Mergers and acquisitions news and archive

Frasers Group increases exposure to Asos

Sports Direct’s parent company has increased its financial commitment to Asos. According to a regulatory filing, Frasers Group has purchased additional "sold put options", increasing its total exposure in the e-commerce company to 29.26 percent. Frasers currently holds 23.33 percent of direct shares, making it one of Asos' largest shareholders....

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Puig and Estée Lauder confirm merger negotiations

Madrid – A potential, and it must be stressed potential, merger of giants in the fashion and beauty world is on the horizon. Both the Spanish company Puig, owner of Carolina Herrera and Jean Paul Gaultier, and the US-based The Estée Lauder Companies, which owns Tom Ford, Clinique and Mac, have confirmed they are in negotiations to merge. This...

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MySize subsidiary Naiz Fit to acquire assets of EyeFitU

Israel-based fashion technology firm MySize has announced that its subsidiary, Naiz Fit, has signed a non-binding letter of intent (LOI) to acquire selected assets of EyeFitU. Based in Switzerland, EyeFitU provides digital sizing and fit solutions for international fashion retailers and sportswear brands. The acquisition is expected to integrate...

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Tomorrow Group acquired by Italian investor Progetto 11

London-based brand development firm Tomorrow Group has found a new owner in Progetto 11, the Italian holding company of e-tailer The Level Group. Andrea Ciccoli, co-founder of The Level Group, confirmed the news to WWD, stating that the deal would “ensure the operational continuity” of the fashion platform. While financial details were not...

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Following the Les Lunes acquisition: The next steps for Snocks

Snocks continues on its growth trajectory. Following a successful 2025 financial year, where the German sock and underwear specialist grew by 20 percent, the company has once again expanded its portfolio and rescued Les Lunes from insolvency. The womenswear brand is now set to be revamped. Rehan Choudhry, who leads Snocks as co-CEO alongside...

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Levi Strauss completes sale of Dockers brand to Authentic

US denim giant Levi Strauss announced the final closing of the sale of its Dockers brand to the US brand management firm Authentic Brands Group on February 27, 2026. This transaction marks a significant shift in the long-term strategy of the company as it seeks to streamline operations and focus on high-growth assets. The divestiture follows a...

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Soles4Souls acquires Erren Recondition to scale circular solutions

US-based nonprofit Soles4Souls has announced the acquisition of Erren Recondition, a Netherlands-based specialist in footwear and apparel reconditioning. The move is designed to enhance the ability of Soles4Souls to provide scalable circularity services for brands and retailers, focusing on extending product lifespans and reducing textile waste....

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Jack and Sage expands into logo wear segment through Kastlfel acquisition

Colorado-based outdoor apparel company Jack and Sage has acquired the assets, intellectual property and inventory of sustainable apparel label Kastlfel, marking a strategic expansion into the sustainable basics segment. Financial terms of the deal were not disclosed. The transaction also includes a partnership with Kastlfel’s parent company,...

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Lanvin Group sells Caruso to MondeVita Italy

Raffaele Caruso has completed an ownership transfer from its former shareholder, Lanvin Group, to MondeVita Italy srl. MondeVita Italy srl is part of Mondevo Group, an international investment group backed by private investors with a long-term outlook. Mondevo Group was founded by Hussam Otaibi, founder and chairman, and Fabio Brambilla,...

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US firm Blue Water Venture Partners to acquire Jacadi

Paris, France – The international investment firm Blue Water Venture Partners has announced its intention to acquire children's fashion brand Jacadi Paris. The firm is led by New York-based investor Joseph Hernandez. The news was reported by Les Echos on Thursday. In a statement dated Monday, the investment firm announced it has signed a “letter...

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Frasers Group snaps up majority stake in Italy’s Maxi Sport

British retail giant Frasers Group has secured a majority stake in Maxi Sport SpA, an Italian multi-sport retailer, as it continues to enact its global expansion strategy. Exact terms and details of the agreement, including the size of the acquired stake, were not initially disclosed in the announcement. Maxi Sport’s owners, Emanuele, Giovanni,...

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Lenzing acquires majority stake in TreeToTextile

Austrian fibre manufacturer Lenzing AG (Lenzing) is set to acquire a majority stake in the Swedish company TreeToTextile AB. In a statement, the group described the planned acquisition as a “further strategic milestone”. The company, founded in 2014, represents “the next major technological breakthrough in cellulosic fibre production”. Lenzing...