Consolidated net sales and comparable sales for the footwear retailer both decreased, but the Macy's business increased 5.6%. Finish Line also adds Target Chief Technology Officer Faisal Masud to the Board.
SAP, Europe’s biggest technology company, has agreed to buy U.S.-Israeli customer identity software company Gigya to strengthen its position in the booming market for online customer relationship marketing.
UK-based Castore, the premium men’s activewear brand, has raised £1.2 million from investors including New Look founder Tom Singh as it rolls out globally and targets a market gap for higher quality products.
Sea, a Southeast Asian startup backed by Tencent, has filed for a U.S. IPO of up to $1 billion. Similar to Tencent, it has built a platform spanning retail and payments around a profitable gaming business.
Unilever has agreed to buy cosmetics firm Carver Korea for 2.27 billion euros ($2.71 billion) from Goldman Sachs, Bain Capital and the company’s founder as it expands its beauty and personal care business.
The French brand announced that it has taken direct control of its activities in Spain. After a deal with the Basi family, Lacoste controls 100% of BASI Group, which oversaw the brand's Spanish operations since 1962.