Latest fashion industry deals

Date: 2 June 2021 (due to complete in third quarter of 2021)
Buyer: Etsy
Target: Depop
Business: Peer-to-peer fashion marketplace app
Value: $1.6bn (£1.14bn)
Details: Etsy has agreed to acquire Depop for $1.63bn (£1.15bn) in the third quarter of 2021. Depop will continue as a standalone business run by the existing team from London. After the deal is completed, Etsy will be home to three brands – Etsy, Depop, and also Reverb, an online marketplace for new and used musical instruments.




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