Ascena Retail Group sells stake in retail chain Maurices The owner of Ann Taylor and Dressbarn has sold its majority interest to an affiliate of OpCapita, a private equity firm that specialises in the retail, consumer and leisure industries. The transaction has an enterprise value of $300m. Read more.

BlackCurve raises £1.5m in funding round led by Nauta Capital BlackCurve, a pricing optimisation company, uses artificial intelligence to help retailers manage and optimise the price of each item they sell. The company partners with retailers across several sectors including sporting equipment and garden & outdoor. Read more.

Private equity firm ACON Investments acquires JD Beauty Co. As part of the deal, JD Beauty - the New York-based manufacturer of beauty products - will merge with Goody, which was purchased by ACON Investments from Newell Brands in August last year. Read more.

Eurazeo sells stake in luxury label Moncler The French private equity company will sell its remaining 4.8% stake, which is valued at approximately €452m. In 2018, sales at Moncler rose by 19.4% to €1.4bn. Read more.

Private equity firm Peak Rock purchases Turkey Hill The brand, previously owned by Kroger, produces a wide range of beverages and frozen dairy products. Last year, Peak Rock acquired food producer Pretzels and Louisiana Fish Fry Products. Read more.

Textile discounter NKD purchased by TDR Capital NKD offers a wide range of seasonal fashions, home textiles, and home accessories in its almost 1,800 stores. In 2018, the company generated sales of €700m. Read more.