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Bucherer Enters US with Tourneau Purchase
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Swiss watch and jewelry retailer Bucherer has acquiredTourneau, seeking a presence in the NorthAmerican luxury-timepiece market. “With over a century of expertise as the preeminent purveyorof fine watches in the US, Tourneau provides an exciting opportunity for...
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Retail
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Feb 01, 2018
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Rapaport News
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Blue Nile to be Sold for $500M
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Blue Nile agreed to be acquired by a private-equity investor group as the online diamond retailer’s profit slumped in the third fiscal quarter.Bain Capital PrivateEquity and Bow Street will buy all outstanding shares of BlueNile common stock...
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Retail
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Nov 07, 2016
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Rapaport News
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Lion Capital Buys Spence Diamonds, Eyes Expansion
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Private equity firm Lion Capital LLC agreed to buy retailer Spence Diamonds Ltd. of Canada for an undisclosed sum, according to the equity fund's statement. The retailer, founded in 1986, sells custom-made engagement rings and...
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Financial-Legal
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Apr 09, 2015
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Jeff Miller
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Theo Fennell's Loss Narrows, Accepts $4M Buyout
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Theo Fennell plc reported a loss of $1.3 million (GBP 878,616) for the first half that ended on March 30, compared with a loss of $2.6 million (GBP 1.7 million) one year earlier. Revenue declined...
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Financial-Legal
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Aug 01, 2013
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Jeff Miller
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Bidz Vows to Appeal Nasdaq Delist Order
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The Nasdaq notified Bidz.com of being out of compliance and not meeting requirements for independent director and audit committee composition rules. Because of this the company could be delisted from the stock exchange. Bidz.com...
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Financial-Legal
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May 25, 2012
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Ricci Dipshan
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