![]() ![]() The process attracted several bids from interested parties, with Ames Watson ultimately submitting the most compelling offer to SMU and its stakeholders. SSG’s ability to solicit offers from a broad universe of buyers in a fast-tracked process enabled the Company to maximize value, preserve the brand and maintain the loyalty of its customers. SSG conducted a comprehensive marketing process, contacting a broad universe of strategic and financial buyers to achieve an optimal outcome for the Company and its key stakeholders on an expedited basis. South Moon Under offers a unique mix of fashions while remaining true to its laid-back and free-spirited mindset instilled in the founding store over forty. The dramatic impact of COVID-19 on the retail industry further threatened the Company’s ability to operate on a going-concern basis. ![]() Additionally, in late 2020 SMU was the target of a malware attack that significantly disrupted its operations. Realtime driving directions to South Moon Under, 511 W Naylor Mill Rd, Salisbury, based on live traffic updates and road conditions from Waze fellow. However, the Company’s investments outpaced revenue growth and led to liquidity constraints. Use the PitchBook Platform to explore the full profile. In 2016, the Company developed a strategic plan to invest in its infrastructure and resources in anticipation of significant growth through the addition of new stores, expanded private label offerings, and continued development of its e-commerce platform. Information on valuation, funding, acquisitions, investors, and executives for South Moon Under. ![]() SMU experienced decades of growth and financial success. Through curated offerings, SMU has developed a dedicated client base attracted to the latest offerings from name brand and indie designers, as well as the Company’s own in-house private labels. Gurugram: In yet another tragic incident, a 35-year-old man crossing the Delhi-Jaipur highway was run over by an unknown vehicle and several other vehicles ran over his body, rendering him beyond recognition, police said on Friday. Founded more than 50 years ago as a surf shop in Ocean City, Maryland, South Moon Under has become a differentiated leader offering an omni-channel shopping experience for casual women’s and men’s fashions, swimwear, accessories, and housewares. ![]()
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