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Blackstone Buying Majority Stake in Spanx

The Wall Street Journal2021-10-20

The deal values the shapewear maker at $1.2 billion. Blackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...

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FlareSpark
·2021-10-20
Lady the big spender
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Boazzz
·2021-10-20
Inspiring
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relaxlah
·2021-10-20
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DuckgeniusMY
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Cool
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IcyAlchemist
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Like and comments
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CalvinYeo
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cuscous
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股你怕么
·2021-10-20
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BX","symbol_name":"黑石","start_time":0,"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","article_id":"1103412427","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","pubTimestamp":1634739288,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BX":"黑石"},"translate_title":"黑石收购Spanx多数股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BX":0.9},"content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. 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Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":853086028,"gmtCreate":1634742091105,"gmtModify":1634742213991,"author":{"id":"3567934801618469","authorId":"3567934801618469","name":"Boazzz","avatar":"https://static.tigerbbs.com/20d65f30895e0ab786dba18ca130d7c7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3567934801618469","authorIdStr":"3567934801618469"},"htmlText":"Inspiring&nbsp;","listText":"Inspiring&nbsp;","text":"Inspiring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853086028","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":853033239,"gmtCreate":1634740543155,"gmtModify":1634740543309,"author":{"id":"4093051399756810","authorId":"4093051399756810","name":"relaxlah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4093051399756810","authorIdStr":"4093051399756810"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/853033239","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6266712,"gmtCreate":1634741628031,"gmtModify":1634741628152,"authorId":3574948385311046,"author":{"id":3574948385311046,"idStr":"3574948385311046","authorId":3574948385311046,"name":"JASRICH","avatar":"https://static.tigerbbs.com/f7ba205e3b289d35d298ed9ecc1aca5f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853033239,"type":1,"supId":6266502,"prevId":0,"content":"<u>K</u>","text":"<u>K</u>","html":"<u>K</u>"},{"id":6266502,"gmtCreate":1634740551322,"gmtModify":1634740551359,"authorId":4093051399756810,"author":{"id":4093051399756810,"idStr":"4093051399756810","authorId":4093051399756810,"name":"relaxlah","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853033239,"type":1,"supId":0,"prevId":0,"content":"like","text":"like","html":"like"}],"langContent":"CN"},{"id":853098021,"gmtCreate":1634740032895,"gmtModify":1634764484551,"author":{"id":"3582186923187499","authorId":"3582186923187499","name":"DuckgeniusMY","avatar":"https://static.tigerbbs.com/35305016933b9ee5f9c55d728a31cc06","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582186923187499","authorIdStr":"3582186923187499"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853098021","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":853007863,"gmtCreate":1634739649617,"gmtModify":1634739649853,"author":{"id":"3586429646894350","authorId":"3586429646894350","name":"IcyAlchemist","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586429646894350","authorIdStr":"3586429646894350"},"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/853007863","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6266379,"gmtCreate":1634740040436,"gmtModify":1634740040556,"authorId":3582186923187499,"author":{"id":3582186923187499,"idStr":"3582186923187499","authorId":3582186923187499,"name":"DuckgeniusMY","avatar":"https://static.tigerbbs.com/35305016933b9ee5f9c55d728a31cc06","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853007863,"type":1,"supId":0,"prevId":0,"content":"<u>Sure</u>","text":"<u>Sure</u>","html":"<u>Sure</u>"},{"id":6266364,"gmtCreate":1634739957906,"gmtModify":1634739957941,"authorId":3573623994106312,"author":{"id":3573623994106312,"idStr":"3573623994106312","authorId":3573623994106312,"name":"Wins888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853007863,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":6266355,"gmtCreate":1634739900372,"gmtModify":1634739900478,"authorId":3559088164596385,"author":{"id":3559088164596385,"idStr":"3559088164596385","authorId":3559088164596385,"name":"troedas","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853007863,"type":1,"supId":0,"prevId":0,"content":"<u>liked</u>","text":"<u>liked</u>","html":"<u>liked</u>"}],"langContent":"CN"},{"id":853004217,"gmtCreate":1634739595200,"gmtModify":1634739641087,"author":{"id":"3578176602660058","authorId":"3578176602660058","name":"63031164","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578176602660058","authorIdStr":"3578176602660058"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853004217","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6266444,"gmtCreate":1634740319685,"gmtModify":1634740319721,"authorId":3575980094521663,"author":{"id":3575980094521663,"idStr":"3575980094521663","authorId":3575980094521663,"name":"Bluem","avatar":"https://static.tigerbbs.com/2ea0046117889d9c87b13a313a480e69","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853004217,"type":1,"supId":0,"prevId":0,"content":"mm","text":"mm","html":"mm"}],"langContent":"CN"},{"id":853004645,"gmtCreate":1634739590637,"gmtModify":1634739640829,"author":{"id":"3577186064735986","authorId":"3577186064735986","name":"CalvinYeo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3577186064735986","authorIdStr":"3577186064735986"},"htmlText":"Do like, thanks","listText":"Do like, thanks","text":"Do like, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/853004645","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6266399,"gmtCreate":1634740108963,"gmtModify":1634740109081,"authorId":3566210733768327,"author":{"id":3566210733768327,"idStr":"3566210733768327","authorId":3566210733768327,"name":"Soontonghuat","avatar":"https://static.tigerbbs.com/59798fa98f38b8f9572d4201a9cbae42","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853004645,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6266281,"gmtCreate":1634739599333,"gmtModify":1634739599370,"authorId":3578176602660058,"author":{"id":3578176602660058,"idStr":"3578176602660058","authorId":3578176602660058,"name":"63031164","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853004645,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":853004933,"gmtCreate":1634739580920,"gmtModify":1634739581193,"author":{"id":"3577791168754223","authorId":"3577791168754223","name":"cuscous","avatar":"https://static.tigerbbs.com/1cfa8d6707aed819f38da0e63e6b85c9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577791168754223","authorIdStr":"3577791168754223"},"htmlText":"Wo2wee3","listText":"Wo2wee3","text":"Wo2wee3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853004933","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":853004088,"gmtCreate":1634739579627,"gmtModify":1634739579769,"author":{"id":"4088305975079810","authorId":"4088305975079810","name":"Roy9999","avatar":"https://static.tigerbbs.com/375af6eea411a48f25f7c0301e2f6056","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4088305975079810","authorIdStr":"4088305975079810"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/853004088","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6266322,"gmtCreate":1634739762062,"gmtModify":1634739762100,"authorId":4088305975079810,"author":{"id":4088305975079810,"idStr":"4088305975079810","authorId":4088305975079810,"name":"Roy9999","avatar":"https://static.tigerbbs.com/375af6eea411a48f25f7c0301e2f6056","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853004088,"type":1,"supId":0,"prevId":0,"content":"thanks","text":"thanks","html":"thanks"},{"id":6266280,"gmtCreate":1634739597704,"gmtModify":1634739597739,"authorId":3577186064735986,"author":{"id":3577186064735986,"idStr":"3577186064735986","authorId":3577186064735986,"name":"CalvinYeo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853004088,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"CN"},{"id":853002611,"gmtCreate":1634739505897,"gmtModify":1634739506483,"author":{"id":"3576816969360521","authorId":"3576816969360521","name":"股你怕么","avatar":"https://static.tigerbbs.com/ea4af6f5bc52855706c4d530b3901e85","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576816969360521","authorIdStr":"3576816969360521"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/853002611","repostId":1103412427,"repostType":4,"repost":{"id":"1103412427","kind":"news","pubTimestamp":1634739288,"share":"https://www.laohu8.com/m/news/1103412427?lang=&edition=full","pubTime":"2021-10-20 22:14","market":"us","language":"en","title":"Blackstone Buying Majority Stake in Spanx","url":"https://stock-news.laohu8.com/highlight/detail?id=1103412427","media":"The Wall Street Journal","summary":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake","content":"<blockquote>\n <b>The deal values the shapewear maker at $1.2 billion.</b>\n</blockquote>\n<p><b><a href=\"https://laohu8.com/S/BX\">Blackstone Group LP</a></b> is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.</p>\n<p>The deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.</p>\n<p>Ms. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.</p>\n<p>She cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.</p>\n<p>The company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.</p>\n<p>“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”</p>\n<p>Ms. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.</p>\n<p>“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”</p>\n<p>Ms. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.</p>\n<p>The deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello <a href=\"https://laohu8.com/S/SBCP\">Sunshine</a> ina deal announced in August.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blackstone Buying Majority Stake in Spanx</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackstone Buying Majority Stake in Spanx\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s ...</p>\n\n<a href=\"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.wsj.com/articles/blackstone-buying-majority-stake-in-spanx-11634738417?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103412427","content_text":"The deal values the shapewear maker at $1.2 billion.\n\nBlackstone Group LP is buying a majority stake in Spanx Inc., becoming the first outsider to put money into a company that revolutionized women’s shapewear.\nThe deal values Spanx at $1.2 billion, the companies said. Spanx founder Sara Blakely will maintain a significant stake in the company and will continue to oversee operations. She will become the company’s executive chairwoman when the deal closes.\nMs. Blakely, who founded the company in 2000 with $5,000 she earned from selling fax machines in her hometown of Clearwater, Fla., was inspired to create shapewear made from comfortable hosiery material when she couldn’t find anything that would conceal her undergarments under a pair of cream-colored pants.\nShe cut the legs off a pair of control-top pantyhose, and the idea for Spanx was born. The product was an immediate hit with women,becoming a well-known branddespite not advertising for the first 16 years of its existence.\nThe company now makes other forms of apparel and activewear, in addition to its signature line of shapewear. Ms. Blakely said she wanted to join with Blackstone to continue to expand that product line and to push further into global markets.\n“People have been asking me for 20 years when I will sell Spanx, and for 20 years I have said I’ll just know,” Ms. Blakely said. “I operate very much based on instinct.”\nMs. Blakely, who years ago pledged to “advocate for women through products,” worked with an all-female deal team at Blackstone, led by Managing Director Ann Chung. The lawyers who worked on the deal were also women, and the company has pledged to appoint an all-women board.\n“Sara is an iconic founder and has built this brand that we consider to be a household brand,” said Ms. Chung, who oversees consumer deals for Blackstone’s growth business. “Most women in the U.S. today have some Spanx in their closet.”\nMs. Chung said Blackstone was attracted to Spanx’s digital prowess—the company gets two-thirds of its sales through its website—and to the value of the technology it uses to make its products. She said there was a significant opportunity to expand the business by ramping up marketing.\nThe deal for Spanx is Blackstone’s latest move to back a woman-run business.The firm investedinBumbleInc.,run by Whitney Wolfe Herd, which went public earlier this year. It also backed Reese Witherspoon’s media company Hello Sunshine ina deal announced in August.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6266277,"gmtCreate":1634739571290,"gmtModify":1634739571412,"authorId":3577791168754223,"author":{"id":3577791168754223,"idStr":"3577791168754223","authorId":3577791168754223,"name":"cuscous","avatar":"https://static.tigerbbs.com/1cfa8d6707aed819f38da0e63e6b85c9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3582023311610406,"repliedAuthor":{"id":3582023311610406,"idStr":"3582023311610406","authorId":3582023311610406,"name":"Stephanie58","avatar":"https://static.tigerbbs.com/3ad2409c4debb23bdfeaf6c92729dba5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":853002611,"type":1,"supId":6266264,"prevId":6266272,"content":"oki","text":"oki","html":"oki"},{"id":6266272,"gmtCreate":1634739557238,"gmtModify":1634739557357,"authorId":3582023311610406,"author":{"id":3582023311610406,"idStr":"3582023311610406","authorId":3582023311610406,"name":"Stephanie58","avatar":"https://static.tigerbbs.com/3ad2409c4debb23bdfeaf6c92729dba5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853002611,"type":1,"supId":6266264,"prevId":0,"content":"Good","text":"Good","html":"Good"},{"id":6266264,"gmtCreate":1634739514125,"gmtModify":1634739514168,"authorId":3576816969360521,"author":{"id":3576816969360521,"idStr":"3576816969360521","authorId":3576816969360521,"name":"股你怕么","avatar":"https://static.tigerbbs.com/ea4af6f5bc52855706c4d530b3901e85","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":853002611,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":71,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}