Business
American Exchange Group Inks $39 Million Deal for Allbirds Assets
American Exchange Group plans to acquire the assets of Allbirds, the struggling shoe brand, in a $39 million deal. The sale, negotiated by…
Tag
Mergers & Acquisitions
Business
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,…
Business
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…
Business
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…
Business
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…
Business
The Biggest Footwear M&A Deals in 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…
Business
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…
Business
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…
Business
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…
Business
EXCLUSIVE: Bansk Group Takes Majority Stake in Byoma
Bansk Group has made another beauty acquisition. The parent company of Amika, Eva NYC and Ethique has acquired Yellow Wood Partners’…
Business
VSP Vision to Acquire Marcolin From PAI Partners and Other Minority Shareholders
VSP Vision, parent company of Marchon, has entered into an agreement to acquire Marcolin from PAI Partners and other minority…
Business
Skechers and 3G Get Green Light: Here’s When The Biggest Shoe Buyout Deal at $9 Billion Will Close
Skechers U.S.A. and 3G Capital Partners L.P. have the go ahead to move forward on their $9 billion merger deal. The transaction, first…
Business
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…
Business
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…
Business
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…
Business
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…