Luxury And Fashion Brands Have More Than 30 Takeovers.

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The signs of a rebound in the industry are obvious. In 2017, luxury brand acquisition pactions are becoming increasingly active. According to preliminary statistics, more than 30 luxury and fashion brands have been identified this year.

According to the world clothing and shoe net, the biggest purchase in luxury fashion industry this year is right.

The group's boss Bernard Arnault family's acquisition of Dior for 12 billion 100 million euros is now officially completed.

The top second is LVMH group's 6 billion 500 million euros acquisition of Dior fashion department. According to the latest report released by LVMH group, the third quarter sales of fashion leather goods department increased 13% over the same period last year, mainly due to the positive contribution of Dior fashion department.

The third one is high allocating capital, CDH investment and some management departments of BELLE, through Muse buyout fund company's privatization acquisition of BELLE group for us $4 billion 500 million.

Some analysts believe that the former peak market value of 150 billion Hong Kong dollars, a generation of shoe king officially withdrew from the market, although a sigh, but also usher in a new beginning.

In addition, the list also includes Coach group's $2 billion 400 million acquisition of Kate Spade, and Michael Kors12 billion acquisition of Jimmy Choo.

Recently, Carlyle Group, which has attracted much attention from the industry, will buy the Supreme 50% stake for the top 10 in the list of 500 million dollars.

It is noteworthy that the Coach group after the acquisition of Kate Spade announced last week that the group would rename "Tapestry" to better comply with its own Coach, Kate Spade and Stuart Weitzman.

Positioning of light luxury group.

The name change will take effect in October 31st. After renaming, the group's code on the New York stock exchange will change from "COH" to "TPR".

At the same time, the acquisition and acquisition of foreign brands has also become a new trend of domestic enterprises.

In August of this year, seven wolves will invest in Karl Lagerfeld Greater China Holdings Limited (KLGC) 80.1% and a corresponding shareholder loan through a wholly owned subsidiary of Hongkong, with a total amount of 320 million yuan or equivalent value of US dollars.

The announcement indicates that KLGC owns the permanent, irrevocable, exclusive and redistributable right to use the Karl Lagerfeld Lagerfeld, which is an international lightweight luxury brand in the Greater China region, including Mainland China, Hongkong, Taiwan, Macao and Singapore. This usufruct includes a series of core rights such as design, production and distribution.

After the completion of the delivery, the seven wolves will take part in the business mode and format of fashion luxury luxury brands with the help of this paction, so as to speed up the pformation of the company's retail mode.

In August 22nd, China's diversified enterprises Hainan Airlines Group and Swiss airport retailer Dufry AG issued a formal statement saying that Hainan Airlines has completed the operation of acquiring 16.2% stake in Dufry from Singapore's Government Investment Company (GIC) and Temasek, and the specific paction amount has not yet been disclosed, but analysts estimate that the amount involved is about $1 billion 400 million.

In order to better enter the luxury brand e-commerce market, the domestic electricity supplier giant Jingdong invested $397 million in June this year to become the largest shareholder of the British luxury fashion business Farfetch. It is reported that Farfetch will be valued at IPO or $5 billion after 15 months. In March of this year, Shandong Ruyi group, which had just taken the Maje parent company SMCP last year, bought the British brand Aquascutum business from the YGM trade at a price of HK $900 million.

According to the latest global luxury industry report released by HSBC HSBC, the valuation level of brands has slowly risen to the highest level in ten years, with the help of consumers' re purchase of luxury goods. A large number of cash flows, low interest rates and the pformation of luxury business models will attract more and more investors' interest and interest in major enterprises.

HSBC believes that every ten years the industry will usher in a new turning point, the acquisition will continue to become the next 12 months of industry keywords, and pointed out that there will be more mergers and acquisitions in the luxury industry in the future will happen.

The following are the top 10 mergers and acquisitions of the fashion industry in 2017.

LVMH Group founder Bernard Arnault family company bought Dior group for $13 billion.

In April of this year, the Bernard Arnault family, which controls Dior group and LVMH group, announced the acquisition of the remaining 26% of the Dior group held by minority shareholders for $13 billion.

The Bernard Arnault family currently holds 74% of the Dior group.

According to the takeover offer, the Bernard Arnault family will pay 172 euros in cash for each Dior group share, plus 0.192 shares of Hermes shares.

Insiders say that Dior is the favorite brand of Bernard Arnault, even more than LV.

In 1984, the Arnault family acquired the Dior owner Willot Group (later renamed Bernard Agache by Financiere Arnault) and became the major shareholder of the Dior group. At that time, the performance of the Dior group was very bad.

After a series of strategic adjustments, Sidney Toledano was hired as the chief executive of the brand to lead the global expansion of the brand. The performance of Dior group was gradually on the right track and resumed growth.

LVMH group bought Dior fashion for $7 billion

In April 25th, the LVMH group announced the acquisition of all the Dior fashion equity with us $7 billion to further consolidate its leadership in the leather fashion market.

LVMH group chief financial officer Jean-Jacques Guiony has said that after the completion of the acquisition, LVMH group will not only have Dior's fashion and perfume department, but also the management structure of the group will be more simplified. After a substantial increase in operational efficiency, the LVMH leather sales sector of the LVMH group, including LV, Fendi and Fendi brands, rose by 13% to 3 billion 995 million euros in the third quarter.

According to statistics, Dior recorded an organic growth of 12% in the first three quarters. The Group expects Dior fashion sales to expand to 3 billion euros in 2020.

Some analysts pointed out that in addition to the Gucci of Kai Yun group, Dior has become the most rapidly developing luxury brand, and their common point is to conquer the millennial consumers.

High level capital, CDH investment, and some management of BELLE purchased privatization of BELLE group with us $4 billion 500 million.

In April 28th, the news that the famous brand Belle International Holdings Ltd, known as the "one generation of shoe king", was acquired by Belle International Holdings Ltd, was finally landed.

BELLE International announced that Muse group, a leading conglomerate led by Gao Ling group, CDH investment and executive director of BELLE international, Wu and Sheng Fang, announced the proposal to privatize BELLE international and proposed a total purchase price of HK $53 billion 100 million, or about US $4 billion 500 million.

It is reported that BELLE international, which faces the pressure of declining performance, hopes to win the key window period for the pformation and development through the privatization operation, with the support and operation resources of the high Ling group and Ding Hui investment.

From the scale of cash, BELLE international has become the largest privatization deal in the history of HKEx.

Zhang Lei, founder of high allocating capital, said in BELLE's internal high-level strategic meeting recently that BELLE, currently the most successful C2M company in China, has a gene called "China's good gene" in fashion and sports industry. It is a company with both spiritual and cultural connotation.

With the support of BELLE's rich brand portfolio, huge store network and mature e-commerce platform, it will become a new mode of new Belle in the future.

Coach Group acquired $2 billion 400 million for Kate Spade

In May 8th, the us light luxury group Coach announced that it had signed a formal agreement on the acquisition of Kate Spade & Company, with a total purchase amount of US $2 billion 400 million.

At present, apart from Coach and Kate Spade, the group also owns Stuart Weitzman brand. Taking into account this situation, Coach group will be renamed "Tapestry" by the end of this month.

Some people in the industry say that the ultimate goal of Victor Luis is to make Coach group a LVMH of light luxury.

Victor Luis herself also admitted after the announcement that he had listed the three luxury giants of LVMH group, Kai Yun group and the peak group as potential competitors.

HNA Group acquired the largest shareholder of Dufry, the largest duty-free retailer in the world, with us $1 billion 400 million acquisition.

In August 22nd, China's diversified enterprises Hainan Airlines Group and Swiss airport retailer Dufry AG issued a formal statement saying that Hainan Airlines has completed the operation of acquiring 16.2% stake in Dufry from Singapore Government Investment Company (GIC) and Temasek, and the specific paction amount has not yet been disclosed.

In view of Dufry's current market capitalization of $8 billion 500 million, the value of these shares should be around us $1 billion 400 million.

After the completion of the paction, HNA's stake in Dufry will rise to 20.92%, becoming the largest shareholder of Dufry.

Dufry is one of the largest duty-free retailers in the world, and currently accounts for about 1/4 of the global airport tax-free retail market.

Airport retailer Dufry operates more than 2200 tax-free and dutiable shops worldwide.

Dufry said the two companies have begun looking for cooperation to get more business from Chinese travelers.

Some analysts point out that with the increasing consumption of tourists, Hainan Airlines's accession is of great significance to the development of Dufry in Asia.

Prior to the announcement of Hainan Airlines's entry into the retail of the layout tourism, the group also followed the acquisition of Dufry AG 5%.

Michael Kors $1 billion 200 million Jimmy Choo

In July 25th, the US luxury handbag brand Michael Kors and the British luxury shoe brand Jimmy Choo have reached a takeover agreement at a paction price of $1 billion 200 million.

European Union members have fully passed the acquisition, and Jimmy Choo will be formally delisted on October 30th.

Jimmy Choo was sold by the parent company JAB in April of this year. The buyers who participated in the bidding included Chinese Hongyi investment, CVC Capital and so on, but it was eventually led by Michael Kors.

It is reported that Jimmy Choo will continue to operate independently from the existing team after the paction is completed.

Jimmy Choo CEO Pierre Denis said the deal would help both sides achieve a win-win situation and work together to build a leading global luxury retail group.

Jimmy Choo was co founded by Zhou Yangjie and Tamara Mello, who was a fashion accessory editor at the time in the British edition of Vogue. However, the two founders left the brand in 2001 and 2011, and sold the brand 68% share to JAB in 2011, and then went public in London in 2014.

Natura Cosmetics $1 billion 120 million acquisition of The Body Shop

In September 8th, Natura Cosmetics of Brazil has formally completed the acquisition of The Body Shop through the anti-monopoly review.

The total value of the paction is about $1 billion 120 million, and Natura Cosmetics has now officially acquired The Body Shop's management rights in 3200 stores in 69 countries.

Robert Chatwin, vice president of Natura Cosmetics, said earlier that the group will accelerate the expansion strategy of The Body Shop in the world, and is expected to enter 81 new regions, including the Chinese market.

He stressed that China will become one of the most potential markets for The Body Shop in the future.

In 2006, L'OREAL Group acquired The Body Shop with 620 million pounds, and Jean-Paul Agon, chairman and CEO of the group, admitted that since the acquisition, the brand and the group have not been integrated successfully. He stressed: "we were worried that the culture of the company was not compatible with it, but we couldn't bear to destroy its original brand value."

Therefore, L'OREAL group granted the right of The Body Shop to operate independently, and later incorporated The Body Shop into the new Selective Divisions Department of the group to reverse the development trend of the brand downturn, but little effect was achieved.

Vans parent group, rich group, acquired $820 million for Williamson-Dickie

In August 15th, the Vans parent group announced that it would spend about $820 million in cash to acquire Williamson-Dickie Mfg. Co., a clothing company, which is expected to be completed in the fourth quarter of this year.

Williamson-Dickie Mfg.'s brands include Dickies, Workrite, Kodiak, Terra and Walls, which earned about $875 million last year.

After the paction is completed, the brand of Williamson-Dickie Mfg. will be incorporated into the uniform Department of the Wei Fu group.

According to the latest second quarter earnings report of Wei Fu Group, its sales grew by 1.7% to 2 billion 360 million US dollars, and net profit soared by 115% to 109 million dollars.

The Group expects Williamson-Dickie Mfg. to generate about $200 million in revenue in the fourth quarter, thereby increasing its annual sales forecast by 3.5% to $11 billion 850 million.

Cedar holding group's US $620 million purchase of male clothing

On the evening of June 13th, he announced that he had signed an agreement with 6 shareholders of the cedar group, including Guangzhou's Cedar culture and Tourism Investment Co., Ltd., which had been suspended for two weeks. The total amount of investment was 200 million yuan, which was about 4 billion 200 million yuan, or about 620 million dollars.

The paction triggered a total offer of no more than 2 billion 360 million yuan.

Hinur, founded in 1992, is the fourth largest Chinese men's clothing brand in the Chinese market. Due to the overall downturn in the men's wear industry, the company has been losing its net profit for third consecutive years.

Carlyle capital purchases $500 million stake in Supreme50%

Carlyle Group plans to buy Supreme 50%'s stake at a price of 500 million US dollars.

Insider sources say Carlyle's valuation of Supreme is as high as $1 billion, and it will also cover $100 million in debt.

Up to now, neither Supreme nor Carlyle have responded to the news.

According to the US women's Wear Daily quoted sources, LV X Supreme cooperation series has been sold to 100 million euros.

Supreme, founded in 1994 by James Jebbia, is popular among young consumers. It has launched a series of cooperation with LV, COMME des GAR, ONS and other luxury brands and designers.

It is noteworthy that Supreme has never announced its profit level, but the Carlyle Group's 1 billion valuation means that the profit of the brand annual interest tax depreciation and amortization is about 100 million dollars.

Jingdong $400 million invested in Farfetch

In June 22nd, Jingdong group and Farfetch, a boutique shopping platform, announced the establishment of a strategic partnership to create the preferred platform for luxury online shopping in China to embrace the huge opportunity of the $80 billion luxury market.

As part of this cooperation, Jingdong group will invest $397 million in Farfetch and become one of its largest shareholders. Meanwhile, Liu Qiangdong, chairman and chief executive officer of the board of directors of Jingdong group, will join the Farfetch board.

According to sources, the strategic cooperation will integrate the strengths and resources of the two sides, and use Jingdong's powerful logistics network, technology and social media resources, especially with WeChat, to integrate with Farfetch's global luxury resources and provide consumers with more high-end, high-quality luxury shopping experience.

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