Latest fashion industry deals

Date: August 2021
Buyer: Wolverine World Wide
Target: Sweaty Betty
Business: Activewear retailer
Value: Approx. £295m
Details: Wolverine Worldwide, a New York listed group with a large footwear portfolio has acquired Sweaty Betty, a global fitness and lifestyle brand. L Catterton was Sweaty Betty’s largest shareholder and another large selling shareholder was Wittington Investments alongside the husband and wife team Tamara and Simon Hill-Norton who founded Sweaty Betty in Notting Hill, London in 1998.

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