All M&A articles – Page 3
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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 ...
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ArticleBirkenstock hikes its full-year sales guidance
Birkenstock Holding, the UK-based parent company of the German sandal maker, has increased its full-year sales guidance and is acquiring a manufacturing site in Germany. The company expects fourth-quarter revenues to total at least €520 million, representing year-over-year growth of at least 14 percent on a reported basis and 18 ...
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News briefs
New Zealander shoemaker up for sale
McKinlay’s Footwear, a New Zealand-based shoemaker established in 1879, is up for sale, according to an advertisement in ABC Business Sales. “A rare opportunity to acquire New Zealand’s last general-purpose footwear factory. Now in its 5th generation of family ownership, McKinlays has been handcrafting durable, resoleable leather shoes for over ...
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News briefs
Footway buys a logistics center and launches a new service
The Swedish e-commerce footwear specialist Footway has raised SEK 100 million (€9.1m) to acquire a logistics facility in Eskilstuna. The 48,000 square meter facility is located 100 kilometers west of Stockholm. The company had previously leased the warehouse, which is said to be a central part of the logistics hub ...
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News briefs
VF sells Dickies for $600m
VF Corporation has entered into a definitive agreement to sell Dickies for $600 million to Bluestar Alliance, a global brand management firm. Dickies is an American heritage brand that sits at the intersection of workwear and streetwear, with distribution in 55 countries. The transaction is expected to close by the ...
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ArticleMysize buys ShoeSize.Me to offer footwear sizing recommendations
MySize, an Israeli AI-driven measurement and fashion technology solutions provider, has bought ShoeSize.Me, a European SaaS company specializing in AI-powered footwear sizing and fit solutions, in a transaction structured primarily as a share deal. MySize issued 241,093 shares of common stock to the sellers of ShoeSize.Me plus a cash payment ...
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News briefs
3G completes the acquisition of Skechers
On Sept 12, 3G Capital completed the acquisition of Skeckers, taking the US footwear company private. On the same day, Skechers’ shares stopped trading on the New York Stock Exchange. The acquisition was announced on May 5, 2025. Skechers will continue to be led by its executive management team, including ...
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News briefs
Klarna rises in stock market debut
Swedish fintech Klarna made its stock market debut on the New York Stock Exchange on Sept. 10, raising $1.37 billion (€1.26bn) in its initial public offering (IPO). Shares were priced at $40 in the IPO, advancing 14.6 percent to close at $45.82 after the first day. The deal gives ...
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ArticleGiorgio Armani leaves instructions for the sale of his group
The Italian fashion house Giorgio Armani SpA should sell a 15 percent stake to the French luxury goods group LVMH, the Franco-Italian eyewear group EssilorLuxottica, the French beauty and cosmetics group L’Oréal or another luxury group in the next 12 to 18 months, the designer Giorgio Armani has stipulated in ...
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News briefs
Dick’s Sporting Goods completes the acquisition of Foot Locker
Dick’s Sporting Goods announced that it has completed the $2.4 billion acquisition of Foot Locker to become a global leader in the sports retail industry. As a combined company, Dick’s will now operate more than 3,200 stores plus e-commerce and digital businesses across 20 countries in North America, Europe, Asia, ...
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News briefs
Klarna’s IPO may raise up to $1.46bn
Klarna has set the price range for its initial public offering (IPO) price at $35 to $37 dollars per ordinary share, resulting in proceeds of up to $1.46 billion. The Swedish payment company has been approved to list its shares on the New York Stock Exchange under the symbol KLAR. ...
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News briefs
Kyaia takes over AsPortuguesas
Kyaia, a Portuguese footwear company located in Guimarães, is taking full control of its peer Ecochic Portuguesas, owner of the AsPortuguesas footwear brand. Kyaia is buying the stakes of Amorim Cork Ventures and Pedro Abrantes. No financial details were available. Ecochic Portuguesas was created in 2015 by Abrantes with the ...
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News briefs
3G obtains regulatory clearance to buy Skechers
Skechers U.S.A., Inc. and 3G Capital published a statement that all necessary regulatory approvals have been received to proceed with 3G Capital’s acquisition of the California-based footwear and apparel brand. The transaction, disclosed in May, is expected to close on Sept. 12, 2025, subject to customary conditions. As part of ...
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News briefs
DuPont sells Kevlar, Nomex businesses to Arclin in $1.8bn deal
DuPont has reached a definitive agreement to sell its Aramids business, which comprises the brands Kevlar and Nomex, to Arclin in a transaction valuing the business approximately $1.8 billion. The transaction is expected to close in the first quarter of 2026, it added. At close, DuPont will receive pre-tax cash ...
