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Tiger Finance Helps Fund Nogin's Acquisition of ModCloth

Tiger Finance Helps Fund Nogin s Acquisition of ModCloth
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NEW YORK, May 5, 2021 /PRNewswire/ Tiger Finance, an affiliate of Tiger Group today announced that it provided financing to support the April 2021 acquisition of digitally native fashion retailer ModCloth by Nogin, the market leader in outsourced e-commerce for major fashion and consumer product companies.
Tiger provided a $6 million term loan to Nogin to help fund its purchase of the ModCloth assets from brand investment platform Go Global Retail for an undisclosed sum. Additionally, Tiger Valuation Services is providing inventory analytics support to Nogin. ....

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Nogin Acquires ModCloth From Go Global, Marking its Initial Native Brands Investment

Nogin Acquires ModCloth From Go Global, Marking its Initial Native Brands Investment
Addition of digitally native fashion site adds to stable of leading brands in fashion, CPG, beauty, health and wellness industries whose online presence is managed by Nogin
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TUSTIN, Calif., May 5, 2021 /PRNewswire/
Nogin, the market leader in outsourced ecommerce for major fashion and consumer product companies, today announced that it had acquired the assets of
ModCloth, a digitally native retailer of unique women s fashion and accessories.
The Tustin-based company purchased the brand for an undisclosed sum from Go Global Retail. Since its founding in 2002, ModCloth has been dedicated to serving a full spectrum of women by celebrating their stories and offering a complete range of sizes of indie-inspired fashion. ....

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Nogin Wins Award for Best Places to Work in Los Angeles From Comparably

/PRNewswire/ Comparably Awards has recognized Nogin, the Intelligent Commerce Company, as one of the Best Places to Work in Los Angeles in 2021. Comparably. ....

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Branded Online Announces Partnership with Charming Charlie

Branded Online Announces Partnership with Charming Charlie
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COSTA MESA, Calif., March 3, 2021 /PRNewswire/ Branded Online, the premier intelligent commerce solution for leading online brands, has partnered with Charming Charlie to reinvigorate its digital platform and drive profitability and revenue in 2021 and beyond. The Houston-based contemporary women s fashion and accessories powerhouse offers a wide array of fashion, apparel, accessories, and beauty products. It will team up with Branded Online to connect with consumers by building upon its digital strategy. A perfect announcement to share during what has been an explosive year for eCommerce, the Branded Online and Charming Charlie partnership brings together two of the most recognizable brand names in online commerce. ....

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Top ad agency M&A targets for 2021

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Analysts say 2021 will be an active year for ad industry M&A after a pandemic-stricken 2020.
Private equity firms and upstart ad networks like S4 Capital are expected to lead an acquisition spree.
Experts named 8 agencies that are on the market or likely to be targets in 2021.
2020 was a crushing year for ad agencies, with thousands of jobs lost in the US alone.
Marketing and tech industry mergers and acquisitions suffered in turn. Deals were down 19% in volume and 50% by total value, with no blockbuster deals like Publicis $4.4 billion Epsilon buy in 2019. ....

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