World Footwear


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

Richemont acquires a controlling stake in the Italian shoemaker Gianvito Rossi

Aug 1, 2023 / Switzerland
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

Jul 28, 2023 / France
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

Jul 27, 2023 / United States
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

Jul 21, 2023 / United Kingdom
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

Jul 10, 2023 / United Kingdom
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

Jul 6, 2023 / France
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

Jun 13, 2023 / United Kingdom
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

Jun 7, 2023 / France
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

Jun 6, 2023 / United States
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

May 31, 2023 / Italy
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence

Authentic Brands Group eyeing Hunter Boots

May 23, 2023 / United States
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists

JD Sports set to purchase Groupe Courir

May 11, 2023 / United Kingdom
The UK-based retailer announced that it plans to acquire the French Groupe Courir for an enterprise value of 520 million euros as part of the previously outlined growth strategy

Skechers to acquire its Scandinavian distributor

May 9, 2023 / United States
The US-based footwear company announced that it has signed an agreement to purchase its existing Scandinavian distributor, Sports Connection Holding ApS
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