Latest fashion industry deals

Date: August 2023
Buyer: AK Retail (owner of Yours Clothing, M&Co.)
Target: Evans
Business: Fashion Retail
Value: £8m
Details: Following their rescue acquisition of distressed clothing retailer M&Co at the beginning of the year, AK Retail has acquired the brand and IP of Evans (female fashion retailer with a focus on plus-size clothing) from firm City Chic Collective, for £8m. Evans was sold to City Chic Collective in 2020 from Arcadia Group for £23m. The acquisition will result in a new Evans warehouse opening in Peterborough, where AK Retail is based.

Date: December 2021
Buyer: City Chic Collective
Target: Evans (part of the Arcadia Group, in administration)
Business: Fashion retailer (plus-size womenswear)
Value: £23m
Details: Australian plus-size retail group City Chic Collective acquired the Evans brand and online and wholesale business for approximately £23m. The Evans store network was not included as part of the deal and City Chic Collective will continue to operate Evans as an online-only brand.




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