Tag : mergers and acquisitions
The competition and markets authority (CMA) is planning to review JD Sports Fashion’s acquisition of smaller rival Footasylum.
Sol Sana and From St Xavier sign buyout dealSubscription
Footwear brand Sol Sana and handbag company From St Xavier have signed a management-led buyout with new footwear management company Kinzu Brands.
In a turbulent year for retail, the buying and selling of major players from the high street to the high end has pervaded. Here is Drapers’ run-down of some of the companies entering 2019 under fresh ownership.
Farfetch buys sneaker marketplace Stadium GoodsSubscription
Luxury etailer Farfetch has bought sneaker and streetwear marketplace Stadium Goods for $250m (£198m).
US golf brand to buy Jack WolfskinSubscription
Callaway Golf Company is buying Jack Wolfskin for €418m (£372m).
Hammerson sells stake in Highcross Subscription
Hammerson has completed the sale of its 50% stake in Highcross shopping centre in Leicester to an Asian investor for £236m.
Global Brands completes $1.2bn saleSubscription
Global Brands Group, owner of Juicy Couture, Kenneth Cole and Ellen Tracy, has completed the $1.2bn (£940m) sale of “select North American assets” to Hudson Jeans owner Differential Brands Group.
Sports Direct buys Evans CyclesSubscription
Sports Direct has bought Evans Cycles through a pre-pack administration for an undisclosed amount.
The Competition and Markets Authority (CMA) has announced the proposed merger of Sainsbury’s and Asda will now undergo an in-depth investigation, which will consider competition for children’s clothing.
French Connection buyer will need 'deep pockets'Subscription
French Connection is likely to be bought by another fashion retailer if a deal goes ahead, industry sources have indicated.