$261M worth of pedal power | Rapha
Money

Rapha’s buyout by Walmart heirs marks the first M&A deal for an activewear brand in the modern luxury category.

Rapha’s $261M purchase by Walmart heirs Steuart and Tom Walton puts an end to an ‘on again, off again’ sale saga that stretched across nine long months.

READ MORE →
Not Marc Lore | Bonobos
Business

The Bonobos-Walmart saga: Marc Lore is quickly proving to be Walmart’s man of 2017.

There’s been plenty of analysis on the pending deal since last week. Yet one thing is becoming abundantly clear in this narrative: In former Jet.com CEO Marc Lore, Walmart has a snarling e-commerce pitbull. (562 words)

READ MORE →
True Botanicals: Unilever’s newest beauty investment | The Coveteur
Business

If you’re an emerging beauty startup, good news: Unilever is on the prowl.

With their $3M seed round in new beauty upstart True Botanicals plus their billion dollar buyout of Dollar Shave Club, two makes a pattern. (382 words)

READ MORE →