An Eagan online retailer has paid $5 million for a majority stake in the flash-sale site Zulily, expanding its national reach ...
Beyond sells a 75% stake in Zulily to fashion discount e-tailer Proozy for $5 million, after acquiring it a year ago for $4.5 ...
Lyons Trading Company, owner of off-price retailer Proozy, is acquiring the brand. It’s Zulily’s fourth owner in two years.
The announcement to sell the e-commerce site Zulily to Lyons Trading Company comes one year after Beyond acquired Zulily.
The Company expects the impact of the sale to be immaterial to its adjusted earnings per share on a full-year basis.
The Zulily sales will be held in-person and online. It was unclear as to where the retail merchandise is warehoused. No dates for the sales were posted. We’ve reached out to Gordon for more details.
Almost exactly a year after it purchased flash-sale site Zulily, Beyond, Inc. has sold its majority stake in the brand.
Shares of Beyond ended the market session lower after the e-commerce company said it would sell a 75% stake in Zulily to Lyons Trading for $5 million. The stock closed down 10% at $5.08. Shares, which ...
The Eagan-based online retailer wants to reinvigorate the daily deals market with the acquisition of the brand from by Beyond ...
MURRAY, Utah - Beyond, Inc. (NYSE:BYON), the parent company of multiple retail brands, has announced the sale of a majority stake in its Zulily brand to Lyons Trading Company for $5 million.
and zulily, a flash-sale site. The move nevertheless focuses attention on the huge revenue windfall that messaging players would collect if efforts aimed at letting businesses connect with their ...
and any consequences associated with the sale of Zulily. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained ...