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TaylorMade's Ownership Dispute Heats Up
TaylorMade's Ownership Dispute Heats Up

Hypebeast

time4 hours ago

  • Business
  • Hypebeast

TaylorMade's Ownership Dispute Heats Up

Summary WhileTaylorMadestafferScottie Schefflerwas busy sealing his first Claret Jug—and his legacy as a generational force—last weekend, changes continue to brew behind the scenes at the Carlsbad-based OEM. Back in May, it was reported that TaylorMade was up for sale by its current owners, a Korean private equity firm called Centroid Investment Partners. But now, a spanner has been thrown in the works by F&F Holdings. The Korean retail giant contributed $400 million to Centroid's 2021 acquisition of TaylorMade, under the condition that it would have final say in any future sale of the company, according to F&F. Now, in 2025, as Centroid taps JPMorgan and Jefferies to shop the brand, F&F says the firm is in breach of that original agreement. They've since hiredGoldman Sachsto help mount a competing bid to purchase TaylorMade outright while simultaneously threatening legal action to hold Centroid accountable. Goldman's involvement suggests they believe F&F has a legitimate case. So now, the two sides—Centroid and F&F—are locked in a battle for control over TaylorMade's future. Then again, none of that changes the fact that one of Scottie orRory, both TM guys, is still probably your Player of the Year. So, carry on.

Monsoon's 'stunning' dress that is 'super flattering for all sizes' slashed by 50%
Monsoon's 'stunning' dress that is 'super flattering for all sizes' slashed by 50%

Daily Record

time7 hours ago

  • Entertainment
  • Daily Record

Monsoon's 'stunning' dress that is 'super flattering for all sizes' slashed by 50%

Monsoon's 'stunning' dress that is 'super flattering for all sizes' slashed by 50% The British high street firm's massive summer sale is in full swing. Monsoon's summer sale is in full swing (Image: Getty Images ) Still need to give the wardrobe a bit of an overhaul? Then look no further than Monsoon's recently launched summer sale that is in full swing. From effortless styling to occasion-wear and holiday must-haves, the British high street retailer's event will be able to cover a range of fashion enthusiasts' needs for the rest of the season. One of our top picks is this extremely popular Monica Lace Midi Dress that has been billed as "stunning" in reviews. Worth £135, it is now just £67.50, offering a staggering half-price discount. Read more: Frankie Bridge stuns in high street jacket that has fans begging where to buy it Read more: Tesco brings back 'cute' £40 F&F jacket dubbed 'absolute must' for autumn Got a wedding reception to attend, or just on the hunt for something fancy to wear out? Then this midi-length frock will elevate any wardrobe thanks to its delicate lace detail that spills over the décolletage and flutter sleeves. Crafted from a floaty, lightweight material that is suitable for the current warmer weather, it boasts a defined waistline that falls into a swishy midi skirt, with reviews praising the design as "super flattering for all sizes." Monica Lace Midi Dress £135 £67.50 Monsoon Buy here Product Description Elevate any occasion wardrobe with this midi-length dress that features a delicate lace detail, short, fluttery sleeves, a chic scoop neckline and a concealed back zip fastening. Finished with a chic scoop neckline, keyhole button and discrete back zip fastening, we'd think that the Monica dress would be perfect when paired with chic muted heels and even a lightweight blazer for the unpredictable UK summer. Even better, the half-price discount covers six colours - olive, blue, green, navy, dark pink and soft pink. Sizes also vary from a six through to 24. Fashion enthusiasts looking to shop around before making a purchase can opt for a similar style, but with more dramatic sleeves, with this Mint Velvet Nude Crochet Cotton Midi Dress, available to buy from Next for £170. Meanwhile, another affordable option for those still keen to keep it budget-friendly is Roman's Pink Lace Detail Wrap Midi Dress that has been knocked from £65 to £35, offering a saving off 46 per cent. This midi dress is "super flattering" (Image: Monsoon ) As for Monsoon's Monica Lace Midi Dress, there's no denying its popularity, as it has amassed 108 reviews in total, alongside a 4.5 rating, with glowing praise for its "super flattering" and "stunning" design. One five-star review read: "Super flattering for all sizes and tummies! A really beautiful dress and the only one I've found that is flattering for my tummy. Very excited to wear this to a wedding." Someone else said: "This dress is well made and fits perfectly. It is comfortable and flattering, hiding my newly thicker middle! There's enough of a sleeve to conceal my upper arms too. I'm looking forward to wearing it to my son's wedding in a couple of months." Fashion deal of the week New Balance has just launched a massive sale ahead of the summer, with up to half-price off. Hate that break in period with stiff footwear? Then look no further than the Unisex RC42 Shoes, said to be "comfy straight out of the box", that have been reduced from £90 to just £45, saving shoppers 50 percent off the original asking price. Featuring the classic minimalist silhouette that can be worn with everything from denim jeans to leggings, these trainers have been particularly designed for those with an active lifestyle. The RC42 Shoes are comfy and trendy (Image: New Balance ) Crafted from a "lightweight" suede/mesh construction, they boast a low profile that is suitable for those who spend long periods of time on their feet, while the a padded tongue and cushioned rubber sole ensure all day comfort. Finished with the classic signature 'N' branding on the side, the half-price discount covers two colours - granite with white and linen with sea salt. As of writing, sizes range from a four through to nine, including a few half-sizes. Shoppers can't stop praising the New Balance RC42 Shoes, as they have earned a 4.2 rating and glowing reviews for their "comfortable" design that means they "don't even have to break them in." One five-star review read: "Very cute and comfortable right out of the box. On trend and has a somewhat cushioned midsole—perfect for wearing all day." Shoppers can bag the New Balance Unisex RC42 Trainers for half-price in the sale here. Another complimentary review read: "Stunning dress fits beautifully ideal for a special occasion, a wedding in my case. Excellent quality and so comfortable to wear and the colour (blue) was very eye catching. I got loads of compliments which made me feel fabulous." One shopper did have an issue with the sizing, writing: "Had to go up a dress size as the bust was really too tight and I don't have a particularly large bust, then the waist was too big, so very disappointed with this dress." Although, someone else who was left impressed with their purchase added: "Great service and beautiful dress, felt a million dollars in it." Article continues below Monsoon's Monica Lace Midi Dress is now half-price at £67.50 (RRP £135) in the summer sale now.

Tesco's 'stunning' £34 outfit that 'could pass for River Island' wows shoppers
Tesco's 'stunning' £34 outfit that 'could pass for River Island' wows shoppers

Daily Mirror

time10 hours ago

  • Entertainment
  • Daily Mirror

Tesco's 'stunning' £34 outfit that 'could pass for River Island' wows shoppers

The supermarket's F&F shoppers have been praising the 'stunning' outfit that is giving 'holiday' vibes Shoppers have been raving about an outfit that looks like it could come from a high-street fashion brand —but it's actually from Tesco. In the same store where people box off their weekly shop, some are desperate to pick up an outfit that could pass for something sold by River Island. ‌ A TikTok account (@fandflongeaton) run by staff at a Tesco store shared the "stunning" co-ord that costs £34 for the complete outfit. They urged people to "run to Tesco" before showing off the crinkle-effect co-ord that comes in a trendy shade of green. ‌ Highlighting its flowy fit, shoppers were instant fans of the simple outfit that has a pop of gold on the top. The outfit isn't available online at the time of writing, but prices were shown in the video, with the top costing £16 and the trousers priced at £18. ‌ ‌ However, a few were put off by the length of the pants. One claimed: "I wish I was taller I'm 5ft! I don't think the trousers would fit me!" Another put: "I'm 5'8 and I'm wayyy too tall for them!" People were quick to make suggestions such as altering the trousers to suit your height with iron-on webbing to easily customise the final leg length. Another TikTok user offered their tips that focused on making your footwear help. They advised: "I'm 5ft 2 and they are long but if you buy a nice trainer with a good back they look nice. Or I've been wearing them with sandals, they don't drag too much." ‌ Earlier this year, Tesco announced a major change to its F&F clothing range that proved a game-changer for shoppers. In April, it was confirmed that the supermarket would be launching an online store exclusively for F&F clothing. Shoppers can currently browse a selection of the supermarket clothing range online - including men's, women's and children's. The range includes fashionable and quality pieces through the F&F Edit, Sports and F&F Active Athleisure clothing. ‌ It will also feature exclusive collaborations and high-demand seasonal items, such as school uniforms, which currently have 25% off until July 27, 2025. Customers will be able to earn Clubcard points on all their purchases, making shopping at Tesco even more rewarding.

Amid legal action: F&F eyes acquisition of TaylorMade
Amid legal action: F&F eyes acquisition of TaylorMade

Fashion United

time2 days ago

  • Business
  • Fashion United

Amid legal action: F&F eyes acquisition of TaylorMade

After the launch of what was alleged to be a nonconsensual sales process for TaylorMade, F&F has now announced its intention to pursue a potential acquisition of the US golf brand. The company has appointed Goldman Sachs as its exclusive financial advisor to look into a takeover of TaylorMade, noting that it was assessing an 'array of strategic pathways while strengthening its stance to safeguard its investment interests' in the golf apparel and equipment retailer. Last month, F&F said it intended to explore pursue legal options against Centroid, after claiming that its fellow South Korean investor had 'unilaterally' initiated a sale of TaylorMade 'without obtaining F&F's prior consent'. The two firms had joined to take ownership of the brand back in 2021, with F&F retaining a 49.51 percent stake and 'key contractual rights', as stated in a press release regarding the ongoing dispute. F&F had said that its intent from the outset was to eventually acquire TaylorMade in its entirety, and as such, Centroid's decision to prompt a sale of the brand caused 'serious concerns'. In its latest announcement, F&F doubled down on its initial plans, while adding that, independent of its acquisition plans, it was 'prepared to deploy all available legal and contractual measures to hold Centroid accountable for its violations'. In a statement, the company said: 'We are methodically preparing to exercise our Right of First Refusal (ROFR), should circumstances warrant, to ensure alignment with our original investment thesis. Our engagement with Goldman Sachs equips us to execute a disciplined and impactful strategy to successfully acquire TaylorMade.' FashionUnited has contacted Centroid with a request to comment.

F&F Engages Goldman Sachs as Strategic Financial Advisor for Potential TaylorMade Acquisition
F&F Engages Goldman Sachs as Strategic Financial Advisor for Potential TaylorMade Acquisition

Business Wire

time2 days ago

  • Business
  • Business Wire

F&F Engages Goldman Sachs as Strategic Financial Advisor for Potential TaylorMade Acquisition

SEOUL, South Korea--(BUSINESS WIRE)-- F&F Co., Ltd. (KRX: 383220), a globally esteemed fashion and lifestyle company led by CEO Chang Soo Kim, announced today that it has engaged Goldman Sachs, a leading global investment bank, as its exclusive financial advisor to steer a potential acquisition of TaylorMade, a preeminent golf brand. This strategic move addresses a sales process launched by a Korean private equity firm Centroid Investment Partners ('Centroid'). F&F reiterated its steadfast commitment to realizing the strategic objectives of its 2021 investment in TaylorMade. The company stated, 'We are methodically preparing to exercise our Right of First Refusal (ROFR), should circumstances warrant, to ensure alignment with our original investment thesis,' adding, 'Our engagement with Goldman Sachs equips us to execute a disciplined and impactful strategy to successfully acquire TaylorMade.' F&F clarified that it has not consented to Centroid's current efforts to sell TaylorMade, viewing the process as a significant breach of its contractual consent rights. 'Independent of our acquisition plans, we are fully prepared to deploy all available legal and contractual measures to hold Centroid accountable for its violations,' the company asserted. F&F is actively assessing a comprehensive array of strategic pathways while strengthening its stance to safeguard its investment interests in TaylorMade through robust enforcement of its contractual rights, including potential legal action.

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