BUZZ-Beyond up after global licensing program to sell Bed Bath & Beyond products

Reuters

2024/09/11

** Shares of online retailer Beyond Inc up 2.7% at $10.53

** BYON launches global licensing program to bring Bed Bath & Beyond products back on the shelves at retailers, as well as on online marketplaces

** BYON says granted category license to home textiles maker PEM America

** Beyond, formerly Overstock, had purchased home goods chain Bed Bath & Beyond's brand name, intellectual property and ecommerce platform in bankruptcy for $21.5 mln last year

** YTD, BYON down ~63%, as of last close

(Reporting by Juveria Tabassum in Bengaluru)

((Juveria.Tabassum@thomsonreuters.com;))

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