M&A Deal Summary

Galaxy Brand Holdings Acquires Brown Shoe - Avia & Nevados Brands

On May 14, 2013, Galaxy Brand Holdings acquired apparel/textiles company Brown Shoe - Avia & Nevados Brands from Caleres for 74M USD

Acquisition Highlights
  • This is Galaxy Brand Holdings’ 1st transaction in the Apparel/Textiles sector.
  • This is Galaxy Brand Holdings’ largest (disclosed) transaction.
  • This is Galaxy Brand Holdings’ 1st transaction in the United States.

M&A Deal Summary

Date 2013-05-14
Target Brown Shoe - Avia & Nevados Brands
Sector Apparel/Textiles
Buyer(s) Galaxy Brand Holdings
Sellers(s) Caleres
Deal Type Divestiture
Deal Value 74M USD

Target

Brown Shoe - Avia & Nevados Brands

United States
Brown Shoe - Avia & Nevados Brands a fashion footwear.

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Buyer(S) 1

Buyer

Galaxy Brand Holdings

New York, New York, United States

Category Company
Founded 2011
Sector Consumer Products
DESCRIPTION

Galaxy Brand Holdings, Inc. is a brand development company with a diversified portfolio of consumer brands.


DEAL STATS #
Overall 1 of 2
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 2
Year: 2013 M&A 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 Linens ‘N’ Things

Sacramento, California, United States

Linens ‘N Things is a retailer and brand of home goods and furnishings.

Buy -

Seller(S) 1

SELLER

Caleres

St. Louis, Missouri, United States

Category Company
Founded 1878
Sector Retail
Employees4,800
Revenue 2.7B USD (2025)
DESCRIPTION

Caleres originally founded as Brown Shoe Company, Inc., is a global footwear retailer and wholesale. Caleres operates retail shoe stores and e-commerce websites as well as designs, sources and markets footwear for women and men. Caleres was incorporated in 1878 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 2 of 3
Sector: Apparel/Textiles M&A 2 of 3
Type: Divestiture M&A Deals 2 of 3
Country: United States M&A 2 of 3
Year: 2013 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-10 The Jones - Sam & Libby Brand

United States

The Jones - Sam & Libby Brand, comprises footwear brands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-13 Allen Edmonds

Port Washington, Wisconsin, United States

Allen Edmonds Corp. is a manufacturer of men’s premium handcrafted leather footwear and accessories. Allen Edmonds was founded in 1922 and is based in Port Washington, Wisconsin.

Buy $255M