Mergers and acquisitions news and archive

As growth momentum fades, is Jacquemus seeking investment?

French fashion label Jacquemus last week established its first permanent US presence with a flagship store in New York's Soho district, a strategic move that coincides with reports of the brand seeking minority investment. The 2,906-square-metre location represents a significant commitment to the American market, even as the independently-owned...

Business

N Brown to be taken private through 191 million pounds deal

Bidco, a newly formed company owned and controlled by Joshua Alliance, will acquire fashion retailer N Brown for approximately 191 million pounds. The company has offered 40p per share in cash compared with N Brown’s closing price of 27p yesterday. The Alliance family already owns around 60 percent of N Brown’s total shares. Bidco said in a...

Business

Vista Outdoor sells Revelyst and The Kinetic Group to two buyers for 3.5 billion dollars

Outdoor sports products manufacturer Vista Outdoor has secured two deals to offload performance gear brand Revelyst and its ammunition business, the Kinetic Group, following a long-winded bidding battle. For Revelyst, Vista Outdoor has entered into a definitive agreement with funds managed by Strategic Value Partners, LLC, (SVP) and its...

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Mytheresa closes the deal to acquire YNAP from Richemont

Mytheresa has acquired 100 percent of the share capital of Yoox Net-A-Porter Group (YNAP). At transaction closing, Richemont will sell YNAP to Mytheresa with a cash position of 555 million euros and no financial debt. Richemont will also make available a six-year revolving credit facility of 100 million euros to finance YNAP’s general corporate...

Business

Authentic completes Champion acquisition, announces new brand partners

HanesBrands has completed the sale of the intellectual property and certain operating assets of the global Champion business to Authentic Brands Group. It is the second-largest brand acquisition in Authentic’s history. “With the successful completion of this transaction, combined with our internal cash generation, we expect to pay down...

Business

Groupe Rocher completes the sale of its Ploërmel plant to Arcade Beauty

French company Groupe Rocher has completed the sale of its Ploërmel plant to Arcade Beauty, which was announced in June 2024. The company added that the signing of the sale agreement is the culmination of a long history for the Ploërmel site, acquired in 1982. Commenting on the development, Jean-David Schwartz, CEO of Groupe Rocher, said: "The...

Business

Remo Ruffini partners with LVMH to increase his stake in Moncler

LVMH has purchased a 10 percent stake in Double R, the investment vehicle controlled by Remo Ruffini’s holding company, Ruffini Partecipazioni Holding that owns a direct stake in Moncler equal to approximately 15.8 percent. The company said in a statement that the partnership between Ruffini Partecipazioni Holding and LVMH, will reinforce Remo...

Business

Lolë acquires cycling and sports brands owned by Louis Garneau Sports

Athletic wear brand Lolë has announced the acquisition of Louis Garneau Sports, a known company in the field of cycling and sports equipment with three brands: Garneau, Sugoi and Sombrio. The company said in a release that the strategic acquisition marks an important step in Lolë's expansion and strengthens its position in the global sportswear...

Business

Hotter Shoes owner acquires German brand Peter Hahn

Wourth Group, the owner of Hotter Shoes, has acquired German fashion brand Peter Hanh GmbH out of administration, expanding the group’s presence into the DACH region and the Netherlands. The company, which previously operated in the UK under the title WoolOvers Group, carried out the transaction as part of an insolvency plan which ensures the...

Business

Lolë acquires footwear brand Sanuk from Deckers

Lolë Brands has announced the acquisition of outdoor lifestyle footwear brand, Sanuk, previously a division of Deckers Brands. "Sanuk is iconic for its disruptive spirit and loyal fanbase, and we're pleased to welcome the brand to the Lolë family. We look forward to working alongside Katie and leveraging Lolë's resources and partnerships to...

Business

American Exchange Group acquires skincare brand Indie Lee

American Exchange Group has announced the acquisition of clean beauty skincare brand, Indie Lee. Founded in 2010, the company said in a release, Indie Lee is known for its range of clean skincare products. As a pioneer in the clean beauty movement, Indie Lee uses the natural, naturally-derived, and organic ingredients, combined with the advanced...

Business

GAB Group takes over nine Scotch & Soda stores in Belgium

Bluestar Alliance, owner of Scotch & Soda, has announced that the Alain Broekaert Group (GAB) has taken over nine Belgian Scotch & Soda stores, including those in Antwerp, Ghent and Bruges. They will continue as Scotch & Soda stores and reopen as early as autumn 2024. "We are delighted with this acquisition," said Alain Broekaert, CEO of GAB....