L Catterton buys majority stake in beauty brand KIKO

L Catterton buys majority stake in beauty brand KIKO

L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand. In 2023, Kiko recorded net...
Sycamore vies to take Nordstrom private

Sycamore vies to take Nordstrom private

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the...