World Footwear

Acquisitions

Shoe Carnival Acquires Rogan’s Shoes

Feb 15, 2024 / United States
The US-based retailer has announced the acquisition of the 53-year-old footwear company Rogan’s Shoes for 45 million US dollars. It has also released preliminary results for its fiscal 2023

Farfetch shareholders join forces to oppose the takeover of Coupang

Jan 30, 2024 / United Kingdom
A group of Farfetch shareholders have come together to block South Korean e-commerce firm Coupang’s impending takeover of the luxury e-tailer, citing an untransparent sales process

Minelli finds a new set of owners

Jan 26, 2024 / France
The French footwear retailer avoids liquidation by being taken over by three investors. Only a third of the workforce and less than half of the stores will be retained

Owner of Athlete’s Foot acquires Lloyd Shoes

Jan 25, 2024 / Germany
The Swiss-based Arklyz Group has added another footwear brand to its portfolio by acquiring the German Lloyd Shoes from Ara Group, with all its operating subsidiaries

Wolverine Worldwide sells Sperry to ABG

Jan 15, 2024 / United States
Authentic Brands Group (ABG) has acquired the Sperry brand from Wolverine Worldwide for 130 million USD, bringing on board the Aldo Group to design, manufacture and distribute the brand globally

More on acquisitions in the European footwear sector

Dec 26, 2023 / Europe
The past two months have seen a number of transactions. The Italian shoemakers Dema and Asso have new owners. The Austrian retailer Leder & Schuh has acquired the brand rights of Delka

Caprice acquires Peter Kaiser

Dec 21, 2023 / Germany
The Pirmasens-based footwear manufacturer Caprice has acquired Peter Kaiser, one of Europe’s oldest women’s shoe brands. The company was declared insolvent in 2020

South Korean Coupang acquires Farfetch

Dec 19, 2023 / United Kingdom
The South Korean e-commerce giant has agreed to buy Farfetch in a bailout deal, providing the online luxury platform with 500 million USD in emergency funding. Deal to acquire a 47.5% stake in Yoox Net-a-Porter is off

Kering finalises the acquisition of a 30% stake in Valentino

Dec 6, 2023 / France
The French-based luxury group announced that it has completed the acquisition of a 30% shareholding in Valentino, following approval from the antitrust authorities

Gruppo Florence to launch Village of Wonders in 2024

Nov 30, 2023 / Italy
The Italian holding company, which owns 28 suppliers to the luxury goods industry, is planning to launch the Village of Wonders hub in Milan to showcase the skills of its various businesses

Ferragamo acquires minority stake in three Greater China joint ventures

Nov 2, 2023 / Italy
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

Oct 25, 2023 / United States
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

Sep 29, 2023 / France
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

Aug 10, 2023 / United States
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

Aug 3, 2023 / United Kingdom
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
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