Acquisition
5 articles
Aditya Birla buys 51% of Sabyasachi for ₹398 crore
The Sabyasachi brand, which saw its estimated turnover nearly double from ₹275 crore in 2020 to an expected ₹500 crore for the current year, just sold a 51% stake to Aditya Birla Fashion and Retail fo
Frasers Group launches takeover bid for Hugo Boss stake
Frasers Group, already a significant stakeholder, launched a €2 billion bid to acquire the remaining 74% of German fashion house Hugo Boss.
Bailey Acquires Burleigh, Reviving Oldest Victorian Pottery
Burleigh Pottery, the last heritage company globally still using traditional tissue transfer printing, faced administration until former Burberry CEO Christopher Bailey stepped in.
Marquee Brands Acquires Roberto Cavalli
Roberto Cavalli's U.S. subsidiary, ArtFashion Corp., recently filed for Chapter 7 bankruptcy, laying off all 93 employees. This occurred even as its parent brand secured a new majority owner, Marquee
Kering acquires minority stake in Icicle owner ICCF Group
At its Capital Markets Day in Florence, Kering CEO Luca de Meo announced a minority investment in Chinese fashion group ICCF, owner of luxury label Icicle.