Supply chain and retail planning solutions firm Logility, Inc. has acquired privately held Halo Business Intelligence, a San Diego-based supplier of advanced analytics and business intelligence solutions for the supply chain market.
VF Corporation signed an agreement to purchase New Zealand outerwear innovator Icebreaker Holdings for an undisclosed sum.
On a trailing 12-month basis, Icebreaker Holdings generated approximately $150 million of revenue.
HanesBrands CEO Gerald Evans Jr cites Alternative Apparel's attractive business model, very strong and differentiated brand, and highly talented team of employees as drivers for the acquisition, noting that the acquisition also "diversifies our sales mix as we emphasize growth across all channels."
QVC, Inc. president and CEO Mike George announced plans for a new organizational structure and senior executive team for the QVC Group, to be effective once Liberty Interactive Corporation completes its previously announced acquisition of HSN, Inc., which is expected later this year.