11 megadeals that shocked the retail world this decade
In an attempt to create the first legacy US luxury conglomerate and
, Michael Kors pursued acquisitions this decade that included Jimmy Choo in 2017 and Versace in 2018, for $1.2 billion and $2.12 billion, respectively. The Canadian apparel manufacturer Gildan ActivewearJustin Sullivan/Getty ImagesAs the saying goes, if you can’t beat ‚em, join ‚em, as was the case for Anheuser-Busch InBev when it
for more than $100 billion in 2015. The acquisition brought popular brands like Redd’s and Foster’s to the AB InBev portfolio. in 2015 to create the fifth-largest food-and-beverage conglomerate in the world. Berkshire Hathaway CEO Warren Buffett contributed $10 billion to the new company, which was renamed The Kraft Heinz Company.
„I am delighted to play a part in bringing these two winning companies and their iconic brands together,“ Buffett said in a statement at the time. It was a banner decade for dollar stores,
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