M&A Deal Summary

Farfetch Acquires New Guards Group

On August 8, 2019, Farfetch acquired apparel/textiles company New Guards Group for 675M USD

Acquisition Highlights
  • This is Farfetch’s 1st transaction in the Apparel/Textiles sector.
  • This is Farfetch’s largest (disclosed) transaction.
  • This is Farfetch’s 1st transaction in Italy.

M&A Deal Summary
Date 2019-08-08
Target New Guards Group
Sector Apparel/Textiles
Buyer(s) Farfetch
Deal Type Add-on Acquisition
Deal Value 675M USD

Target

New Guards Group

Milan, Italy
website
New Guards Group is a brand platform for luxury brands’ design, production, and distribution. New Guards provides the resources and expertise to transform early-stage brands into profitable, high growth businesses, driving rapid, profitable growth for New Guards itself. New Guards Group was founded in 2015 and is based in Milan Italy.

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Buyer(S) 1

Buyer

Farfetch

London, United Kingdom

website

Category Company
Sector E-Commerce
Employees800
DESCRIPTION

Farfetch is an online destination for luxury fashion, bringing together the world’s best boutiques in a single location. Farfetch is based in London, England.

DEAL STATS #
Overall 4 of 7
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 4 of 6
Country (Italy) 1 of 2
Year (2019) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-12 Stadium Goods

New York, New York, United States

Stadium Goods is the world's premier sneaker and streetwear marketplace. Founded in 2015 by John McPheters and Jed Stiller , the company has strategically positioned itself at the epicenter of a global commerce ecosystem. In addition to its online marketplace ( stadiumgoods.com ), iOS and Android enabled App and brick-and-mortar store in the heart of Soho, Stadium Goods' merchandise is also distributed through Farfetch, Alibaba , Amazon, eBay and more.

Buy $250M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-09 Luxclusif

Hong Kong, China

Luxclusif is a tech and data-driven B2B platform that enables both the sale and acquisition of second-hand luxury goods to/from auctions, retailers, e-commerce platforms, and stores worldwide. It has enabled players from different sectors of the e-commerce segment to successfully incorporate resale solutions in their business through the aid of in-house data and tech teams, making turn-around quicker and more precise. Luxclusif was formed in 2012 and is based in Manila, Hong Kong, and Portugal.

Buy -
Mergr

Product

Company

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