Unified Commerce Group news and archive

Frank and Oak IP to be sold to Lamour Group and Thread Collective

Following the announcement of widespread store closures, it appears Frank and Oak may have stumbled upon a light at the end of the tunnel. The Canadian lifestyle brand is believed to have found a buyer for its intellectual property. According to a press release seen by CBC, the company says the Superior Court of Quebec has approved the sale of...

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Frank and Oak brings forward US store closures amid tariff ‘uncertainty’

Canadian retailer Frank and Oak has confirmed plans to close all of its stores across the US as part of an ongoing liquidation process. In a statement on its website, the company said operations in the region will shutter by the end of April 2025. This is an earlier date than planned. According to Frank and Oak, the shuttering “was moved up due...

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Unified Commerce completes majority investment in Böhme

Retail platform Unified Commerce Group (UCG) has closed its investment in Utah-based womenswear retailer Böhme. The direct-to-consumer operator said in a statement that it increased its investment in Böhme this month, after an initial investment in early 2024, to become the majority shareholder in the retailer founded by Vivien and Fernanda Bö...

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Unified Commerce acquires Greats and invests in Böhme

Unified Commerce Group (UCG) has acquired sneaker brand Greats from Steve Madden, which it bought in 2019, and announced a strategic investment in Utah-based womenswear retailer Böhme. The direct-to-consumer operator didn’t disclose the sale price for Greats, just that the Brooklyn-born sneaker brand would become the third brand in its portfolio...