Latest Fashion Industry Deals

Date July 2017          
Buyer/Investor Michael Kors
Target  Jimmy Choo
Business   Luxury footwear and accessories
Value   US$1.2bn
Details   Exit for JAB Luxury the investment arm of Germany’s billionaire Reimann family.

Date July 2017
Buyer/Investor IPO
Target  Quiz
Business   Fashion label
Value   £200m
Details   Listing an AIM raises £102m, of which £10m goes to the company.

Date July 2017
Buyer/Investor BC Partners
Target  Pronovias
Business   Bridalwear
Value   €550m
Details   Founder and owner Alberto Palatchi will retain a minority stake.

Date June 2017   
Buyer/Investor Great Hill Partners  
Target  The Real Real             
Business   Online luxury consignment store
Value    US$50m
Details   Latest investment brings funds raised to $173m.

Date June 2017
Buyer/Investor Wal-Mart
Target  Bonobos                   
Business   Menswear brand
Value   US$310m
Details   US giant acquires digital first brand.

Date June 2017         
Buyer/Investor Burda Principal Investments (lead investor)           
Target  M. Gemi
Business   Footwear
Value   US$16m
Details   Existing investors participate in series C round bringing funds raised to $47m.

Date June 2017
Buyer/Investor Alibaba Group Holding Ltd  
Target  Lazarda Group SA
Business   Online mall
Value   US$1bn
Details   Chinese e-commerce leader invests another $1bn to buy out fellow shareholders, with only management and Temasek Holdings remaining as shareholders.

Date June 2017
Buyer/Investor Lucy Litwack
Target  Coco de Mer
Business   Lingerie brand
Value   £5m
Details   Managing director buys brand with backing from Swiss investor.

Date June 2017
Buyer/Investor JD.com
Target  Farfetch
Business   Online luxury marketplace
Value   US$397m
Details   China’s largest retailer invests to bring platform to Chinese market and becomes one of the largest shareholders.

Date June 2017
Buyer/Investor Pembroke VCT
Target  Alexa Chung 
Business   Women’s fashion brand
Value   Undisclosed
Details   Investment in eponymous label.

Date June 2017
Buyer/Investor Crowd Funding
Target  The Chapar
Business   Online menswear concierge  
Value   £1.3m
Details   Fundraising on Crowdcube exceeds £1m target.

Date June 2017
Buyer/Investor Rockpool Investments        
Target  Cotswold Collections
Business   Mature women’s fashion brand
Value   Undisclosed
Details   New investment funds management buyout.

Date June 2017
Buyer/Investor Middle East Venture Partners (lead investor)
Target  ModaCruz
Business   Pre-owned women’s fashion etailer
Value   US$2m
Details   Series B funding included Yemeksepeti, CEO Nevzat Aydin and Hummingbird as investors.

Date May 2017
Buyer/Investor Livingbridge
Target  In The Style  
Business   Online fashion retailer
Value   Undisclosed
Details   This latest investment builds on previous deals with FatFace and Crew Clothing.

Date May 2017          
Buyer/Investor Coach Inc    
Target  Kate Spade & Company
Business   Handbag and accessories designer
Value   US$2.4bn
Details   Acquisition for cash.

Date May 2017
Buyer/Investor Webster Capital       
Target  Matilda Jane Clothing
Business   Girls and women apparel
Value   Undisclosed
Details   Secondary buyout from CID Capital.

Date May 2017
Buyer/Investor The Foschini Group
Target  Retail Apparel Group
Business   Apparel retailer
Value   US$226m
Details   Navis Capital sells to South African listed group.

Date May 2017          
Buyer/Investor Charles S. Cohen
Target  Harrys of London
Business   Handmade designer footwear
Value   Undisclosed
Details   New York based entrepreneur buys from shareholders led by US private equity firm Palladin Consumer Retail Partners.

Date May 2017
Buyer/Investor Harold Tillman led consortium
Target  Style Group Brands
Business   Fashion retail group
Value   Undisclosed
Details   Owner of Jacques Vert, Precis, Eastex and Windsmoor brands sold in pre-pack deal.

Date  May 2017   
Buyer/Investor Total Capital
Target  Weird Fish  
Business   Casual lifestyle clothing
Value    Undisclosed
Details   A secondary buyout from Piper Private Equity.  Total Capital will hold a 70% interest with management who are reinvesting.

Date  April 2017
Buyer/Investor  L Catterton
Target  Maaji
Business  Beachwear brand
Value  Undisclosed
Details  LVMH backed private equity firm buys controlling stake in leading Colombian brand from co-founder Manuela and Amalia Sierra, to merge with Australian Seafolly brand.

Date  April 2017
Buyer/Investor  Adastria
Target  Velvet
Business  Contemporary apparel
Value  Undisclosed
Details  Japanese multi brand company acquires California based business..

Date  April 2017
Buyer/Investor  CVC
Target  Breitling
Business  Luxury watches
Value  Undisclosed
Details  Private equity firm acquires 80%, subject to regulatory approval, reported to be for US$670m. Former majority owner, Theodore Schneider will retain a 20% stake.

Date  April 2017
Buyer/Investor  Authentic Brands Group
Target  Frye
Business  Footwear brand
Value  Undisclosed
Details  Addition to ABG portfolio of a 51% stake in one of the oldest footwear brands in the US, acquired from Global Brands Group Holding.

Date  April 2017
Buyer/Investor  LVMH
Target  Dior
Business  Couture brand
Value  Transaction values the couture brand at €6.5bn
Details  Transaction consolidates ownership of the couture business in LVMH which operates the fragrance and cosmetics part of the brand.

Date  April 2017
Buyer/Investor  Sports Direct
Target  Bob’s Stores & Eastern Mountain Sports
Business  Footwear, clothing & paddleboards
Value  US$ 101m
Details  Acquisition of debt from parent Eastern Outfitters in Chapter 11 gives 50 outlets for Sports Direct.

Date  April 2017
Buyer/Investor  Fanatics
Target  Majestic and other licensed sports brands
Business  Apparel and fanware
Value  Undisclosed
Details  VF Corp continues its overhaul of its brand portfolio.

Date  April 2017
Buyer/Investor  L Catterton
Target  Mizzen + Main
Business  Menswear
Value  Undisclosed
Details  American made menswear label receives development capital

Date  April 2017
Buyer/Investor  Alex Apparel
Target  SL Fashions Group
Business  Womenswear
Value  Undisclosed
Details  Atlantic Street Group portfolio company buys New York based SL Fashions.which designs and distributes under the SL, JR Nites and Ignite brand names.

Date  March 2017
Buyer/Investor  Four Marketing
Target  Agent Provocateur
Business  Lingerie retailer
Value  £25m
Details  3i sells through a pre-pack administration deal to buyer part owned by Mike Ashley.    

Date March 2017
Buyer/Investor Endurance Partners
Target  Tuc Tuc
Business   Children’s clothing
Value    Undisclosed
Details   Barcelona based private equity house acquires a majority stake in Spanish business.

Date March 2017
Buyer/Investor Jining Ruyi Investment Company
Target  Aquascutum
Business   Clothing brand
Value    £95m
Details   British brand sold by Hong Kong listed YGM Trading to a member of the China Shandong Ruyi Technology Group.

Date March 2017
Buyer/Investor IPO Endurance Partners
Target  Canada Goose
Business   Arctic luxury brand
Value    US$ 225m new money raised
Details   IPO pricing valued company at US$1.2bn on listing.

Date March 2017
Buyer/Investor PVH Corporation
Target  True & Co
Business  Intimate apparel
Value    Undisclosed
Details   Acquisition will fit well with other PVH brands, eg Calvin Klein, which have extensive underwear lines.  Sellers include a number of private equity houses.

Date March 2017
Buyer/Investor Sentinel Capital Partners
Target  Cabi Holdings Co LLC
Business  Women’s clothing retailer
Value    Undisclosed
Details   Retailer sells through a network of 3,500 independent stylists.

Date March 2017
Buyer/Investor IPO
Target  J Jill
Business  Women’s apparel retailer
Value Listing price values the company at cUS$568m
Details No proceeds are going to the company.  Owner TowerBrook is selling shares in the IPO but will retain more than a 50% holding in the stock.

Date March 2017
Buyer/Investor Jet.com
Target  ModCloth
Business   Women’s clothing retailer
Value    Undisclosed
Details   Walmart owned Jet buys retailer known for selling offbeat apparel.

Date March 2017
Buyer/Investor Endless
Target  Jones the Bootmaker
Business   Footwear retailer
Value    Undisclosed
Details   Private equity house acquires 72 out of 97 high street stores in pre-pack administration transaction for a reported £10.5m.

Date March 2017
Buyer/Investor Four Holdings
Target  Oki-ni
Business   Luxury menswear online platform
Value    Undisclosed
Details   Acquisition comes swiftly after purchase of Agent Provocateur.

Date February 2017
Buyer/Investor Sycamore Partners
Target  The Limited
Business   Women’s apparel retailer
Value    Undisclosed
Details   Private equity firm buys the brand and IP related assets in competitive auction as part of the bankruptcy process of The Limited.

Date February 2017
Buyer/Investor The Carlyle Group
Target Golden Goose
Business Luxury sneakers
Value €400m
Details Private equity firm acquires Italian business from sellers including Ergon Capital and Italian family conglomerate Zingago Holding.

Date February 2017
Buyer/Investor Excalibur Group
Target Secretsales.com
Business Flash sale retailer
Value Undisclosed
Details Private equity owned Excalibur adds to current websites Wowcher and LivingSocialUK

Date February 2017
Buyer/Investor Crescent Capital Partners
Target Tigerlily
Business Swimwear brand
Value AUD 60m
Details Ongoing non-core brand disposal by Billabong

Date February 2017
Buyer/Investor Carter’s Inc
Target Skip Hop Holdings
Business Baby and young children brand
Value $140m
Details Private equity firm Fireman Capital Partners sells to owner of Carter’s and OshKosh B’gosh brands

Date February 2017
Buyer/Investor The Foschini Group
Target Damsel in a Dress
Business Premium womenswear brand
Value Undisclosed
Details Addition to portfolio of UK brands including Whistles, Studio 8 and Phase Eight

Date February 2017
Buyer/Investor Boohoo
Target Nasty Gal
Business Young womens fashion brand
Value $20m
Details AIM – listed Boohoo wins US bankruptcy auction to acquire brand 

Date January 2017
Buyer/Investor Luxottica
Target Oticas Carol
Business Eyewear retail chain  
Value €110m
Details Acquisition of Brazilian franchise operated chain with 950 stores

Date January 2017
Buyer/Investor Jet.com
Target ShoeBuy
Business Online footwear retailer
Value $70m
Details Walmart owned Jet buys form NASDAQ listed InterActive Corp  

Date January 2017
Buyer/Investor  Callaway Golf
Target Ogio International
Business Golf apparel
Value $75.5m

Date January 2017
Buyer/Investor Nord Holdings
Target Olsen   
Business Womenswear brand   
Value Undisclosed
Details German private equity firm acquires one of Germany’s best known mid-range brands  

Date January 2017
Buyer/Investor Gildan Activewear Inc
Target American Apparel
Business Fashion brand
Value $88m
Details Gildan wins bankruptcy auction for brand and certain assets of American Apparel  

Date January 2017
Buyer/Investor McCubbin Hoisery
Target Robeez
Business Baby and toddler footwear brand
Value Undisclosed
Details Acquisition form Stride Rite, a subsidiary of Wolverine World Wide inc

Date January 2017
Buyer/Investor Nine West Holdings Inc
Target Kasper Group
Business Womens sportswear
Value Undisclosed

Date January 2017
Buyer/Investor Critical Point Capital
Target Jack Rabbit
Business Running gear stores
Value Undisclosed

Date January 2017
Buyer/Investor Steve Madden
Target Schwarz & Benjamin
Business Footwear design
Value Undisclosed

Date January 2017
Buyer/Investor Beringea (lead investor)
Target My 1st Years
Business Personalised babywear
Value £5m
Details Other investors in the UK retailer include Hargreave Hale

Date January 2017
Buyer/Investor Forerunner Ventures (lead investor)
Target Stadium Goods
Business Luxury sneakers
Value $4.6m
Details Other investors in the website and 2 New York stores business include The Cherwin Group

Date January 2017
Buyer/Investor Tonker Suleyman
Target Finery
Business British womenswear label
Value Undisclosed
Details Dragon’s Den star’s other investments include Hawes & Curtis and Guest

Date January 2017
Buyer/Investor Vitruvian Partners (lead investor)
Target Vestiaire Collective
Business pre-owned luxury fashion marketplace  
Value €58m
Details Other investors include Eurazeo and Idinvest Partners bringing total funds raised  to €116m

Date January 2017
Buyer/Investor NEJ Inc
Target Bills Khakis
Business Premium men’s sportswear
Value Undisclosed
Details NEJ buys out Source Capital which partnered on the acquisition with NEJ in 2015

Date January 2017
Buyer/Investor Palamon Capital Partners
Target Happy Socks
Business Socks
Value Undisclosed
Details Acquisition of a majority stake from Scope Growth III values Swedish brand at £67m. 

Date December 2016
Buyer/Investor Fidelity Management & Research (lead investor)
Target Rent the Runway
Business Designer fashion hire
Value $60m
Details Other investors include existing investors Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners and Advance Publications. Total invested in the company has reached $190m.

Date December 2016
Buyer/Investor Sumitomo Rubber Industries
Target Dunlop
Business Sportswear brand
Value $137m
Details Japanese buyer (originally called Dunlop Rubber Company)  already owns rights to the Dunlop brand

Date December 2016     
Buyer/Investor Crowdfunded
Target Bluebella
Business UK lingerie brand
Value £1m
Details More than 7,000 investors help UK business to beat funding target.   

Date December 2016     
Buyer/Investor  Boohoo
Target Pretty Little Thing
Business Young fashion brand
Value £3.3m
Details Acquisition of 60% stake.

Date December 2016     
Buyer/Investor Gangtai Group
Target Buccellati
Business Jewellery
Value c$200m
Details Chinese conglomerate acquires 85% stake in Italian business from Clessidra Capital Partners and family ownership

Date December 2016     
Buyer/Investor  Warburg Pincus
Target Gabriel Brothers
Business Fashion and home retailer
Value Undisclosed
Details Secondary buyout from Alvarez and Marsal Capital of US chain trading under Gabe’s and Rugged Warehouse brands    

Date December 2016     
Buyer/Investor Brentwood Associates
Target SAXX Underwear 
Business Mens underwear
Value c$50m
Details Acquisition of a minority stake in Canadian based business

Date December 2016     
Buyer/Investor Kalaari Capital (lead investor)
Target StalkBuyLove
Business Online retailer
Value INR 410m
Details Series A funding for women’s clothing and accessories etailer.  Other investors include Asian E-Commerce Alliance, Asian Venture Group, Kabs Ventures and Singularity  Ventures

Date December 2016     
Buyer/Investor 21st Century Fox (lead investor)
Target Osterhout Design Group
Business Wearable technology (glasses)
Value $58m
Details Series A funding which values the company at $258m.  Other investors include Shenzhen O-film Tech; Vanfund Urban Investment & Development

Date December 2016     
Buyer/Investor  Calares Inc
Target Allen Edmonds Shoe Corp
Business Footwear brand
Value $255m
Details Exit for private equity firm Brentwood Associates 

Date November 2016
Buyer/Investor Cherokee Inc
Target Hi-Tec Sports
Business Footwear brand
Value $96m  

Date November 2016
Buyer/Investor MHS Capital (lead investor)
Target Garmentory
Business curated online market place
Value $2m
Details Investment round with participation form existing investor Founder’s Co-op.

Date November 2016
Buyer/Investor  Longwater Opportunities
Target Fox River Mills
Business Knitted socks & handwear
Value Undisclosed
Details Company’s family owners sell out.

Date November 2016
Buyer/Investor  Marquee Brands
Target Body Glove
Business Outdoor sports brand
Value Undisclosed
Details Acquisition of a majority interest from Neuberger Berman.

Date November 2016
Buyer/Investor JD Sports Fashion
Target Go Outdoors
Business Outdoor clothing retailer
Value £112m
Details Private equity investor YFM Equity makes 40x money on the sale

Date October 2016
Buyer/Investor Rockpool
Target Knomo
Business British bag brand
Value £3m
Details Expansion capital for UK business

Date October 2016     
Buyer/Investor Permira
Target Schustermann & Borenstein  
Business   Fashion retailer
Value    Undisclosed
Details   Acquisition of a majority stake

Date  October 2016
Buyer/Investor Baring Private Equity Asia
Target  Cath Kidston
Business  Lifestyle brand retailer
Value  Undisclosed
Details  Existing Chinese backers acquire stake of TA Associates to become controlling majority shareholder

Date October 2016
Buyer/Investor Ermenegildo Zegna Group
Target  Bonotto SpA
Business  Luxury textile manufacturer
Value  Undisclosed
Details  Italian luxury fashion house acquires a 60% stake in business with sales of more than €30million.  Bonotto family retains 40%

Date October 2016
Buyer/Investor  LVMH
Target  Rimowa
Business  premium luggage manufacturer
Value  €640million
Details  Luxury conglomerate acquires 80% stake in German manufacturer with Dieter Morszeck retaining 20&% and remaining co-CEO  

Date October 2016
Buyer/Investor Led by The Hong Kong Entrepreneurs Fund with existing investors, Golden Gate Ventures and MindWorks Ventures
Target  Grana
Business  Ecommerce brand
Value  $10million
Details  Series A funding for Hong Kong based fashion start up

Date September 2016
Buyer/Investor  Black Toro Capital
Target  Marypaz
Business  Women’s shoe retailer
Value  €30million
Details  Mid-market investor acquires 60% stake in Spanish-based retailer 

Date September 2016
Buyer/Investor IPO
Target  Aritzia
Business  Women’s fashion retailer
Value  C$400million
Details  Toronto Stock Exchange listing raises capital at the top of the expected range   

Date September 2016
Buyer/Investor Union Lifestyle Limited
Target  Jack Wills
Business  Fashion retailer
Value  Undisclosed
Details  Vehicle owned by CEO Peter Williams and BlueGem Capital Partners acquires 100% of Jack Wills giving an exit for investment firm Inflexion 

Date September 2016
Buyer/Investor Rahul Kakar 
Target  East
Business  Womenswear retailer
Value  Undisclosed
Details  Owner Fabinda sells 80% stake to New York based investor

Date September 2016
Buyer/Investor AMS Industries
Target  Tara Jamon
Business  Fashion label
Value  Undisclosed
Details  French label generating sales over £100million sold by founders Tara and David Jamon

Date September 2016
Buyer/Investor Led by Hubert Burda Media, with additional support from existing investors including Index Ventures, Industry Ventures, and Eight Roads Ventures. 
Target  Notonthehighstreet.com
Business  Online marketplace
Value  £21million
Details  German publisher leads Series E funding which brings investment to date to around the £60million mark 

Date September 2016
Buyer/Investor CCMP Capital Advisors
Target  Badger Sportswear
Business  Sports and athletic wear
Value  Undisclosed
Details Investment firm takes a majority stake with founders Jerry and Bill Carr continuing as shareholders 

Date August 2016
Buyer/Investor TriStyle
Target  Long Tall Sally
Business  Fashion retailer for tall women
Value  Undisclosed
Details  Amery Capital exists to German direct fashion retailer backed by Equistone Partners Europe 

Date  August 2016
Buyer/Investor  Wal-mart 
Target  Jet.com
Business  Ecommerce site
Value  $3.3 billion
Details  Wal-mart builds online presence after recently selling its stake in Chinese ecommerce company Yihaodian to JD.com  

Date August 2016
Buyer/Investor  Trendy Capital 
Target  Eveden Huit
Business  Lingerie retailer
Value  Undisclosed
Details  Japanese firm Wacoal, the latest owner of French retailer beset with financial difficulties, sells to owner of nightwear brand, Canat

Date August 2016
Buyer/Investor  Montefiore Investment 
Target  Isabel Marant brand
Business  Womenswear brand
Value  Undisclosed
Details  Isabel Marant sells 51% stake to investment firm making first fashion acquisition  

Date August 2016
Buyer/Investor  Mayhoola Investments
Target  Forall Confezioni  
Business  Menswear label Pal Zileri
Value  Undisclosed
Details  Qatari investment fund acquires remaining 35% not already owned by it

Date August 2016
Buyer/Investor  Signa Retail
Target  Dress-for-less  
Business  Online retailer
Value  Undisclosed
Details  Owner of department store Karstadt and Kadewe Group acquires online retailer with a presence in 13 countries, including Germany, the Netherlands and the UK

Date August 2016
Buyer/Investor  L Catterton
Target  Hanna Andersson  
Business  Childrenswear
Value   Undisclosed
Details  Secondary buyout from investment firm Sun Capital Partners

Date August 2016
Buyer/Investor  Foresight Group (lead investor)
Target  The Idle Man
Business  Online menswear retailer
Value  £1.4 million
Details  Latest funding round includes Peter Mullen, founder of Thomas Pink and other angel investors brings total funding to £3.5 million

Date August 2016
Buyer/Investor  Investor round
Target  Outfittery 
Business  Curated shopping service
Value  $22 million
Details  New investors Octopus Ventures and U Start Club join round supported by existing investors 

Date July 2016
Buyer/Investor 21 Investimenti
Target  Phillipe Model
Business  High-end trainer brand 
Value  Undisclosed
Details  Italian investment firm acquires 70% stake in the company founded by Paolo Gambato in 2008

Date July 2016
Buyer/Investor  Activa Capital
Target   Atlas for Men 
Business  Men’s and women’s clothing
Value  Undisclosed
Details  Investment firm acquires French business

Date July 2016
Buyer/Investor Thom Europe
Target  Stroili
Business  Jewellery brand
Value  Undisclosed
Details  Italian jewellery brand sold by a consortium of investors led by Investindustrial and L Catterton in a deal valuing Stroili at €300m.  Thom Europe is the number one jewellery retailer in France

Date July 2016
Buyer/Investor G-III Apparel Group
Target  Donna Karran International
Business  Womenswear fashion brand
Value  $650 million
Details  Sale by LVMH of loss-making fashion brand