Eric Taylor, CEO of Salon Republic, described Riata as a great fit for his company’s culture and strategies.

“We just want to be a fashion group.”

Fashion Cloud has made it the all-in-one solution for more than 600 fashion brands and 20,000 retailers.

In 2023, Heyday plans to open over 30 shops, with a total of 135 committed franchise units on the horizon in major markets including Denver, Boston, Austin, Phoenix and more.

Indonesia is currently the fastest-growing beauty market in Southeast Asia.

Under the terms of the transaction, Seven & i will transfer its outstanding Sogo & Seibu shares to a special purpose company owned by Fortress. The transaction is expected to close in the first quarter of 2023.