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New Era finalizes its acquisition of '47

Lifestyle brand New Era Cap, LLC has officially completed its acquisition of '47, a privately owned high-end sports lifestyle brand. Neither brand disclosed the financial details of the deal. The newly merged entity, bringing together two unique family-founded brands, is projected to generate around 2 billion US dollars in yearly revenue and...

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Report

Arcadia Group to be repaid 35 million pounds from BHS

London - Despite a 571 million pound deficit in BHS pension fund, Sir Philip’s Green Arcadia Group is set to recover 35 million pounds from the collapsed retail group. Administrators overseeing the liquidation, Duffy & Phelps, have confirmed the repaid and a report sent to the Companies House says Arcadia Group “will be repaid in full,” from the...

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