Acquisitions
Authentic Brands and DSW acquire Camuto
Authentic Brands Group LLC (ABG) has entered into a definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group's proprietary brands in partnership with DSW Inc.
Michael Kors acquires Versace
The London-based fashion luxury group announced a definitive agreement to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace for a total value of 1.83 billion euros. Holdings Limited will be renamed to Capri Holdings Limited
JackRabbit acquires Rhythm Running
Going back to the acquisition market, JackRabbit announced the company has acquired Nashville-based Rhythm Running. In addition, the company is opening new stores
Rockport seeking approval of sale to Charlesbank
The company which filed for bankruptcy back in May, announced that, after completing a court-approved marketing process, it intends to complete the previously announced asset purchase agreement with CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners LLC
Richemont sells Lancel to Piquadro
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA
Flip Flop Shops sold to Bearpaw
Cherokee Global Brands, a global brand marketing platform that manages a portfolio of fashion and lifestyle brands, announced the sale of Flip Flop Shops, its franchise retail chain, to Bearpaw Holdings, LLC for an undisclosed amount
VF Corporation completes acquisition of Altra
The North Carolina-based group of branded lifestyle apparel, footwear and accessories announced that it has completed its acquisition of the Altra brand, an athletic and performance-based lifestyle footwear brand, from ICON Health & Fitness, Inc
Burberry's new strategic investment
The London-based global luxury brand Burberry announced it has entered into an agreement to acquire a luxury leather-goods business from longstanding Italian partner CF&P
CCC buys Shoe Express
Polish-based footwear retailer and manufacturer CCC has bought a 100% stake in Romania-based company Shoe Express. Deal amounts to 33 million euros
Kathmandu focus on international expansion
The outdoor equipment retailer has returned to international expansion with the acquisition of a US shoe wholesaler about three years after closing its unprofitable British stores
VF to acquire Altra
The North Carolina-based company, specialised in branded lifestyle apparel, footwear and accessories, and ICON Health & Fitness, Inc. announced they have signed a definitive purchase agreement for the Altra footwear brand
Endless sells footwear retailer to Pavers
The private equity investor has sold UK-based footwear retailer Jones Bootmaker to Pavers Limited. Financial terms of the deal weren’t disclosed
CCC to buy Romanian franchise
The Polish-based footwear company has signed a non-binding agreement to buy the company owning their franchise in Romania. The deal should amount to 33 million euros
Michael Kors completes acquisition of Jimmy Choo
Under the terms of the transaction, Jimmy Choo shareholders received 230 pence per share with a total transaction value of approximately 1.35 billion US dollars
Michael Kors to buy Jimmy Choo
With the acquisition of the iconic luxury accessories brand, Michael Kors expects to expand its leadership position in the global fashion luxury segment and strengthen future growth opportunities-
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