On May 7, Swiss luxury jewelry giant Richemont announced that it acquired 100% of Vhernier S.p.A. (“Vhernier”), the distinctive Italian jewelry Maison, in a private transaction.
Tag: M&A
On December 23, The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced the acquisition of DDG Skincare Holdings LLC, which owns Dr. Dennis Gross Skincare.
On December 20, Frasers Group, the retail group owned by Mike Ashley, a successful British high street business, will acquire the luxury e-commerce site Matchesfashion for just 52 million pounds ($63 million).
On December 18, luxury e-commerce platform Farfetch, which was on the verge of bankruptcy, was reportedly being acquired by South Korean e-commerce giant Coupang for $500 million.
Karlie Kloss, model, investor, and entrepreneur, is buying the British fashion and culture publication i-D Magazine.