks to buy one of Britain’s biggest plumbing merchants. City sources said Clayton Dubilier & Rice – which employs the former chief executive of Tesco as an adviser – is one of three buy-out firms toughing...
In 2021, the gap between winners and losers in fashion is expected to widen further, creating the conditions for a wave of consolidation in the industry, according to a joint report by consulting firm McKinsey and trade publication Business of Fashion (BoF).... 