Australian Fashion Brand Sass&Bide Founder Announced The Withdrawal

< p > > a > Australia < /a > fashion brand Sass&Bide founder both left Australia fashion brand Sass&Bide co founder Heidi Middleton and Sarah-Jane Clarke announced 15 years after the establishment of the brand. < /p >
< p > Heidi Middleton and Sarah-Jane Clarke sold 50% stake in Sass & Bide to Australian Fashion entrepreneurs David Briskin and Daniel Besen in 2009. In 2011, Sass&Bide was awarded the 65% equity stake of Myer Holdings Ltd. (ASX:MYR), the largest department store in Australia, with a 42 million 300 thousand Australian dollar. In September last year, the latter spent 30 million Australian dollars to buyout the 35% remaining shares of Sass&Bide. Since then, Heidi Middleton and Sarah-Jane Clarke began to fade out of brand operation gradually. Last November, they resigned from the board of directors and served as creative directors and brand directors respectively. < /p >
< p > Myer Holdings Ltd. (ASX:MYR) has appointed the British designer Anthony Cuthbertson, who has been the creative director of the British brand Daks for 2000-2006 years, as the new creative director of Sass & Bide, while the former chief executive of the Tommy Europe Branch, the "Arts and crafts director", will become the artistic director of the company. < /p >
< p > Sass&Bide currently has 25 separate stores in Australia, New Zealand and New York, and the wholesale business has expanded to 20 markets worldwide. In the 12 months ended July 27, 2013, Sass&Bide sales increased 18% to 60 million 600 thousand Australian dollars year-on-year, with a net profit of 8 million Australian dollars a year, up 48% from the previous year. < /p >
< p > < a > < /a > link: Woolworths Holdings is about to finish the acquisition of David Jones < /p >
P Woolworths South Africa's Woolworths Holdings is about to buy David Jones brand for $2 billion. It is expected to hold the final shareholder vote in July 14th. In mid June, Lew '' s private investment enterprise secretly bought shares of David Jones9.89% to prevent the acquisition from going smoothly. In June 24th, Woolworths Holdings offered to buy Lew 's country 11.84% Road' shares at the price of $16 per share. The price increase of Woolworths Holdings requires that DavidJones purchase be carried out smoothly, or the purchase price of countryRoad Ltd will be abolish. < /p >
< p > David Jones filed an application for shareholders to disclose recent events to a > Australia union < /a > state court. Lew's "s" approach hindered the normal acquisition of the acquisition, while Woolworths's proposed purchase price of $16 per share for country country was also in exchange for the smooth acquisition of the company. At present, the court has not yet given a definitive result, and is expected to conduct second court trials in July 17th. < /p >