Acquisitions
CEO Giorgio Presca exits Clarks
According to several reports on the news, the CEO of Clarks has reportedly left the business. Other members of the company’s executive team are allegedly leaving as well
Boohoo buys several brands from Arcadia
The United Kingdom-based online fashion retailer acquired Dorothy Perkins, Burton and Wallis' brands, its intellectual property and stocks for 25.2 million British pounds in cash
JD Sports Fashion to acquire US-based DTLR
The UK-based retailer of sports, fashion and outdoor brands, announces it entered into a conditional agreement for the acquisition of 100% of DTLR Villa LLC, a US-based lifestyle retailer with roughly 250 stores in 19 states
Li Ning’s unit Viva China to acquire majority stake at Clarks
The Chinese gymnast-turned-businessman Li Ning is about to take control of the British shoemaker less than a month after Clarks sold a majority stake to the Hong Kong-based private equity firm LionRock Capital, of which Li is Non-Executive Chairman
G-III enters the race to buy Arcadia
The New York-based group G-III Apparel is said to have entered the race to acquire Arcadia and to be among the top four candidates (Next, Boohoo and American-based Authentic Brands). However, G-III has not yet publicly confirmed
JD Sports buys menswear retailer Wellgosh
The British sports-fashion retailer JD Sports acquired the Leicester-based menswear retailer Wellgosh. The financial terms of the transaction were not disclosed yet
Arcadia’s Evans brand acquired by Australia’s City Chic for 23 million British pounds
The agreement includes the acquisition of the Evans brand, the eCommerce and wholesale businesses for 23.1 million British pounds in cash by City Chic. This deal, excludes the brick and mortar stores and follows Arcadia entering into administration a few weeks ago
adidas to sell Reebok business
In a statement recently issued, the Germany-based company said that as part of the development of its new five-year strategy, adidas has begun to assess strategic alternatives for Reebok
Dr. Martens could launch IPO soon
The British-based footwear brand known for its iconic boots has reportedly appointed Goldman Sachs and Morgan Stanley to lead its initial public offering (IPO)
Eurazeo Brands buys Axel Arigato for 56 million euros
The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson
VF to buy Supreme
The branded lifestyle apparel, footwear and accessories group VF announced a definitive merger agreement has been achieved to acquire Supreme, a privately-owned global streetwear brand from current investors, The Carlyle Group and Goode Partners
Chanel buys majority stakes in shoemaker Ballin and tannery Gaiera
Chanel continues to reinforce its network of suppliers as it acquires majority stakes in Italian luxury shoemaker Ballin and tannery Conceria Gaiera Giovanni
Former André stores to be auctioned
Shoe Intelligence is reporting that 25 former André stores to be auctioned
Chanel buys Conceria Gaiera
This new deal will contribute to increasing Chanel’s control on the supply chain of leather. The French luxury brand had already made similar deals in the past
Iconix Brand Group is exploring sale
The Board of the Iconix Brand Group has decided to broaden its exploration of strategic alternatives available to the company to enhance shareholder value, including a potential sale-
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