Acquisitions
Ferragamo acquires minority stake in three Greater China joint ventures
The Board of Directors of the luxury group has announced the purchase of the minority interests held by Imaginex Holdings and Imaginex Overseas in the three Greater China joint ventures
Steve Madden enhances its apparel platform with the acquisition of Almost Famous
The New York-based designer and marketer of fashion footwear, accessories and apparel announced the acquisition of the apparel company Almost Famous for 52 million US dollars
LVMH's Métiers d’Art acquires Spanish tannery Grupo Verdeveleno
The LVMH subsidiary designed to preserve the group's expertise in luxury raw materials and craftsmanship has acquired the Grupo Verdeveleno, a Spanish tannery specialising in exotic skins
Tapestry acquires Capri in 8.5 billion US dollars deal
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars
Hotter Shoes' CEO and CFO exit the company following the acquisition by WoolOvers
Both Ian Watson, Chief Executive Officer of the footwear brand, and Gavin Manson, its Chief Financial Officer, have reportedly resigned days after the acquisition by WoolOvers Group
Richemont acquires a controlling stake in the Italian shoemaker Gianvito Rossi
The Swiss-based luxury group has announced the acquisition of a controlling stake in the Italian shoemaking Maison Gianvito Rossi. The amount of the transaction was not disclosed
Kering buys a 30% stake in Valentino and announces first half results
The owner of Gucci will take a 30% stake in Valentino for 1.7 billion euros, with an option to buy 100% of the Italian brand's capital until 2028. Meanwhile, Kering's first half results disappoint
Authentic Brands Group acquires Rockport
The New York-based brand management company announced that it has received bankruptcy court approval to acquire the footwear brand Rockport, which had filed for Chapter 11 in June
WoolOvers Group rescues Hotter Shoes
The British footwear brand, until now run by the struggling Unbound Group, has been rescued by the natural knitwear brand WoolOvers, in a pre-pack deal worth 6.7 million British pounds (7.7 million euros)
JD Sports to take full control of the Iberian Business
The UK-based retailer intends to buy the remaining 49.98% shares in the Iberian Sports Retail Group (ISRG) for 500.1 million euros, thereby acquiring 100% ownership
Clergerie has found a new owner
Clergerie has been acquired by the California-based footwear company Titan Industries. The French-based luxury shoemaker had been placed into receivership on the 29th of March
Frasers Group to cut up to 200 jobs
The British retailer has confirmed it will cut around 200 jobs as it continues the process of increasing efficiencies across the company following a series of recent acquisitions
LVMH Métiers d’Art acquires majority stake in Italian tannery Nuti Ivo
LVMH's division aimed at preserving the French-based group's expertise in luxury raw materials and craftsmanship is now a majority partner of the Italian tannery Nuti Ivo SpA Group
Authentic Brands Group acquires Hunter Boots IP
Speculation is over. The New York-based brand management company has acquired the intellectual property of the British heritage brand Hunter Boots for an undisclosed sum
Permira to acquire majority stake in Gruppo Florence
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence-
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