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The pandemic has hit Brooks Brothers hard, shuttering office buildings and hurting demand for business wear as people worked from home.July 8
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The now-abandoned deal, in which Sycamore was poised to take a 55 percent stake in Victoria’s Secret for about $525 million, was thrown into jeopardy when Sycamore sued to terminate the transaction.June 4
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Puig, the Spanish company behind Paco Rabanne perfumes, is reportedly near the deal to buy the brand that has previously worked with celebrities such as Kate Moss and Penelope Cruz.June 3
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The deal will cut the company's debt by about $450 million and raise $100 million of new capital.May 29
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The acquisition gives the beleaguered cosmetics company a financial infusion, as the coronavirus pandemic upends the retail industry.May 12
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Even before the coronavirus spread, the company was struggling because shoppers were defecting to online merchants and consumer tastes were changing.May 1
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Sycamore Partners looks to terminate its investment in Victoria's Secret. Mergers & Acquisitions examines 5 deals that have failed because of the coronavirus pandemic. York Capital and Cyrprium raise new funds.April 23
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The private equity firm said moves such as failing to pay rent and furloughing thousands of workers amid widespread retail disruption sparked by the outbreak have reduced the company’s value.April 23
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Piper Jaffray, led by CEO Chad Abraham (pictured) wins Deal of the Year. Goldman Sachs' profits decline from the coronavirus. U.S. retail sales fall.April 15
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Coronavirus containment measures escalated quickly, as states began closing restaurants and bars to dine-in customers and urging residents to stay home.April 15
