All M&A articles – Page 2
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ArticleZegna increases its stake in Norda
The Italian fashion group Ermenegildo Zegna has increased its stake in the Canadian trail-running shoe specialist Norda. “Our decision to increase our group’s stake in Norda reaffirms our strong belief in the brand’s long-term potential. Norda’s authentic identity, rooted in material innovation, lightness, and a compelling long-term value proposition fueled ...
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News briefs
Shoe Carnival renews a $50m share backbuy
Shoe Carnival’s board authorized a new share repurchase program of up to $50 million of its outstanding common stock, effective Jan. 1. The new share repurchase program will replace an existing $50 million share repurchase program that was authorized on Dec. 11, 2024, and will expire on Dec. 31, 2025. ...
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SponsoredZhejiang Huanqiu Shoes is looking for outdoor footwear companies
Zhejiang Huanqiu Shoes is playing a pivotal role in shaping the evolution of China’s modern footwear industry. Now they are looking for a footwear manufacturer to invest in.
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SponsoredZhejiang Huanqiu Shoes: A Growing Force in Global Footwear
Zhejiang Huanqiu Shoes is playing a pivotal role in shaping the evolution of China’s modern footwear industry. Now they are looking for a footwear manufacturer to invest in.
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ArticleRG Barry Brands takes over Green Market Services
RG Barry Brands, an American footwear and accessories company, has reached an agreement in principle to acquire substantially all the assets of Green Market Services (GMS). The proposed transaction includes GMS’ licensed slipper businesses for Clarks, Timberland, and its existing private label business, as well as the GMS team ...
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News briefs
HongShan Capital reportedly makes €2.5bn offer for Golden Goose
The Chinese fund HongShan Capital has made a €2.5 billion offer to buy Golden Goose, with the objective of signing a deal by Christmas, according to the Italian daily La Repubblica. If confirmed, the transaction would mark the fifth change of ownership in 12 years for the Italian sneaker ...
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News briefs
Next to increase its special dividend after a land sale
Next plans to increase its previously mentioned special dividend of about £3.10 (€3.5) per share by 45 pence (€0.51) after generating net cash proceeds of £54.1 million (€62m) from the sale of land near Waltham Abbey, England. In 2021, Next purchased land near Waltham Abbey with the intention of ...
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ArticlePortwest takes over Grupo Kondor Colombia
Portwest, an Irish provider of workwear, safety footwear and personal protective equipment, has acquired a majority shareholding in Grupo Kondor Colombia, the market leader in safety footwear in Colombia. No financial details were available. The acquisition supports Portwest’s strategy of expanding its global manufacturing and distribution footprint and strengthening its ...
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News briefs
H&M launches a SEK 1bn share buyback
H&M Hennes & Mauritz’s board has decided to launch a SEK 1 billion (€91m) share buyback. “The purpose of the buybacks is to distribute surplus liquidity and thereby adjust H&M’s capital structure by reducing its capital. Accordingly, the board of directors intends to propose to the 2026 annual general meeting ...
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ArticleASF 4.0 launches its Portuguese 'megafactory' after raising fresh cash
Advanced Shoe Factory 4.0 (ASF 4.0), a unit of the French textile producer Chamatex Group, said that it is proceeding with the launch of a “megafactory” in Portugal with the goal of producing 1.5 million pairs of sports shoes annually from 2030. The project is part of ASF 4.0’s ambition ...
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News briefs
Permira reportedly in talks to sell Golden Goose to HongShan Capital
The private equity firm Permira is in talks to sell Golden Goose to the Chinese fund HongShan Capital based on a valutation of more than €2.5 billion, according to the Italian daily Il Sole 24 Ore. If confirmed, the transaction will mark the fifth change of ownership in 12 years ...
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News briefsCoats completes OrthoLite acquisition
Coats Group, the British manufacturer of industrial threads and footwear components, announced on Oct. 30 that it had completed its acquisition of OrthoLite, the producer of footwear materials and insoles, as well as of Cirql, OrthoLite’s brand of sustainable materials. As we’ve reported, Coats announced its intentions back in July, ...
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ArticleAdvance Capital Partners and Mass to acquire Leder & Schuh
Advance Capital Partners, a Slovenian private equity firm, and Mass, a Slovenian retailer, have reached an agreement with owners of Leder & Schuh to acquire the Austrian company. With roots dating back to 1872, Leder & Schuh is one of Europe’s oldest footwear retailers. It operates 210 Humanic and Shoe4You ...
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News briefs
Coats starts building a factory in Indonesia
Coats Rejo Indonesia, which is part of the British manufacturer of industrial threads and footwear components, Coats, has begun building a new €35 million dyeing and finishing factory in Pleret, Indonesia. The facility will combine twisting, dyeing, yarn finishing and structural component production, with capacity projected to reach 9 tonnes ...
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ArticleBirkenstock buys its Australian distributor
Birkenstock Holding, the UK-based parent company of the German sandal maker, signed a definitive agreement for the acquisition of its long-standing distributor Birkenstock Australia Pty. Ltd. “This acquisition seeks to ensure a seamless succession for the two founders of Birkenstock Australia – Marcel and Manuela Goerke. Birkenstock’s commitment to invest ...
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News briefs
Eqwal buys Reed Medical
Eqwal, a French provider of custom orthopedic prosthetics, has acquired all the shares in Reed Medical, a British provider of bespoke footwear to the National Health Service in England and private market in the UK. No financial details were released. “This acquisition marks an exciting new chapter for Reed and ...
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ArticleArklyz continues to expand in footwear with the acquisition of Gabor
Arklyz, a Swiss sports and lifestyle firm, has signed a definitive agreement to acquire Gabor Shoes together with all its operating subsidiaries. No financial details were released. “Gabor is a highly respected brand with deep roots in quality and comfort excellence,” said Param Singh, the owner and CEO of Arklyz. ...
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News briefs
Frasers buys a majority stake in The Webster
Frasers has acquired a majority stake in The Webster, a Miami-based luxury retailer. The move marks another step in the British group’s strategy to expand its presence in the luxury and premium retail space, complementing its Flannels division. The financial terms of the transaction were not disclosed. Laure Hériard ...
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News briefs
Worldly acquires GoBlu to unify environmental and chemical data management
Worldly, a sustainability intelligence platform, has acquired GoBlu, the company behind The BHive, a widely used digital solution for chemical inventory management, traceability, and compliance in apparel and textile supply chains. The acquisition marks a major step toward building the first unified system that connects verified environmental performance data ...
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ArticleVida Shoes buys Munro
New York-based Vida Shoes International has acquired Munro, an Arkansas-based footwear brand specializing in comfort and fit-driven styles for women. The purchase aims to strengthenVida’s position in the comfort category. “Munro is a brand rooted in quality, integrity and a loyal customer base that spans generations. We’re honored to welcome ...
