Content about Sycamore Partners

May 27, 2014

Aeropostale has added Stefan Kaluzny, managing director at Sycamore Partners, and Julian Geiger, former director and CEO of Crumbs Bake Shop and former chairman and CEO of Aeropostale, to its board of directors.

April 30, 2014

Teen specialist Aéropostale lent credence to the “malls are dying” voices by announcing the closure of 125-mall based stores and the elimination of 100 headquarter positions.

March 14, 2014

After a 15% fourth quarter same store sales decline Aeropostale is looking to accelerate the pace previously announced store closures, further reduce an already limited store expansion program and has secured new financial flexibility from a private equity firm.

December 20, 2013

The Jones Group has accepted a buyout offer of $15 per share in cash, or a total of approximately $1.2 billion, from private equity firm Sycamore Partners. Upon completion of the deal, Jones, whose brands include Nine West, Anne Klein and Easy Spirit, will become a privately held company.

June 12, 2013

Sycamore Partners has acquired mall- and Web-based specialty retailer Hot Topic and its Hot Topic, Torrid and Blackheart concepts for approximately $600 million.

March 7, 2013

Sycamore Partners has agreed to acquire teen retailer Hot Topic for approximately $600 million, or 14 cents per share in cash.

August 7, 2012

Private equity firm Sycamore Partners, which has wrapped up its $391 million acquisition of The Talbots, appointed Michael Archbold, formerly president and COO of Vitamin Shoppe, as CEO and CFO of Talbots.

July 16, 2012

TLB Merger Sun, an affiliate of Sycamore Partners, has extended the expiration of its tender offer to acquire all of the outstanding shares of common stock, and the associated stock purchase rights, of The Talbots Inc. for $2.75 per share, net to the seller in cash, without interest, and less any applicable withholding taxes, to 5 p.m., New York City time, on Friday, July 27, unless further extended.

June 13, 2012

Talbots said private-equity firm Sycamore Partners extended the date of the commencement of its offer to buy the women's apparel retailer by two days.

May 29, 2012

Talbots said Friday that Sycamore Partners had walked away from negotiations over a proposed $215 million buyout of the retailer.

May 7, 2012

Talbots said it has received a raised takeover offer of $214.6 million from private equity firm Sycamore Partners.

December 20, 2011

Talbots Inc. has rejected a buyout offer from private-equity firm Sycamore Partners its biggest shareholder, saying the bid “substantially” undervalues the company.

© 2014 Retailing Today. All Rights Reserved.