Square Enix Acquires 20% Stake in ‘Battalion 1944’

Square Enix announced that the company has become a 20 percent shareholder in indie game developer Bulkhead Interactive. Bulkhead Interactive is the same developer behind games like “The Turing Test” and “Battalion 1944.” The team will continue to work as part of a collaboration with Square Enix Collective on the upcoming “Battalion 1944” while it […]

Variety

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InStitchu Acquires George & King Business

InStitchu, the Australian made-to-measure men’s brand, has made its first acquisition.
On Wednesday, the company said that it had purchased George & King, a Sydney-based, custom, tailored men’s wear company with a similar operating model. Terms were not disclosed but the acquisition is expected to add 4.5 million Australian dollars to the brand’s sales.
In February, InStitchu received a $ 3 million strategic investment from Dayang, the world’s largest suit manufacturer, which was earmarked to expand its showrooms around the world while also elevating the in-store and online experience. Since the acquisition, InStitchu has grown to nine showroom in Australia, New Zealand and the U.S. It declined to provide a revenue figure.
“We have been actively looking for acquisitions in the custom men’s wear category globally as part of our growth strategy,” said James Wakefield, co-founder and co-chief executive officer of InStitchu. “Both InStitchu and George & King are passionate about making high-quality, made-to-measure men’s wear more accessible and affordable. We’re striving toward the same goal and strategically, are stronger as one.”
His cofounder and coceo Robin McGowan, added that the George & King team has done “a fantastic job penetrating the corporate partnerships market and we’re excited to continue building on the success that

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InStitchu Acquires George & King Business

InStitchu, the Australian made-to-measure men’s brand, has made its first acquisition.
On Wednesday, the company said that it had purchased George & King, a Sydney-based, custom, tailored men’s wear company with a similar operating model. Terms were not disclosed but the acquisition is expected to add 4.5 million Australian dollars to the brand’s sales.
In February, InStitchu received a $ 3 million strategic investment from Dayang, the world’s largest suit manufacturer, which was earmarked to expand its showrooms around the world while also elevating the in-store and online experience. Since the acquisition, InStitchu has grown to nine showroom in Australia, New Zealand and the U.S. It declined to provide a revenue figure.
“We have been actively looking for acquisitions in the custom men’s wear category globally as part of our growth strategy,” said James Wakefield, co-founder and co-chief executive officer of InStitchu. “Both InStitchu and George & King are passionate about making high-quality, made-to-measure men’s wear more accessible and affordable. We’re striving toward the same goal and strategically, are stronger as one.”
His cofounder and coceo Robin McGowan, added that the George & King team has done “a fantastic job penetrating the corporate partnerships market and we’re excited to continue building on the success that

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Netflix ‘Acquires’ Seth Rogen’s ‘Mind, Body, Soul, Dreams and Doodles’ in April Fools’ Day Joke

Seth Rogen will definitely be reading all contracts before he signs them in the future.

Netflix announced Sunday that the Knocked Up star “entered into a lifetime deal to transfer full ownership of his personal autonomy” to the streaming service, an April Fools’ day joke complete with a news release and hilarious video of Rogen looking over his contract.

“I should have read this before I signed it,” the 35-year-old actor says after reading the terms and conditions of the agreement, which includes the “ability to frame you for murder and rights to film a docuseries about that murder and biopic starring John Goodman.”

The press release states, “‘As a general rule, I don’t really ‘read’ anything before I sign it,’ replied Rogen when asked about the deal, spilling some beer on his own head as he does the finger-symbol equivalent of air quotes. ‘That’s what Danny is for, he handles that for me, mostly,’ gesturing toward an elderly man in a poncho sleeping on the couch behind him. ‘Hey Danny!’ he shouts, unable to wake his senior contract advisor. ‘I really hope he didn’t f— this up. He’s the reason that Zach and Miri Make a Porno exists.’ ”

A longer video of Rogen hilariously going over his contract appears on Netflix’s user homepage, with the tagline, “Netflix has acquired the mind, soul, body, dreams and doodles” of the actor.

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With those rights, Netflix announced they would also be using Rogen’s recognizable chuckle as a replacement for current laugh tracks for streaming sitcoms like Friends and That ’70s Show.

The press release also put forward a few other ideas for the actor, including a “live-action Shrek remake, starring Rogen as both the titular character, as well as that character’s love interest Fiona. There will also be other tasks considered, including some off-camera roles such as ‘executive foot massager’ and ‘Quentin’s back waxer.’ ”

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The gag is a well-timed promotion for Seth Rogen’s Hilarity for Charity, a taping of a star-studded fundraiser which raises awareness about Alzheimer’s disease. The variety show — featuring Tiffany Haddish, Sacha Baron Cohen, Sarah Silverman and more — will be available to stream via Netflix on April 6.

Netflix is no stranger to teaming up with big celebrities for their April Fools’ day pranks. In 2016, a video of John Stamos having a meltdown at Netflix was “leaked,” and stars of Netflix shows gathered to warn about the dangers of binge watching the previous holiday.


PEOPLE.com

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Ubisoft Ends Long-Running Battle with Investor Vivendi, Tencent Acquires New Stake

The long-running battle between Ubisoft and Vivendi has finally come to an end, with Vivendi agreeing to sell its entire stake in Ubisoft.

The agreement stipulates Vivendi will sell all of its shares in Ubisoft, which amounts to 27.3% of Ubisoft’s share capital (and 30,489,300 shares). Ubisoft will buy back all shares owned by Vivendi, and Vivendi agrees not acquire any shares in Ubisoft for the next 5 years.

The Ontario Teachers’ Pension Plan and Chinese social media and game development giant Tencent will also enter as long-term investors in Ubisoft as part of the transaction.

Tencent and Ubisoft have signed a strategic partnership agreement to expand Ubisoft’s reach in China moving forward. According to Ubisoft, Tencent will operate, publish, and promote “several of Ubisoft’s most successful titles on PC and mobile in the Chinese market.”

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GameStop, Inc.

Peter Millar Acquires Mossimo Giannulli’s G/Fore

Peter Millar and G/Fore are joining forces, again.
The relationship began in 2017 when the Raleigh, N.C.-based Peter Millar worked with G/Fore, which was founded by Mossimo Giannulli, on a cobranded golf shoe for the 2017 PGA Show. From there, Giannulli and Scott Mahoney, chief executive officer of Peter Millar, spoke about other ways they would work together. This led to Peter Millar, which is owned by Richemont, acquiring G/Fore.
“Moss has the rare combination of experience, design vision and name recognition that will enable us to take this brand worldwide,” Mahoney said. “We believe there is unlimited potential for G/Fore, and couldn’t be more pleased to welcome Moss and his team to the Peter Millar family.”
Giannulli, who is best known for starting the Mossimo brand in 1986, introduced G/Fore in 2013. His goal was to develop the brand into a lifestyle collection influenced by golf. It started with a collection of premium golf gloves and has since expanded to include golf shoes, accessories and men’s and women’s apparel. The line targets a fashion-conscious customer who enjoys golf-inspired products.
“I love the game of golf, and as a designer it was obvious that the timing was perfect for a lifestyle brand that was

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Aviron Pictures Acquires ‘Destination Wedding’ With Keanu Reeves, Winona Ryder

David Dinerstein’s Aviron Pictures has acquired North American distribution rights to Victor Levin’s “Destination Wedding,” a romantic comedy reuniting Keanu Reeves and Winona Ryder. The deal also includes all English-speaking territories, including the United Kingdom, Australia, New Zealand and South Africa. Reeves and Ryder, who appeared together in “Bram Stoker’s Dracula” and “A Scanner Darkly,” […]

Variety

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Galileo Global Education Acquires Two Fashion Schools in Milan

MILAN – Galileo Global Education has signed an agreement to acquire two Italian fashion schools and a Cypriot university from Laureate Education Inc. The operation was valued 225 million euros. The schools are the Nuova Accademia di Belle Arti, better known as Naba, and Domus Academy.
Both are located in Milan and specialized in fashion, design and the visual arts. The group has also acquired the European University Cyprus, or EUC, which is specialized in medicine.
Galileo Global Education has more than 54 institutes in its portfolio, including the Istituto Marangoni fashion and design school, which has branches in Milan, Florence, London, Paris, Shanghai, Shenzhen, Mumbai and Miami.
Following the acquisition, the group will establish the Gruppo Galileo Italia, which will group the three Italian institutes under its umbrella. Roberto Riccio, Istituto Marangoni’s chief executive officer, has been named ceo of the new company.

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Netflix Acquires ‘The Open House’ Starring ’13 Reasons Why’ Actor Dylan Minnette (EXCLUSIVE)

Netflix has acquired worldwide rights to the thriller “The Open House” starring “13 Reasons Why” breakout Dylan Minnette, sources tell Variety. Written and directed by Matt Angel and Suzanne Coote, “The Open House” centers on a teenager (Minnette) and his mother (Piercey Dalton) who find themselves besieged by threatening forces when they move into a […]

Variety

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George Zimmer Acquires Competing Online Tuxedo Rental Brand

George Zimmer is building his empire.
Generation Tux, the online tuxedo rental business founded in 2014 by the gravelly voiced founder of Men’s Wearhouse has acquired a competing business called Menguin in a stock exchange deal worth $ 25 million.
As part of the deal, Menguin has relocated to Louisville, Ky., the headquarters of Generation Tux, and its chief executive officer, Justin Delaney, will become president of both brands, which will continue to be run as separate businesses. His cofounder Bogdan Constantin will serve as chief marketing officer.
“I met these guys about a year ago and they had a small company that was doing about the same volume we do,” Zimmer said. “But the difference was that we invested many millions more than they did. They built their business on old-fashioned hard work and knowledge.”

George Zimmer 
Joshua Scott

The four-year-old Menguin has been experiencing a compound annual growth rate of 800 percent. Generation Tux expects to have sales next year of between $ 20 million and $ 30 million.
He said the number of rentals and revenue of the two companies was similar, but the expense structure at Generation Tux is much higher. One marked difference is that Menguin did not own its rental inventory while Generation Tux does.

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Detail Provisions Co. Acquires Foot Cardigan

Detail Provisions Co. has acquired Foot Cardigan, a sockwear brand and subscription service.
Foot Cardigan, founded in 2012 by Bryan DeLuca, is sold in more than 75 countries and has done licensed products for Paramount Pictures, 20th Century Fox and Procter & Gamble. DeLuca will still be involved with the company.
“We were growing and knew we needed to find the right partner, someone who saw the vision of Foot Cardigan and could add strategic value in addition to capital. We found that partner in DPC,” said DeLuca. “Their expertise in our category and passion for our brand are a natural fit for where we want to go.”
This is the second acquisition for DPC, a Dallas-based holding company, which also purchased Hook & Albert, a men’s accessories line, earlier this year.
“This acquisition fits in the Detail Provisions Co. investment strategy of supporting emerging, authentic, high-quality accessories companies,” said Paul Song, partner of DPC. “We believe that Foot Cardigan is positioned for incredible growth in the future and DPC is committed to supporting what has been built over the past five years.”
More from WWD:
Detail Provisions Co. Acquires Hook & Albert
Subscription Services Grab Bigger Share of Online Apparel, NPD Says
Hook & Albert Designs Men’s Bedding

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Rob Gough Acquires Dope

Rob Gough wants to take Dope to the next level.
The entrepreneur has acquired the Los Angeles-based streetwear brand, which was started by Matt Fields in 2007, and hopes to double the business within a year. He believes it has the potential to be a billion dollar company.
“I’m friends with a lot of people who work in streetwear and everyone had great things to say about the brand,” said Gough, who wouldn’t reveal the cost of acquisition, which was a cash deal. “I see a lot of opportunities.”
For Gough, those opportunities include expanding on the Dope Sport line and launching smoke products including bongs, rolling papers, lighters and grinders under the name Dope Smoke. Gough is also interested in the women’s space and just signed a deal with Sommer Ray, a model with a large following on Instagram. Rae will create a capsule collection for Dope that will include intimate apparel, swim and activewear.
Gough also sees the Dope e-commerce site as an area for growth — he said it hadn’t been a priority for the company previously — along with its store on Fairfax Avenue in Los Angeles. Dope is sold at specialty retailers including Foot Locker, Downtown Locker Room and Foot Action.
This

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Ledbury Acquires Creery Custom Shirts

Ledbury, a Richmond, Va.-based shirtmaker, has made its first acquisition, buying Creery Custom Shirts to provide bespoke services to its offerings. Terms were not disclosed.
“From the very beginning, our goal has been to be more than just designers and marketers of clothing. We have always wanted to become makers,” said Paul Trible, Ledbury’s cofounder and chief executive officer. “That’s why we worked alongside a master tailor in London before starting Ledbury, and that’s what led us to the purchase of Creery and the development of our own Richmond workshop.”
Ledbury tailors will create an individual pattern for clients, who will go for two fittings before the shirt is made at the company’s workshop. Customers can choose from among the fabrics offered by Ledbury’s roster of European mills.
The current three-person staff of Creery, which is also based in Richmond, will join the Ledbury team, and additional hires will be made as needed to expand production, the company said.
“We are fortunate to work with the talented legacy of craftsmanship available right here in Richmond, and we plan to learn from and grow this tradition,” said Trible.
The bespoke shirts, which will retail starting at $ 300 and require two to three weeks to produce, will

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