Mergers and acquisitions news and archive

Wacoal acquires Glamorise to bolster digital growth

The US-based Wacoal International Corporation (WIC), which serves as the parent company of Wacoal America, Inc., has announced an agreement to acquire all issued and outstanding shares of Glamorise. Based in New York, Glamorise specializes in the design, development, and e-commerce-driven sales of women’s innerwear. The strategic move is...

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American Exchange Group acquires Allbirds for 39 million dollars

US footwear brand Allbirds has announced a definitive agreement to sell its intellectual property and specific assets and liabilities to American Exchange Group. The New York-based firm, which specializes in accessories design and manufacturing, will acquire the brand for an estimated 39 million dollars. The transaction was negotiated by a...

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Nextil raises 13.9 million euros in promissory notes following acquisition of Sindutex

Madrid – Spanish textile multinational Nextil has announced the successful completion of its latest debt placement through its promissory note programme on the Alternative Fixed-Income Market (MARF). This financing operation follows the acquisition of a majority stake in the Portuguese company Sindutex. This morning, Nextil Group announced the...

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Frasers Group increases exposure to Asos

Sports Direct’s parent company has increased its financial commitment to Asos. According to a regulatory filing, Frasers Group has purchased additional "sold put options", increasing its total exposure in the e-commerce company to 29.26 percent. Frasers currently holds 23.33 percent of direct shares, making it one of Asos' largest shareholders....

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Puig and Estée Lauder confirm merger negotiations

Madrid – A potential, and it must be stressed potential, merger of giants in the fashion and beauty world is on the horizon. Both the Spanish company Puig, owner of Carolina Herrera and Jean Paul Gaultier, and the US-based The Estée Lauder Companies, which owns Tom Ford, Clinique and Mac, have confirmed they are in negotiations to merge. This...

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MySize subsidiary Naiz Fit to acquire assets of EyeFitU

Israel-based fashion technology firm MySize has announced that its subsidiary, Naiz Fit, has signed a non-binding letter of intent (LOI) to acquire selected assets of EyeFitU. Based in Switzerland, EyeFitU provides digital sizing and fit solutions for international fashion retailers and sportswear brands. The acquisition is expected to integrate...

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Tomorrow Group acquired by Italian investor Progetto 11

London-based brand development firm Tomorrow Group has found a new owner in Progetto 11, the Italian holding company of e-tailer The Level Group. Andrea Ciccoli, co-founder of The Level Group, confirmed the news to WWD, stating that the deal would “ensure the operational continuity” of the fashion platform. While financial details were not...

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Following the Les Lunes acquisition: The next steps for Snocks

Snocks continues on its growth trajectory. Following a successful 2025 financial year, where the German sock and underwear specialist grew by 20 percent, the company has once again expanded its portfolio and rescued Les Lunes from insolvency. The womenswear brand is now set to be revamped. Rehan Choudhry, who leads Snocks as co-CEO alongside...

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Levi Strauss completes sale of Dockers brand to Authentic

US denim giant Levi Strauss announced the final closing of the sale of its Dockers brand to the US brand management firm Authentic Brands Group on February 27, 2026. This transaction marks a significant shift in the long-term strategy of the company as it seeks to streamline operations and focus on high-growth assets. The divestiture follows a...

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Soles4Souls acquires Erren Recondition to scale circular solutions

US-based nonprofit Soles4Souls has announced the acquisition of Erren Recondition, a Netherlands-based specialist in footwear and apparel reconditioning. The move is designed to enhance the ability of Soles4Souls to provide scalable circularity services for brands and retailers, focusing on extending product lifespans and reducing textile waste....

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Jack and Sage expands into logo wear segment through Kastlfel acquisition

Colorado-based outdoor apparel company Jack and Sage has acquired the assets, intellectual property and inventory of sustainable apparel label Kastlfel, marking a strategic expansion into the sustainable basics segment. Financial terms of the deal were not disclosed. The transaction also includes a partnership with Kastlfel’s parent company,...

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Aritzia acquires Fred Segal as it accelerates US expansion

Aritzia has acquired Fred Segal from Fred Segal Family LLC, as the Canadian womenswear brand continues on its strong growth path across North America and potentially Europe. In addition to purchasing the Fred Segal brand, intellectual property, and trademarks, Aritzia has also secured the lease for 8100 Melrose Avenue, the original location of...