BLUE NILE TO BE ACQUIRED BY PRIVATE INVESTMENT GROUPS

Seattle-based online diamond jeweler Blue Nile is being acquired for about $500 million in cash by a private investor group that includes Bain Capital Private Equity and Bow Street LLC. The move comes amicably and will provide substantial value to Blue Nile’s stockholders, translating to $40.75 in cash per share and representing a premium …

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CHRISTIAN LOUBOUTIN DEBUTS NEW HANDBAG INSPIRED BY “TWIN PEAKS”

Inspired by his 2007 collaboration with David Lynch and the T.V. show ‘Twin Peaks’, Christian Louboutin has launched a new surrealistic minaudière, ShoePeaks. The clutch is part of Louboutin’s Spring/Summer 2017 collection and comes in two finishes, black in lacquered metal and Gold in polished metal. ShoePeaks also features two …

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AMI expands in South Africa

The airfreight and express wholesaler has acquired the warehouse adjacent to its current facility at Cape Town International Airport in South Africa, doubling the size of AMI’s facility in and tripling its temperature-controlled storage capacity.