All M&A articles
-
News briefs
Roots obtains clearance for its takeover by Marquee Brands
The Canadian outdoor lifestyle brand Roots Corporation has obtained clearance for its proposed acquisition by US brand management company Marquee Brands. The company secured shareholder approval, Canadian competition clearance and ultimately, on Oct. 15, the final order of the Ontario Superior Court of Justice for the plan of arrangement allowing ...
-
News briefs
Landsec increases its stake in Bluewater
Landsec has completed the acquisition of an additional 10 percent stake in Bluewater, one of the top-10 retail destinations in the UK. The net cash consideration for the acquisition of £95 million (€112m) represents a yield of 7.4 percnet based on the net rental income Landsec’s existing investment in Bluewater ...
-
News briefs
Frasers’ stake in Burberry rises to 7.42%
Frasers Group has increased its stake in Burberry Group to 7.42 percent from 6.32 percent, according to a bourse filling released by Burberry. The British luxury goods group was notified on Oct. 11 of the stake increase, which was completed on Oct. 8. On Sept. 30, the British retailer had ...
-
ArticleFrasers Group buys an 8.8% stake in Under Armour
Frasers Group has acquired an 8.8 percent stake Under Armour, according to a filing with the US Securities and Exchange Commission (SEC). The document showed that Frasers directly held 16,576,500 shares in the US sportswear group. The purchase of a stake in Under Armour comes after Frasers’ acquisitions of ...
-
News briefs
Former head of Deckers invests in Stoke Shoes
Stoke Shoes announced that Dave Powers, the former President and CEO of Deckers Brands, has joined the US company as an advisor and investor. Founded by Rick Blackshaw in 2025, Stoke Shoes is a performance-lifestyle brand ”engineered for the 97 million all-American men with wide feet overlooked by the athletic ...
-
News briefs
Oxy confirms plans to buy Aeffe and Pollini's assets
Oxy Capital Italia confirmed a binding offer valued at €115 million to buy Aeffe and its footwear unit Pollini. The investment will be made by a pool of industrial and financial investors, including an industrial group listed in China. The Italian bank illimity Banca Ifis is expected to provide the ...
-
News briefs
Dune London explores strategic options including its sale
Dune London is exploring strategic options, including a sale or an investment by a third party, as the founder and chairman of the British footwear retailer, Daniel Rubin, plans for his retirement, Drapers reported. FTI Consulting has been appointed to evaluate options for the fashion brand. The process is at ...
-
News briefs
Laced Europe is saved by AA Investment Group after going into administration
Laced Europe, a British online footwear marketplace specializing in authenticated sneakers, streetwear and luxury goods, has been taken over by A Beauty Inc Ltd, which is part of AA Investment Group. Established in 2015, Laced Europe was put into administration last month. On Sept. 22, Terri Mulgrew and Michael Kiely ...
-
News briefs
Kurt Geiger reportingly ready to sell its business managing Harrods and Selfridges shoe departments
Steve Madden is exploring the sale of Kurt Geiger’s business which manages the shoe departments of the London luxury stores Harrods and Selfridges and has hired the investment bank Solomon Partners as an advisor, according to Sky News. Sources said that the process is “at an early stage”, and prospective ...
-
ArticleSLE Schuh becomes the sole owner of Legero United after buying out Ara
Legero United is now solely owned by SLE Schuh GmbH after the company acquired the minority stake Ara AG held in the the Austrian footwear manufacturer that owns the brands Superfit, Legero and Think!. Until now, the Chief Executive Officer, Stefan Stolitzka, held a 50.1 percent stake in Legero Schuhfabrik ...
-
ArticleAlois Beck’s management takes over the company
Alois Beck GmbH is changing ownership, with the German shoe manufacturer’s management team set to acquire the company from the Bendeich family on Jan. 1, 2027. Under the new ownership structure, Ulrich Steinle, who joined the company this year and has 17 years of experience in building and selling ...
-
ArticleArnault family to simplify the corporate structure controlling LVMH
The Arnault family plans to simplify the chain of control over LVMH, the French luxury goods conglomerate, by merging Financière Agache into Agache, which in turn will merge with Christian Dior. Currently, Agache owns 100 percent of Financière Agache as well as a 0.65 percent stake in Christian Dior and ...
-
News briefsDebenhams reappoints Iain McDonald as Chairman
Debenhams Group, the British fast fashion retailer which was previously referred to as Boohoo, has reappointed, with immediate effect, Iain McDonald to the board as non-executive Chair. He already served on the company’s board between June 2017 and February 2026. “It was a very difficult decision to step away ...
-
News briefs
Authentic Brands Group mulls IPO in 2027
Authentic Brands Group (ABG) could launch an initial public offering as early as the first half of 2027, the Chief Executive Offier, Matt Maddox, told Bloomberg. Maddox, who succeeded founder Jamie Salter as CEO earlier this year, said that ABG has the systems, staff and corporate structure in place to ...
-
News briefs
Debenhams sells its Sheffield distribution center to Primark
Debenhams Group, the British fast fashion retailer which was previously referred to as Boohoo, has sold the automation in its Sheffield distribution center in England and reassigned the lease to Primark Stores Limited for £90 million (€104.7m) in cash. Debenhams received £76.5 million on completion and the remaining £13.5 million ...
-
ArticleU-Power continues to expand with the acquisition of Kübler Workwear
U-Power, an Italian supplier of personal protective equipment (PPE) with a focus on safety footwear, has signed a binding agreement to buy a 100 percent stake in the German company Paul H. Kübler Bekleidungswerk GmbH & Co. KG, which trades under the name Kübler Workwear. The deal is expected ...
-
News briefs
Indian sneaker brand Zaydn raises $680,000 in seed funding round
Zaydn, a New Delhi-based sneaker and lifestyle brand founded in 2022 by Ankit Dass, has secured approximately $680,000 in a seed funding round led by Inflection Point Ventures, a venture capital firm headquartered in Gurugram, India. The round also saw participation from BeyondSeed and a group of private angel investors. ...
-
ArticleAzzas 2154 to be broken up
Azzas 2154 will be split into three entities just two years after its creation. The Brazilian fasion group is the result of the merger in 2024 of the footwear company Arezzo & Co and the apparel company Grupo Soma. The decision comes as the group’s leading shareholders, Alexandre Birman, the ...
-
News briefs
Frasers plans to hike its stake in Hugo Boss to above 50%
Frasers Group plans to increase its stake in Hugo Boss to above 50 percent. Following a public tender offer ended Aug. 13, Frasers owns 47.89 percent of the German fashion group. “There can be no certainty as to whether, when, or at what price any such acquisitions will be made, ...
-
News briefs
Marquee Brands buys Roots
The Canadian lifestyle brand Roots has agreed to be acquired and taken private in a transaction led by Marquee Brands, working with Canadian retail executives Joseph Mimran and Frank Rocchetti through JM&A Design and Development. The deal values Roots shares at C$4.10 in cash, a 36 percent premium to their ...
