All M&A articles – Page 2
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ArticleThe US kids footwear brand jbrds is up for sale
Mike Gugat, the co-founder and CEO of jbrds, a US brand of children’s shoes, announced that the company is up for sale. “After building, launching, and validating jbrds, it’s clear that what we’ve created is more than just a standalone brand; it’s a platform for helping kids start off on ...
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ArticleMarubeni buys Gola as it expands its lifestyle business
Marubeni, a Japanese trading and investment group, has acquired Jacobson Group, a British company that owns and operates six footwear brands, including its flagship label Gola, a sneaker brand founded in 1905. No financial details were released. Jacobson distributes its products in more than 30 countries primarily across the UK, ...
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ArticleKybun Joya revives Switzerland’s oldest shoe brand Elgg
Switzerland’s oldest shoe brand is set for a comeback after more than two decades. The Swiss group Kybun Joya has acquired the traditional combat boot brand Elgg and plans to resume production in Switzerland, reviving a name closely associated with the Swiss Army. Elgg was best known for producing the ...
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News briefs
Bain Capital acquires South Korean activewear firm Echo Marketing
Bain Capital is acquiring the South Korean activewear company Echo Marketing, owner of the popular athleisure brand Andar, in a deal valued at approximately KRW497 billion (€327 million). The US investment firm will purchase a 43.7 percent stake in Echo Marketing from the company’s founder and another shareholder for KRW216.6 ...
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ArticleThe Platform Group takes over 43einhalb
The German e-commerce company The Platform Group (TPG), the owner of the online footwear retailer Schuhe24 and other e-commerce platforms, is buying a majority stake in 43einhalb, a B2C platform for fashion and footwear items based in Fulda. Founded in 2011, 43einhalb focuses on high-quality fashion and sneakers from brands ...
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ArticleArklyz completes the acquisition of Gabor
Arklyz announced on Dec. 22 that it had closed the acquisition of Gabor Shoes. No financial details were released. The Swiss sports and lifestyle firm acquired all the shares of Gabor Shoes GmbH and its operating subsidiaries. Founded in 1949 and headquartered in Rosenheim, Germany, Gabor is one of Europe’s ...
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ArticleHSG takes over Golden Goose
The Chinese fund HongShan Capital (HSG), formerly known as Sequoia Capital China, is acquiring a majority stake in Golden Goose. The Singapore-based investment firm Temasek and its wholly-owned subsidiary, True Light Capital, are also part of the deal as minority investors. No financial details were released, but media reports indicated ...
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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 ...
