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Date: 10 September 2018
Buyer: Ted Baker
Target: No Ordinary Shoes Limited and No Ordinary Shoes USA LLC Vendor Pentland Group Plc
Business: Footwear retailer
Value: Up to £21million (£13million on closing plus a net asset adjustment expected to be between £4-8million)
Details: Ted Baker brings its UK and US footwear operations in house with the purchase of No Ordinary Shoes Limited and no Ordinary Shoes USA LLC in a deal financed by Ted Baker’s existing bank facilities.
Date: 03 September 2018
Buyer: The Hut Group
Target: Acheson & Acheson
Business: Manufacturer for prestige beauty brands
Value: Between £50million – £100million
Details: Manchester based beauty tech firm, The Hut Group, has acquired beauty products manufacturer Acheson & Acheson indicating it is planning to spend a further £50million on expanding the target’s business formula in Europe and the US.
Date: Announced 28 August 2018
Buyer: Sapinda Holding B.V.
Target: Naked Brand Group Limited
Business: Lingerie and swimwear
Value: $25million
Details: Naked Brand Group Limited have announced the term sheet for a $25million strategic investment from leading European investment firm Sapinda Holding B.V., which is the owner of Italian lingerie firm La Perla. The term sheet contemplates a private placement of up to 5,000,000 newly issued ordinary shares for a price per share of US$5.00.
Date: 10 August 2018
Buyer: Sports Direct International plc
Target: House of Fraser
Business: Fashion Retailer
Value: £90million
Details: Sports Direct International plc has acquired the business and assets of House of Fraser from the administrators of House of Fraser Limited, House of Fraser (Stores) Limited and James Beattie Limited (the main operating companies of the House of Fraser Group). The assets acquired included all UK stores, the brand and the stock in the business.
Date: 2 August 2018
Buyer: Charlesbank Capital Partners
Target: The Rockport Group
Business: Fashion retailer
Value: Undisclosed
Details: Charlesbank Capital Partners have acquired substantially all of the assets of The Rockport Group, including the North American wholesale and e-commerce operations, all of Rockport’s international operations and retail stores, and the Aravon and Dunham brands.
Date: 18 June 2018
Buyer: JD Sports Fashion Plc
Target: The Finish Line, Inc.
Business: Sportswear retailer
Value: US$558 million
Details: British retailer JD Sports Fashion Plc has acquired the entire issued share capital of US athletic footwear, apparel and accessories retailer, The Finish Line Inc., at a price of $13.50 per share.
Date: Announced 10 July 2018
Buyer: /Investor: Calares
Target: Blowfish Malibu
Business: Women’s footwear
Value: Undisclosed
Details: Calares, a portfolio of global footwear brands, has acquired a controlling interest in women’s footwear brand, Blowfish Malibu, which at the time of the acquisition had a trailing 12-month revenue of approximately $27 million.
Date: 3 July 2018
Buyer: Authentic Brands Group LLC. Vendor: Nine West Holdings, Inc.
Target: Nine West and Bandolina brands
Business: Footwear and handbags
Value: Reported over $340million
Details: American brand development and licensing company, Authentic Brands Group LLC has acquired the Nine West and Bandolino brands, including all intellectual property, licensing partnerships and marketing activities for the brands. Amongst ABG’s existing portfolio of over 33 brands Juicy Couture, Thalia, Judith Leiber and Hickey Freeman.
Date: Announced 2 July 2018
Buyer: Pronovias Group
Target: Nicole Fashion Group S.p.A
Business: Italian bridal wear brand
Value: Undisclosed
Details: Through Pronovias, private equity firm BC Partners has reached agreement to acquire European bridal fashion firm Nicole Fashion Gro, strengthening its position in the European bridal-wear sector.
Date: Announced 2 July 2018
Buyer: Gordon Brothers
Target: Bench
Business: Streetwear fashion retailer
Value: Undisclosed
Details: US investment firm, Gordon Brothers, has acquired the Bench brand and all related intellectual property assets out of administration. Gordon Brothers have indicated that in the short term it will focus on “re-establish the brand’s European e-commerce presence”.