Acquisitions
Kering buys a 30% stake in Valentino and announces first half results
The owner of Gucci will take a 30% stake in Valentino for 1.7 billion euros, with an option to buy 100% of the Italian brand's capital until 2028. Meanwhile, Kering's first half results disappoint
Authentic Brands Group acquires Rockport
The New York-based brand management company announced that it has received bankruptcy court approval to acquire the footwear brand Rockport, which had filed for Chapter 11 in June
WoolOvers Group rescues Hotter Shoes
The British footwear brand, until now run by the struggling Unbound Group, has been rescued by the natural knitwear brand WoolOvers, in a pre-pack deal worth 6.7 million British pounds (7.7 million euros)
JD Sports to take full control of the Iberian Business
The UK-based retailer intends to buy the remaining 49.98% shares in the Iberian Sports Retail Group (ISRG) for 500.1 million euros, thereby acquiring 100% ownership
Clergerie has found a new owner
Clergerie has been acquired by the California-based footwear company Titan Industries. The French-based luxury shoemaker had been placed into receivership on the 29th of March
Frasers Group to cut up to 200 jobs
The British retailer has confirmed it will cut around 200 jobs as it continues the process of increasing efficiencies across the company following a series of recent acquisitions
LVMH Métiers d’Art acquires majority stake in Italian tannery Nuti Ivo
LVMH's division aimed at preserving the French-based group's expertise in luxury raw materials and craftsmanship is now a majority partner of the Italian tannery Nuti Ivo SpA Group
Authentic Brands Group acquires Hunter Boots IP
Speculation is over. The New York-based brand management company has acquired the intellectual property of the British heritage brand Hunter Boots for an undisclosed sum
Permira to acquire majority stake in Gruppo Florence
Funds advised by the global private equity firm Permira have agreed to acquire a majority stake in luxury goods manufacturer Gruppo Florence
Authentic Brands Group eyeing Hunter Boots
New York-based ABG, the owner of Reebok and Ted Baker, is one of the possible bidders for Hunter Boots, the Wellington boots specialists
JD Sports set to purchase Groupe Courir
The UK-based retailer announced that it plans to acquire the French Groupe Courir for an enterprise value of 520 million euros as part of the previously outlined growth strategy
Skechers to acquire its Scandinavian distributor
The US-based footwear company announced that it has signed an agreement to purchase its existing Scandinavian distributor, Sports Connection Holding ApS
Authentic Brands acquires Vince brand intellectual property
The US-based brand management company has entered into an agreement with Vince Holding Corp to acquire Vince brand intellectual property, expanding this way its luxury portfolio
Authentic Brands Group to acquire Boardriders
The New York-based conglomerate has announced that it has signed a definitive agreement to purchase Boardriders with the aim of diversifying and expanding its portfolio
Next buys Cath Kidston
The UK-based retailer has acquired the fashion brand Cath Kidston from the administration for 8.5 million British pounds. The deal includes the brand's name and intellectual property, but not its four shops-
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