This marks ODDITY’s largest acquisition to date.
Vince stated that its net sales for the 2022 fiscal year increased by 10.8% YoY to $357.4 million.
With the acquisition of Celi, TISG has unlocked the opportunity to expand into non-industrial sectors such as high-end construction and luxury hotels. This move not only solidifies TISG’s position in the market but also presents new avenues for growth and profitability.
According to the terms of the transaction, WHP Global will acquire the Bonobos brand for $50 million, while EXPR will acquire Bonobos’ operating assets for $25 million and assume related liabilities.
In 2015, Marcolini was appointed as the designated chocolate brand of the Belgian royal family, which brought it a lot of attention and made it one of the iconic brands of Belgium.
Showpony offers high-quality hair extension bundles and accessories for global customers and industry professionals, along with education and support services.
BrandEd has been operating for twenty years since its acquisition of the London campus of Sotheby’s Institute of Art in 2003.
ChimHaeres states that it is in an ideal position to become a significant player in the European luxury goods industry, considering its team’s experience and available capital, and is actively seeking investments in ambitious and strong brands.
In Canada, Casper currently has six physical stores located in Toronto, North York, Etobicoke, Newmarket, Vancouver, and Calgary.
As part of the acquisition, EPI will be renamed as Fanatics Italy.