The retailer’s name, intellectual property and digital assets were purchased by Overstock for $21.5 million, according to court documents released Thursday.
Five years after selling to a parent company, the founders of Neat Method have bought the brand back. BOH spoke with Ashley Murphy and Marissa Hagmeyer to discuss the unorthodox move and what comes next for the home organizing company.
In February, Kravet acquired the 125-year-old furniture company without fanfare. BOH caught up with the company’s president, Cary Kravet, to discuss the strategy behind the move and what the future holds for both brands.
The New York antiques dealer has closed a deal to acquire Florida-based Gary Rubinstein Antiques. It’s the latest in a series of moves that are keeping the 84-year-old company not only nimble, but booming.
In today’s tough climate, many DTC owners are seeking options to keep their businesses afloat. Enter holding companies like Pattern Brands and investors like OpenStore, which have risen to fill a crucial market gap.
The venture capital-backed tech firm that owns Sur La Table and One Kings Lane submitted its third proposal to acquire the Virginia-based furniture manufacturer, making the offer public in a takeover attempt.
With the acquisition of Spokane, Washington–based Quarry Tile Company and the completion of a major factory expansion, Fireclay Tile is betting big on the future.