Mergers & Acquisitions

American Apparel announced an extension of its partnership with the global e-commerce brand ASOS. The fashion site, which has more than 3.7 million members, has expanded its buy of American Apparel products based on a 100 percent sellthrough rate of a test buy earlier this year.

In a perfect world, businesses would only be sold when they're healthy and attractive to buyers. Unfortunately this isn't always the case. Trying to market a business as an appealing acquisition while it's in decline can be difficult, but it’s not impossible.

Facebook has bought Push Pop Press, the digital book company formed by former Apple staff. In a statement on its website, Push Pop Press said: “We’re taking our publishing technology and everything we’ve learned and are setting off to help design the world’s largest book, Facebook.”

Google has bought The Dealmap, expanding further into a potentially lucrative daily-deals market now dominated by the likes of Groupon and LivingSocial. Terms of the acquisition weren't disclosed.

Kellwood announced its acquisition of Zobha, a high-performance yoga/fitness apparel and accessories company, according to Michael Kramer, president and CEO of Kellwood. Zobha is the first activewear business to join Kellwood's growing portfolio. Zobha, based out of Mill Valley, Calif., designs for individuals who lead active lifestyles and want clothing that is both functional and stylish.

Leslie's Poolmart announced its entered into a definitive agreement to acquire certain business assets of Jasper's Clear Pool Wholesale. The acquisition is expected to significantly expand Jasper's and Leslie's commercial business segments in Arizona. Closing of the transaction, anticipated in August 2011, is subject to certain closing conditions.

Aaron’s Inc. has acquired all 30 of the stores owned and operated by Crusader Rent to Own. Crusader Rent to Own has stores in Virginia, North Carolina, South Carolina, Tennessee and Georgia. Aaron’s sells and offers rent-to-own programs for residential furniture, consumer electronics, home appliances and accessories. In the coming months, 29 of Crusader’s locations will be converted to HomeSmart stores. These stores offer weekly payment lease agreements for products similar to those Aaron’s sells.

Liz Claiborne is looking to sell its Mexx apparel brand to a private-equity firm. Leonard Green & Partners, Sun Capital and Golden Gate Capital are among the firms that have shown an interest in Mexx, the report said.

Coming this summer to a Sephora near you: an XpresSpa station featuring Sephora Nail Studio Art + Lacquer services. You might recognize the XpresSpa brand from your latest vacation — the company owns and operates 27 massage/nail/skincare/waxing spas in airports all over the world.

Seven years after launching a third-party auction marketplace designed to rival eBay, Overstock.com is shutting it down. The company posted a message on its website, but gave no reason for the closure. Overstock.com Spokesperson Roger Johnson told EcommerceBytes the company preferred not to comment on the matter.