Tapestry, Inc., the parent company of several leading accessories and lifestyle brands, including Coach and Kate Spade New York, has announced the sale of its Stuart Weitzman brand to Caleres, a portfolio of consumer footwear brands, for 105 million dollars in cash today. Caleres stated that it aims to fund the acquisition through the company’s...
19 Feb 2025
Returnless, the innovative solution for returns management, proudly announces that it has been acquired by the leading German software company JTL. This acquisition provides Returnless with access to JTL’s extensive network and expertise, which will not only accelerate growth within the German market but also contribute to strengthening and...
7 Jan 2025
Fashion Cloud, Europe's leading B2B platform for the fashion wholesale industry, announces the successful acquisition of the Stitch Showroom, the acclaimed Digital Showroom solution developed by PVH-backed venture, Stitch. The transaction combines Fashion Cloud’s strong data capabilities and all-in-one approach with the outstanding visual...
17 Nov 2023
British makeup brand Charlotte Tilbury has sold a majority stake of its company to Barcelona-based Puig. The Spanish fashion and fragrance group announced in a statement on Thursday that it would be acquiring a majority stake in the brand, while Charlotte Tilbury’s founder will retain a significant minority stake. Additionally, investing...
5 Jun 2020
Imperial Spa has acquired a majority stake in the Basel-based women’s fashion retailer Anouk SA. The transaction was carried out by the formation of the new company Imperial Retail Switzerland AG. Additionally, the Italian fast-fashion group will expand its online presence by launching an e-store in Switzerland under the brand name Anouk. Franç...
12 May 2020
Vision Investment Co. LLC, the Dubai-based investment vehicle of millionaire Hussain Sajwani, owner of real estate developer Damac Properties Group, will acquire Italian luxury fashion brand Roberto Cavalli. This ends weeks of speculation that saw several potential buyers, among them German fashion designer Philipp Plein together with private...
17 Jul 2019
Swiss group Maus Frères, which owns brands including Lacoste, Aigle and Gant, has been approved by the Autorité de la concurrence, to buyout French ready-to-wear label The Kooples, which is currently owned by its founding owners. According to a press release from the Autorité de la concurrence, the decision was made on May 20 without any...
21 May 2019
Sports Direct has announced it has paid 8 million pounds (10.2 million US dollars) to buy British retailer Evans Cycles after it fell into administration. Commenting on the Wednesday announcement in a statement, Sports Direct boss Mike Ashley said: “We are pleased to have rescued the Evans Cycles brand. However, in order to save the business we...
1 Nov 2018
London - Fellow footwear retailer Pavers has finally acquired Jones Bootmaker through a pre-pack administration deal, leading to 86 redundancies. The move comes close to a year after Pavers first made a bid for Jones Bootmaker, but lost its bid to private equity firm Endless. It marks the second time in a year that Jones Bootmaker has seen a...
27 Feb 2018
Troubled Chinese conglomerate Wanda announced Monday that e-commerce giant Alibaba has agreed to buy a stake in its cinema division for around 750 million US-dollars, the latest sell-off by the heavily-indebted group. Wanda Film said in a regulatory filing that Alibaba will buy a 7.66 percent stake for 4.68 billion yuan, and a holding company...
5 Feb 2018
London - Coach announced that its wholly owned subsidiary successfully completed its tender offer to acquire Kate Spade & Company. The New York-based company has acquired all the outstanding shares of common stock at 18.50 US dollars a share, for a total of 2.4 billion US dollars. The announcement comes after Coach extended its tender offer on...
11 Jul 2017
London - Rumours claiming LVMH had taken over streetwear style brand Supreme following its menswear collaboration with Louis Vuitton, previously revealed during Paris Fashion Week last month, for 500 million dollars are said to be untrue. On Thursday afternoon a report was published on Highsnobiety which hint that LVMH may have purchased Supreme...
10 Feb 2017
