Acquisition news and archive

MadaLuxe Group announces acquisition in jewelry brand Ippolita

Luxury goods company MadaLuxe Group has acquired a majority stake in New York-based fine jewelry brand Ippolita. The acquisition comes as MadaLuxe Group continues to expand its existing portfolio of fashion and lifestyle brands, which includes premium tequila brand Tequila Enemigo. Financial terms of the deal were not disclosed. “We are thrilled...

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Birkenstock to acquire Australian distributor

German footwear provider Birkenstock is set to take direct control of its distribution in Australia. On Wednesday, the publicly listed parent company, Birkenstock Holding Plc, announced it will acquire the distribution company Birkenstock Australia Pty. Ltd. through its subsidiary, Birkenstock International Asia GmbH. A corresponding binding...

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Successful investor search: insolvent fashion brand Closed has new owners

The insolvent German fashion brand Closed has been saved for now. On Thursday, the company announced the successful conclusion of its investor search, which began almost two months ago. The new owners of Closed are the Böck entrepreneurial family and experienced fashion manager Dieter Holzer. The Böck family owns the clothing company Marc O’Polo...

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JustBrand Limited acquires Venture Heat, strengthening its position in the heated apparel market

JustBrand Limited, the parent company behind heated and cooling apparel brands including Gerbing, AlphaCool, and ActionHeat, has acquired Venture Heat, a company that pioneered battery-heated gear. A strategic move by JustBrand Limited, the acquisition sees the Philadelphia-based company cement its position as North America’s biggest heated...

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Childrenswear brand Petit Bateau sold to US investment fund Regent

Petit Bateau, the French children's wear brand owned by the French Rocher Group, has been sold to the US investment fund Regent. In January 2025, the Rocher Group (Yves Rocher, Arbonne, Sabon, Docteur Pierre Ricaud and Petit Bateau) announced its intention to sell the brand, which it has owned since 1988. The sale is now complete, with the...

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LVMH in talks to acquire French business magazine Challenges

Paris - Discussions are underway for the potential sale of the French business magazine Challenges to the luxury group LVMH. According to Pierre-Henri de Menthon, the magazine's editor-in-chief, negotiations are scheduled to take place in September between the Arnault family, who own LVMH, and Challenges' majority shareholder, Claude Perdriel....

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Zalando reports growth in second quarter and updates forecasts

Berlin-based online fashion retailer Zalando SE presented its results for the second quarter of the 2025 financial year on Tuesday evening. The group achieved strong growth in revenue and earnings. At the same time, the company published new annual forecasts. These forecasts include, for the first time, the anticipated contributions of the...

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Katjes acquires majority stake in Bogner

In a significant development for the German fashion industry, Katjes International GmbH & Co. KG, the investment arm of the confectionery company, has acquired a 60 percent majority stake in Munich-based clothing supplier, Bogner. The announcement, made by Bogner on Friday, confirms that the Bogner family will retain a 40 percent share in the...

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Site Centers sells Sandy Plains Village to Hendon Properties

Site Centers, the owner and manager of open-air shopping centres in key suburban, high-income communities, has announced the closing of the sale of Sandy Plains Village in Roswell, Georgia, for 25 million dollars prior to closing costs, prorations, and other closing adjustments, to Hendon Properties. Located in the historic center of Roswell,...

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Skechers takeover: Court dismisses lawsuit seeking to block acquisition

The acquisition of footwear supplier Skechers USA Inc. (Skechers) by investment company 3G Capital is moving closer. On Tuesday, trade magazine Women’s Wear Daily (WWD) reported that a Los Angeles court rejected a pension fund's objection. The Key West Police Officers & Firefighters Retirement Plan (Key West) had sued Skechers and members of the...

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EssilorLuxottica announces acquisition of PUcore's optics division

Eyewear group EssilorLuxottica is expanding its production capacities. The company announced on Monday that it has signed a purchase agreement for the optics division of South Korean chemicals group PUcore. EssilorLuxottica will completely take over all PUcore’s operating units involved in the development, manufacture and marketing of monomers...

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About You reports progress in revenue and earnings after acquisition by Zalando

A few days after the acquisition by online retailer Zalando SE, Hamburg-based e-commerce group About You Holding SE (About You) presented its results for the first quarter of the 2025/26 financial year. On Tuesday, the company announced increases in revenue and operating profit, as expected. “The results were driven by the targeted...