World Footwear

Acquisitions

Authentic Brands Group valued at 12.7 billion US dollars

Nov 29, 2021 / United States
The retail conglomerate, whose portfolio of brands includes Forever 21 and Barneys New York, is delaying its planned initial IPO and selling major equity stakes in its business

Li Ning to acquire Amedeo Testoni

Nov 12, 2021 / Hong Kong
Viva China Holdings Limited, the parent group of Clarks is consolidating its position in the footwear market, this time by acquiring Italian brand Amedeo Testoni. The deal should amount to 5.6 million euros

JD Sports acquires Cosmos

Nov 8, 2021 / United Kingdom
The retailer of sports, fashion and outdoor brands acquired 80% of Cosmos Sport S.A. (based in Crete, Greece). Cosmos operates 57 stores in Greece and 3 in Cyprus

Minelli sold to the owners of San Marino

Oct 6, 2021 / France
Vivarte has concluded the sale of its footwear and accessories brand Minelli to the businessmen Stéphane Collaert and Laurent Portella, who also purchased the footwear brand San Marino in February 2020

Saadia Group to acquire Aquatalia

Sep 29, 2021 / United States
The US multicategory product manufacturing, wholesaling, distribution and retailing company has agreed to acquire the assets of the Italian footwear and accessories brand. Aquatalia becomes the first luxury label in Saadia's portfolio

Foot Locker completes acquisition of WSS

Sep 23, 2021 / United States
The New York-based specialty athletic retailer has completed its acquisition of Eurostar, Inc. (WSS), a US-based athletic footwear and apparel retailer that primarily operates on the West Coast

adidas to sell Reebok to Authentic Brands Group

Aug 12, 2021 / Germany
The Germany-based sportswear giant entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to 2.1 billion euros

Wolverine buys women’s activewear brand Sweaty Betty

Aug 5, 2021 / United States
The Michigan-based group which counts with a varied portfolio of footwear and lifestyle brands has acquired Sweaty Betty, a global fitness and lifestyle brand. The all-cash transaction is valued at approximately 410 million US dollars

Foot Locker enhances positioning in North America with acquisition of WSS

Aug 4, 2021 / United States
The New York-based specialty athletic retailer announced it has entered into a definitive agreement to acquire Eurostar, Inc. (WSS), a US-based athletic footwear and apparel retailer, which primarily operates on the West Coast

Foot Locker accelerates Asia-Pacific expansion with acquisition of atmos

Aug 2, 2021 / Asia Pacific
The retailer has entered into a definitive agreement to acquire Text Trading Company, K.K., which owns and licenses the atmos brand, a digitally led, premium, global retailer headquartered in Japan

LVMH to buy majority stake in Off-White

Jul 20, 2021 / France
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand

L Catterton acquires majority stake in Italian-based Etro

Jul 19, 2021 / Italy
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman

Richemont acquires Delvaux

Jul 5, 2021 / Switzerland
The Switzerland-based luxury goods holding company announced it has acquired 100% of Delvaux, the renowned Belgian luxury leather goods Maison, in a private transaction

Vivarte is selling Minelli

Jul 1, 2021 / France
Vivarte has entered exclusive talks to sell its footwear and accessories brand Minelli to the businessmen Stéphane Collaert and Laurent Portella, the managers of footwear brand San Marina

JD Group acquires Deporvillage in Spain

Jun 28, 2021 / United Kingdom
The retailers of sports, fashion and outdoor brands, announced that Iberian Sports Retail Group SL, its existing 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL
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