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Hydro Flask owner rejects ‘opportunistic’ takeover proposal

Reported by Retail Dive, Dani James on Nov 5, 10:59 AM ET

Helen of Troy said Empower Brands’ unsolicited offer was timed to exploit a low stock price, which has been partly impacted by U.S. tariff policies. Helen of Troy’s board of directors unanimously rejected an unsolicited acquisition bid from Empower Brands. Part of the reason for declining the offer is because Helen of Troy says it’s making progress on a multiyear roadmap “to restore momentum and capitalize” under CEO Scott Uzzell, according to a Wednesday press release.

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Retail DiveNov 5, 1:01 PM ET
Walmart ramps up Sparky features in time for the holidays
New visual recognition and cart generation capabilities for the AI assistant aim to ease the pain of holiday shopping, both online and in stores. As beleaguered consumers focus on efficiency and value this holiday season, new Sparky AI features aim to go beyond just price and product comparison. Since its June 2025 debut , Sparky has seen a 70% spike in usage, and customers who use the tool spend 40% more per order than shoppers who don’t, Walmart CEO John Furner shared in August . A steady drumbeat of functionality improvements has helped drive this usage growth.
Retail DiveNov 5, 12:38 PM ET
Amazon adds over 100 Alexa for Shopping functions
New capabilities include managing subscriptions, resolving billing questions, and creating and editing lists and registries. Over 400 million customers have used Alexa for Shopping over the past 12 months, according to Amazon. “Our vision for Alexa for Shopping is to make every part of shopping as convenient as possible,” Rajiv Mehta, vice president of conversational shopping, said in a company blog post. “This is just the beginning. We're continuing to invent new ways to save customers time and make shopping even more personal.” The company rolled out the shopping assistant in May, replacing its Rufus shopping assistant.
Retail DiveNov 5, 12:22 PM ET
Ikea leans into events for the holidays
Two locations will feature outdoor markets, while all stores will host holiday events this month. The furniture retailer also expanded its assortment. With the bustling holiday season around the corner, Ikea is aiming to draw shoppers into its physical stores with both discounts and interactive in-store experiences. “The Lingonberry Lane Winter Holidays Event and our flagship markets in New York and Chicago create new and exciting opportunities for families to spend time together this holiday season,” Paul Anderson, home furnishing and retail design leader at Ikea U.S., said in a statement.
Retail DiveNov 5, 12:02 PM ET
E.l.f. Beauty growth driven by innovation, not just pricing power
The company’s Q2 net sales jumped 51%, with industry analysts in awe of its go-to-market capabilities and Rhode brand strength. The 51% net sales growth for E.l.f. Beauty is almost hard to believe, but industry analysts from William Blair made sure to note that the staggering numbers are not made up. “We believe in our thesis that e.l.f. Beauty’s distinctive value proposition and go-to-market capabilities will enable it to further its pursuit of becoming a global leader in beauty,” the William Blair analysts said in an emailed note Wednesday. Rhode — part of E.l.f.
Retail DiveNov 5, 11:41 AM ET
Ethan Allen CEO out as chair after activist board shakeup
Financier Doug Bergeron, who will be one of the furniture retailer’s new directors, has slammed the company’s leadership for months. Ethan Allen shareholders have shaken up the furniture retailer’s board, on Wednesday replacing three directors with people nominated by activist investor Doug Bergeron. Board chair and CEO Farooq Kathwari was not reelected, according to a preliminary vote count. Just two of the company’s five nominees were chosen. Bergeron, who owns about 5% of Ethan Allen’s stock, in August slammed Kathwari’s leadership and nominated candidates to replace the entire board. He is on the winning slate.
Retail DiveNov 5, 11:18 AM ET
Revolve points to stores’ strengths but won’t rush to expand its fleet
At the apparel retailer’s three locations, its private labels thrive and margins are higher, but it’s “years away” from having an extensive global footprint, co-founder Michael Mente said Tuesday. Revolve, which sells its own brands and other fashion labels mostly online, opened its third store just over a month ago at the Aventura Mall in the Miami area, and it’s surpassing the company’s expectations. Store events and the assortment, including various curated edits throughout the year, cater to the local lifestyle and culture .

More Retail News

Walmart ramps up Sparky features in time for the holidays

Amazon adds over 100 Alexa for Shopping functions

Ikea leans into events for the holidays

E.l.f. Beauty growth driven by innovation, not just pricing power

Ethan Allen CEO out as chair after activist board shakeup

Revolve points to stores’ strengths but won’t rush to expand its fleet