OPERATIONS

Sun Capital and Kellwood to acquire Scoth & Soda fashion brand

BY Staff Writer

St. Louis — An affiliate of Sun Capital Partners and Kellwood announced an agreement to acquire Amsterdam-based fashion brand Scotch & Soda. The deal is expected to close in August 2011 upon regulatory approval. Terms of the private transaction were not disclosed.

The Scotch & Soda founders and management team will continue in their respective roles. Scotch & Soda fashions are sold in over 30 company-owned and franchised retail stores worldwide and in more than 7,000 partnership accounts. The brand has strengthened its online presence through its integrated web store, blog, and social media outlets.

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OPERATIONS

Report: Group of grocers may have violated antitrust law

BY Staff Writer

San Francisco — A Bloomberg report on Tuesday said that three major grocery chains may have violated antitrust law by profit-sharing during a strike.

The U.S. Court of Appeals in San Francisco on Tuesday ruled that Safeway, Supervalu Inc.’s Albertson’s and Kroger Co.’s Ralph’s supermarket chains were not exempt from antitrust scrutiny, as a court last year overturned a lower-court ruling that the agreement, reached during a 2003 conflict with the companies’ unions, didn’t violate antitrust law.

“More than a ‘quick look’ is required to ascertain its impact on competition,” according to Tuesday’s ruling.

The grocery retailers had argued that the agreement, which called for sharing profits if any of the three were singled out for a strike, wasn’t anticompetitive because it lowered prices for consumers by reducing labor costs. The state of California sued the trio in 2004, saying the mutual strike assistance agreement violated federal antitrust laws and led to higher prices.

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Canadian fashion brand selects Oracle Retail to drive growth

BY Katherine Boccaccio

Quebec — Fashion brand Groupe Dynamite, based in Quebec, said Tuesday it has selected Oracle Retail applications to support the company’s expansion plans.

Groupe Dynamite said it will implement Oracle Retail merchandising, demand forecasting and store solutions across its 250 “Garage” and “Dynamite” brand locations in North America.

“We want to transform our business and needed a proven retail technology platform as a part of that process,” said Anna Martini, president, Groupe Dynamite.

Groupe Dynamite said it selected the Oracle offerings to provide better insight to consumer demand and item performance, improve control over products and inventories and reduce markdowns.

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