US e-commerce retailer Revolve Group is believed to have snapped up the intellectual property (IP) assets of Australian fashion brand Dion Lee. This is according to the Australian Financial Review, which said that Revolve had acquired the Sydney-based brand’s assets from its administrator, DVT Group, for under one million dollars. Founded in...
23 May 2025
Italian luxury footwear brand Moreschi, which was declared bankrupt in 2024, is getting a new chance, according to trade journal WWD. The brand has been acquired by Italian firm Glam Srl, known for the footwear label Superglamourous, together with London-based investment fund Imerman Family Office. The acquisition took place via an auction...
22 May 2025
Authentic Brands Group has entered into a definitive agreement to acquire Dockers from Levi Strauss & Co. for a transaction value of 311 million dollars. The deal reflects LS&Co.’s strategic efforts to zone in on its direct-to-consumer business. The transaction, which is subject to customary adjustments and closing conditions, has the potential...
20 May 2025
US sportswear chain Dick’s Sporting Goods has confirmed its intention to acquire footwear retailer Foot Locker in a 2.4 billion dollar deal. The duo have entered a definitive merger agreement holding an enterprise value of around 2.5 billion dollars. By combining the companies, Dick’s is setting out to create a global platform within the sports...
15 May 2025
Communications group The Independents is continuing its acquisition spree. This time, the company has snapped up Paris-based Terminal 9 Studios, a cinematic documentary production company specialised in storytelling for luxury brands. The decision to take over the creative studio “marks an important strategic milestone” for The Independents, the...
US retail chain Dick’s Sporting Goods is believed to be close to acquiring Foot Locker Inc. for around 2.3 billion dollars. This is according to a report by the Wall Street Journal (WSJ) that said a deal could be finalised as soon as Thursday, May 15. WSJ stated that Dick’s is looking to buy the footwear retailer for 24 dollars per share,...
US swimwear brand Andie has acquired Richer Poorer, a company specialising in comfortable clothing such as nautical-inspired t-shirts and jumpers, according to Business of Fashion (BoF). Although the financial terms were not disclosed, the transaction was carried out with Andie's own funds and marks its first acquisition since its founding eight...
13 May 2025
Filippa K has a new owner. OJ Holding Sweden AB, the parent company of Oscar Jacobson, acquired Filippa K from Novax, the company announced this in a press release. Here, it was emphasised that Filippa K will continue to operate as an independent label within the group. The financial terms were not disclosed. Filippa K was founded in 1993 and...
29 Apr 2025
The Independents is continuing its acquisition spree. The international communications group has announced that it has snapped up design studio 2x4, in what it says adds “design and brand strategy capabilities to its growing roster of specialist agencies”. By bringing the New York and Beijing-based studio under its wing, The Independents said...
17 Apr 2025
Resale technology firm Trove has announced the acquisition of the German-based resale marketplace Reverse.supply as it continues on a mission to roll out its own platform internationally. Through the deal, which will bring Reverse.supply’s European expertise under Trove’s own wing, Trove said it “now offers the most comprehensive and scalable...
14 Apr 2025
German e-tailer Mytheresa has said that it has received clearance to acquire Yoox Net-a-Porter (YNAP) from the European Commission. With this, the company has now secured all necessary approvals from regulatory authorities to move forward with the sale and plans to close the transaction by April 23, 2025. Mytheresa had first announced its...
11 Apr 2025
German outdoor outfitter Jack Wolfskin is getting a new owner. The US-based group Topgolf Callaway Brands Corp. announced on Thursday that it intends to sell the brand to the Chinese sporting goods group Anta Sports Products Limited. A corresponding agreement has already been signed for a basic purchase price of 290 million dollars, which could...
10 Apr 2025