All M&A articles

  • News briefs

    Permira reportedly hires advisors for Dr. Martens’ IPO

    2020-11-22T16:06:00Z

    The private equity company Permira has hired Goldman Sachs and Morgan Stanley to organize a possible initial public offering of Dr. Martens , according to media reports. The British private equity company plans to float the footwear company on the London Stock Exchange. Permira bought Dr. ...

  • HotterShoes
    News briefs

    ​Hotter owner prepares to sell the company

    2020-11-13T18:08:00Z

    Electra Private Equity has hired the investment bank Stifel Nicolaus Europe to prepare the sale of Hotter Shoes . The timing of the disposal will be determined over the coming months as trading patterns normalize in Hotter’s new business model focused on direct to consumer channels predominantly in the ...

  • VF Supreme
    Article

    VF buys Supreme in $2.1bn deal

    2020-11-10T15:56:00Z

    VF Corp. has announced a definitive agreement to acquire Supreme , a young and cool American streetwear brand that has become an iconic symbol of a countercultural approach to fashion. The transaction is expected to close before the end of 2020 and is based on an enterprise value of ...

  • Axel Arigato
    Article

    Eurazeo takes over premium sneaker brand Axel Arigato

    2020-11-09T15:46:00Z

    Eurazeo , the French investment company which recently sold its remaining stake in Farfetch , has bought a majority stake in Axel Arigato , a Swedish brand of premium sneakers, ready-to- wear and accessories for €56 million. The investment was carried out by Eurazeo Brands , a division focused ...

  • Melania logo
    News briefs

    Melania changes ownership

    2020-11-09T07:39:00Z

    Melania Italia , an Italian footwear company specializing in children’s shoes based in the footwear cluster in the Marche region, has been sold by the founding Gironacci family to two investors , F. C. Gruppo Imprenditoriale d’Investimenti and Società and D’Amico Group Holding Company . ...

  • Clarks
    Article

    ​Clarks reaches £100m rescue deal with private equity LionRock

    2020-11-04T18:04:00Z

    The Asian private equity firm LionRock Capital has reached an agreement to rescue the iconic British shoe brand Clarks in a £100 million (€110.9m, $130.0m) deal that will see the founding family keep a stake in the business. The deal, which requires approval of a Company Voluntary ...

  • Farfetch 2
    News briefs

    Eurazeo sells stake in Farfetch

    2020-11-04T17:06:00Z

    The French investment house Eurazeo has sold its minority stake in Farfetch , a London-based online marketplace for fashion and luxury goods brands and multi-brand boutiques present in 190 countries, for net proceeds of €90.4 million. After investing in Farfetch in 2016, Eurazeo said it helped Farfetch ...

  • Klarna
    News briefs

    Klarna snaps up Woilà

    2020-10-27T17:25:00Z

    Klarna, the Swedish online payments group which offers ”buy now, pay later” solutions, has acquired the technology and team of the startup Woilà , whose app allows consumers to get refunds if the price of a product falls after an online purchase is completed. Klarna said the acquisition, for ...

  • MyShoes
    News briefs

    MyShoes buys eight stores from Dielmann

    2020-10-25T17:56:00Z

    Schuhhaus Dielmann , the German footwear chain currently in administration under creditor protection proceedings, will sell eight stores to MyShoes . The deal still has to be cleared by the national competition regulator, Federal Cartel Office, and landlords, but is scheduled to close on Dec. 1. Previously Dielmann said ...

  • R.M. Williams
    Article

    Australian billionaire buys R.M. Williams

    2020-10-22T15:50:00Z

    An Australian billionaire, Andrew Forrest , has bought R.M. Williams , the producer of an iconic Australian outback boot, from L Catterton , a private-equity company backed by LVMH , and some minority shareholders including the Australian actor Hugh Jackman . No financial details were disclosed but the Australian ...

  • Italian flag
    Article

    New Italian fashion firm could expand into footwear

    2020-10-20T06:36:00Z

    A newly created high-end Italian fashion firm known as Florence could look to expand into footwear and other accessories in the medium term after having built up a manufacturing hub in clothing, said Francesco Trapani , the chairman of Florence and former chief executive of Italian luxury jeweler Bulgari ...

  • shoes com logo
    News briefs

    CPC completes purchase of Shoes.com

    2020-10-19T15:30:00Z

    CriticalPoint Capital (CPC), a Californian-based private equity firm, has completed the acquisition of Shoes.com from Walmart . No financial details were released. Shoes.com is an online retailer of footwear, apparel and accessories present in the U.S., and internationally, offering a broad assortment of athletic to casual brands ...

  • News briefs

    25 former André stores to be auctioned

    2020-10-11T12:57:00Z

    Twenty-five former shops of the French footwear retailer André will be auctioned from Oct. 27 to 30 in Grenoble. In July, a Grenoble-based court had chosen François Feijoo to take over André which had filed for insolvency. But, Feijoo only kept 55 of André’s stores, out of a ...

  • Chanel
    Article

    Chanel buys Italian luxury shoe maker Ballin

    2020-10-11T09:54:00Z

    Chanel has bought a majority stake in the Italian luxury shoe maker Ballin , which has its own brand and produces for third parties, including the French fashion house. The company will continue to be managed by the Ballin family and will be allowed to continue working with all ...

  • P448
    Article

    StreetTrend buys Italian sneaker brand P448

    2020-10-10T06:31:00Z

    StreetTrend has acquired the sneaker brand P448 from NoThank s, an Italian company based in Forli, and will enter it into its portfolio of footwear and fashion brands. StreetTrend is a fashion footwear and street wear brand company launched in 2017 by Wayne Kulkin , the ...

  • News briefs

    Clarks reportedly enters exclusive talks with LionRock Capital

    2020-10-04T19:22:00Z

    Clarks has decided to enter exclusive talks with LionRock Capital in order to sell a majority stake to the Hong Kong-based investment firm, the news agency Reuters reported citing a source familiar with the matter. It added that LionRock prevailed in an auction process and that ...

  • News briefs

    Dainese buys motorcycle boot producer TCX

    2020-10-01T15:25:00Z

    The Italian motorcycle gear and sportswear group Dainese has acquired TCX , an Italian producer of motorcycle boots. Financial details for the acquisition of TCX, which is based in Montebelluna in the province of Treviso, were not disclosed. “TCX possesses in-depth technical and development expertise in the ...

  • Allbirds Tree Dasher
    Article

    ​Allbirds raises $100 million in funding round

    2020-09-28T16:18:00Z

    Allbirds , the Californian brand of sustainable footwear, has closed a $100 million Series E funding round led by Franklin Templeton , alongside T. Rowe Price , Baillie Gifford , TDM Growth Partners , Rockefeller Capital Management and other investors. According to The Wall Street Journal, which ...

  • Brazil picture
    Article

    Brand reshuffle in the Brazilian footwear industry

    2020-09-28T06:28:00Z

    An asset reshuffle involving three of Brazil’s leading footwear manufacturers will result in Grendene  boosting its women’s collection, Vulcabras Azaleia  focusing on sportswear and Alpargatas  concentrating on its key brands, including Havaianas .

  • Tacco
    News briefs

    Alma FRC Group unit Débé takes over Tacco

    2020-09-28T05:52:00Z

    Tacco Footcare , a German shoe-care producer, announced on its Facebook page that it has been acquired by the Belgian insole producer Débé , which in turn is owned by Alma FRC Group , a French manufacturer of shoe care and shoe accessory products. Tacco will be included ...