Experts say these 9 well-known retail brands are the most promising M&A targets in 2021 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Experts say these 9 well-known retail brands are the most promising M&A targets in 2021

Coronavirus hit retailers hard in 2020, and 2021 is likely to start on a similarly grim note, even for retailers that had viable businesses before the pandemic.

"All the guys in the middle are going to go through the holiday, try to collect as much cash as possible, but then I'm sure there's conversations around one of two things," said Lee Peterson, an executive vice president at WD Partners. "Are you buying a viable brand, or are you buying a place with a brand that has brands?" she said. "You could argue that Macy's still somewhat enjoys its own brand identity, but increasingly, it's not particularly differentiated."

"If you're Lululemon, you're saying 'Oh, maybe I don't want to have so much presence at the mall going forward,'" he said.Reuters Yet the company has made some moves into the digital realm, including an agreement with Microsoft that gives the chain a portion of every game purchase made on all Xbox consoles GameStop sells. E-commerce sales have also grown to nearly one-fifth of total revenue.

"I don't see any reason why The Children's Place or some of these much more specialized players wouldn't be good targets for them, because that seems to be their strategy," she said.Michael Kors, Versace, and Jimmy Choo have struggled in recent months as in-person shopping and international travel has dried up. Capri took its current form in 2018 when Michael Kors bought Italian label Versace and consolidated operations under the Capri name.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Green Thumb is top cannabis stock pick for 2021: Cowen's Viven Azer - Business InsiderA top Wall Street analyst lays out why Green Thumb Industries is the best marijuana stock to buy now, and says it could soar 38% Amazing white folks say it’s illegal lock up people.. many even killed. Then when they feel like it. Say it’s legal and profit unimaginably off it. Check It out..!! I will make professional 3d logo animation videos Contact Me: boom_cm
Source: BusinessInsider - 🏆 729. / 51 Read more »

Robinhood is preparing for its 2021 IPO launch with Goldman Sachs - Business InsiderICYMI: Robinhood's IPO highlights the growing maturity of the wealthtech sector, although other trading apps will likely wait and see how it fares
Source: BusinessInsider - 🏆 729. / 51 Read more »

Finding a new job in 2021: Seasoned recruiter advice - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. AThorkelsson redpointvc wow
Source: BusinessInsider - 🏆 729. / 51 Read more »

Digital Therapeutics (DTx) Market in 2021: Companies & Trends - Business Insider[NEW REPORT] The Digital Therapeutics Report: insider_intel explores how the pandemic has catapulted the global DTx market to reach $56 billion over the next five years
Source: BusinessInsider - 🏆 729. / 51 Read more »

14 of the coolest electric vehicles hitting streets in 2021 - Business InsiderFrom Tesla's wildest Model S yet to GMC's new Hummer, these are the 14 coolest upcoming EVs set to hit the road in 2021 Not a micro cap I wouldn't touch it with a 10 foot poll Get out of all indexes
Source: BusinessInsider - 🏆 729. / 51 Read more »

Challenger banks look to 'unbundling' in search of profits in 2021 - Business InsiderProfits still elude fast-growing challenger banks. Here's why execs and investors say 'rebundling' services will be the major theme in 2021. Hi Sir/Mem, Happy New Year 2021 Do You Want To Create 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Intro Video Intro Youtube Intro Logo Animation 3D Logo Animation Best Logo Animation
Source: BusinessInsider - 🏆 729. / 51 Read more »