Gordon Brothers partnered with the investment banking firm Consensus to provide a $13 million term loan to Moda Operandi to support the sale of its business.
Gordon Brothers hired Carolyn D’Angelo as managing director of brands and president of Laura Ashley. She will lead new development and licensing opportunities within the equity and debt portfolios for Gordon Brothers’ brands team in addition to leading Laura Ashley.
Gordon Brothers promoted Evren Ozargun to the newly established role of head of credit. Ozargun and his credit team will work in partnership with Gordon Brothers’ deal professionals and play a role in structuring, underwriting and monitoring all investments.
Gordon Brothers and Ritchie Bros. created a formal joint venture: the Gordon Brothers & Ritchie Bros. Alliance, which will provide end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in Australia and Southeast Asia.
Gordon Brothers published two articles about the digital transformation and shifting consumer behavior within the retail industry. As a result of the ongoing COVID-19 pandemic, customer journeys are now more digitally focused, and more shoppers are looking for easy online or mobile purchasing.
Gordon Brothers named Joe Massaroni director of business development as Conrad Lauten will retire from the role.
Gordon Brothers provided a secured credit facility to Nicole Miller, a fashion and lifestyle brand founded and led by Nicole Miller. The facility is secured by the company’s intellectual property and will be used to fund growth initiatives.
Laura Ashley, a home and lifestyle brand owned by Gordon Brothers, launched its spring 2021 collection online and in select NEXT stores.
Biddeford Holdings, a partnership between Gordon Brothers and New Mill Capital, acquired the real estate, machinery and equipment of a producer and marketer of packed bakery food.
Gordon Brothers, a global advisory, restructuring and investment firm, published a two-part series of articles examining current supply stresses and how the prolonged effects of the COVID-19 pandemic continue to disrupt global trade.