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MONOGRAM CAPITAL PARTNERS ACQUIRES MAJORITY STAKE IN TRU FRAGRANCE & BEAUTY

Monogram Capital Partners, a Los Angeles-based private equity firm that invests in consumer brands and services companies, has acquired a majority stake in Tru Fragrance & Beauty, the global beauty brand builder whose portfolio includes owned, licensed, and exclusive fragrance and beauty brands sold to national beauty and apparel retailers and direct to consumers. The partnership builds on Tru's impressive growth over the past three years, during which the company's owned brands doubled the comp ....

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Macy's to close 150 unproductive namesake stores amid sales slip as it steps up luxury business

Macy s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales. ....

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Macy's to close 150 stores as sales slip as it pivots to luxury at Bloomingdale's and Blue Mercury

Macy's to close 150 stores as sales slip as it pivots to luxury at Bloomingdale's and Blue Mercury
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