M&S takes 25% stake in brand partner Nobody’s Child
UK retailer Marks & Spencer (M&S) has taken a 25% stake in eco-conscious womenswear brand Nobody’s Child and will launch the brand in selected stores next year.
Deals
Authentic Brands Group sells US$12.7bn stake to private investment firms
Global brand development company Authentic Brands Group has sold a significant stake in its business...
Digital media hiring levels in apparel industry rise to year-high
The proportion of apparel supply chain companies hiring for digital media related jobs rose to...
Reliance Industries acquires lingerie business amanté from MAS Holdings
Sri Lankan apparel manufacturer MAS Holdings has sold MAS Brands, which owns and operates retail...
Joe’s Jeans acquired by Centric Brands, WHP Global
Centric Brands and WHP Global have jointly entered into a deal to acquire Joe’s Jeans...
Foot Locker completes $360m atmos acquisition
US sportswear retailer Foot Locker has completed the acquisition of atmos, a digitally-led, premium, global retailer headquartered in Japan, for US$360m, subject to certain customary adjustments.
JD Sports hits back as UK watchdog orders Footasylum sale
The UK Competition and Markets Authority (CMA) has instructed JD Sports to sell Footasylum after its in-depth investigation identified what it calls competition concerns.
Allbirds valued more than $4bn following IPO stock surge
Eco-friendly sneaker firm Allbirds raised more than US$300m in its initial public offering (IPO) on Wednesday (3 November).
French Connection takeover gets the greenlight
French Connection shareholders have agreed to back the GBP29m (US$39.5m) takeover of the fashion retailer by a consortium led by its second-largest shareholder, which will come into effect on 8 November.
Allbirds aims for $2bn US IPO valuation
Sustainable footwear and apparel company Allbirds says in its initial regulatory filing that it is aiming for a US$2bn valuation for its US Initial Public Offering (IPO).
What does UK and New Zealand free trade deal mean for apparel?
UK Prime Minister Boris Johnson and New Zealand Prime Minister Jacinda Ardern signed a free trade deal on 20 October, but what does it mean for the apparel industry?
