Acquisition news and archive

Puig acquires majority stake in Charlotte Tilbury

British makeup brand Charlotte Tilbury has sold a majority stake of its company to Barcelona-based Puig. The Spanish fashion and fragrance group announced in a statement on Thursday that it would be acquiring a majority stake in the brand, while Charlotte Tilbury’s founder will retain a significant minority stake. Additionally, investing...

Business

Italian fast fashion group Imperial acquires majority stake in Swiss retailer Anouk

Imperial Spa has acquired a majority stake in the Basel-based women’s fashion retailer Anouk SA. The transaction was carried out by the formation of the new company Imperial Retail Switzerland AG. Additionally, the Italian fast-fashion group will expand its online presence by launching an e-store in Switzerland under the brand name Anouk. Franç...

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Roberto Cavalli acquired by Vision Investment

Vision Investment Co. LLC, the Dubai-based investment vehicle of millionaire Hussain Sajwani, owner of real estate developer Damac Properties Group, will acquire Italian luxury fashion brand Roberto Cavalli. This ends weeks of speculation that saw several potential buyers, among them German fashion designer Philipp Plein together with private...

Business

The Kooples buyout approved for Maus Frères

Swiss group Maus Frères, which owns brands including Lacoste, Aigle and Gant, has been approved by the Autorité de la concurrence, to buyout French ready-to-wear label The Kooples, which is currently owned by its founding owners. According to a press release from the Autorité de la concurrence, the decision was made on May 20 without any...

Business

Alibaba buys stake in Wanda Film for 750 million dollars

Troubled Chinese conglomerate Wanda announced Monday that e-commerce giant Alibaba has agreed to buy a stake in its cinema division for around 750 million US-dollars, the latest sell-off by the heavily-indebted group. Wanda Film said in a regulatory filing that Alibaba will buy a 7.66 percent stake for 4.68 billion yuan, and a holding company...

Business

C&A fashion chain eyes sale to Chinese investors: report

The billionaire family that owns Dutch clothing retailer C&A is on the brink of selling the chain to Chinese investors, a German media report said Sunday. The deal is close to being finalised, Der Spiegel weekly said, citing "insider sources". C&A, founded in the Netherlands in 1841 by the German-Dutch Brenninkmeijer family, has over 1,500...