LK Bennett to Adopt Asset-light Model Under New Owner Gordon Brothers
LONDON – LK Bennett, the Kate Middleton-approved British fashion and footwear label that filed for bankruptcy protection late last month, has found a buyer: Gordon Brothers, the…
Tag
Mergers & Acquisitions
Spanish Outdoor Furniture Firm Kettal Takes Majority Stake in Italy’s Driade
MILAN — Nemo Group, which acquired Driade in October 2024, has sold a majority stake in the Italian furniture house to Spain’s Kettal Group. Nemo Group will remain a minority shareholder,…
Anta Sports Resurfaces as Puma’s Potential White Knight
How much is Puma SE worth? Chinese firm Anta Sports reportedly has made an offer to acquire the 29 percent stake owned by Artémis. Founded in 1992, Artémis is the investment company of the…
What to Watch: M&A Surprises Can’t Be Ruled Out for the Footwear Sector in 2026
The sector could see a surprise or two on the mergers and acquisitions front in 2026. That surprise in 2025 came from the $9 billion take-private deal for Skechers Inc., when it inked its…
The Biggest Footwear M&A Deals of 2025
News’ 80th anniversary in 2025 saw a host of deal activity in the shoe space, including the biggest footwear buyout in the industry’s history. While a few financial buyers were looking…
Lazard Frères to Lead Sales Process for SMCP
PARIS – Three key shareholders of French fashion group SMCP have hired investment bank Lazard Frères to sell up to 51.2 percent of its share capital. The parent company of the Sandro,…
Inside Out Acquires The Simple Folk Brand
In keeping with its environmental advocacy, Inside Out, the global holding company that was started by Suzy Amis Cameron has acquired green-minded brand, The Simple Folk. Known for its…
Alsara Investment Group Takes a Stake in Italian Design Firm Giorgetti, Eyes Further Investments
MILAN — Rachid Mohamed Rachid’s Alsara Investment Group has made a key acquisition in the world of Italian design, and this may just be the beginning. On Thursday, Iuxury Italian furniture…
What to Watch: Will Beauty M&A Continue to Gain Momentum?
Beauty bankers are optimistic that the recent spate of deals will continue into the second half of this year and into 2026. After a standstill, a number of deals have been made in recent…
Caleres Completes Stuart Weitzman Acquisition, Reveals Brand President
Caleres Inc. has a new lead brand in its shoe portfolio. The St. Louis-based footwear firm said on Monday that it has closed the acquisition of the Stuart Weitzman brand from Tapestry Inc.…
Browzwear Acquires AI-generated Model Maker Lalaland.ai
As AI and innovative technology are edging more into the fashion industry, Browzwear, a digital product creation specialist, has acquired Lalaland.ai, a maker of AI‑generated fashion…
Coats Group to Buy OrthoLite for $770 Million
Coats Group plc wants to expand its positioning as a supplier in components. The British multinational company inked a deal to acquire premium insole leader OrthoLite Holdings LLC. The…
Bold Management’s Parent Ykone Group Acquires Majority Stake in The Digital Prototype
BOLDER TOGETHER: Leading international influencer marketing agency Ykone Group, parent company of the Bold Management talent agency, has acquired a majority stake in The Digital Prototype,…
Michael Bosstick’s Dear Media Acquires Fitness Platform Obé Fitness
Michael Bosstick’s Dear Media has acquired digital fitness platform Obé Fitness for an undisclosed amount. Obé Fitness launched in 2018, gaining traction particularly during the COVID-19…
What’s Driving Footwear’s M&A Craze in 2025
Merger mania is afoot as FN marks its 80th anniversary. In the last month alone, two blockbuster deals were struck — right in the middle of President Donald Trump’s trade war. First,…