M&A Deal Summary

VF Acquires Lucy Activewear

On August 31, 2007, VF acquired apparel/textiles company Lucy Activewear for 110M USD

Acquisition Highlights
  • This is VF’s 9th transaction in the Apparel/Textiles sector.
  • This is VF’s 7th largest (disclosed) transaction.
  • This is VF’s 9th transaction in the United States.
  • This is VF’s 5th transaction in California.

M&A Deal Summary
Date 2007-08-31
Target Lucy Activewear
Sector Apparel/Textiles
Buyer(s) VF
Deal Type Add-on Acquisition
Deal Value 110M USD

Target

Lucy Activewear

Alameda, California, United States
Founded in 1999, the brand is sold through a base of 50 owned retail stores and online through www.lucy.com. "We have long viewed the women's activewear space as an ideal growth opportunity for VF, and lucy(R) is exactly the right brand for us," said Wiseman. "It has an intensely loyal consumer following, superior product design and development capabilities and tremendous opportunities for future growth through continued expansion of a proven retail store strategy.

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Buyer(S) 1

Buyer

VF

Denver, Colorado, United States
Category Company
Founded 1899
Sector Apparel/Textiles
Employees18,000
Revenue 10.5B USD (2024)
DESCRIPTION
Entrance to VF Corp.'s VF Jeanswear office in Greensboro, North Carolina.
Entrance to VF Corp.'s VF Jeanswear office in Greensboro, North Carolina.

VF is a producer of branded lifestyle apparel with more than 30 brands. VF was founded in 1899 and is based in Greensboro, North Carolina.

DEAL STATS #
Overall 10 of 19
Sector (Apparel/Textiles) 9 of 17
Type (Add-on Acquisition) 8 of 13
State (California) 5 of 7
Country (United States) 9 of 16
Year (2007) 3 of 3
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-31 7 For All Mankind

Rancho Dominguez, California, United States

7 For All Mankind LLC is a designer and marketer of premium denim and related apparel. 7 For All Mankind sells its products through high-end department stores and fashion boutiques throughout the United States, as well as internationally through exclusive distributors.

Buy $775M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-04 Mo Industries Holdings

Los Angeles, California, United States

Based in Los Angeles, Mo Industries a contemporary apparel company that features two high-growth, distinctive brands - the Ella Moss(R) brand offers bold, bright, ultra-feminine contemporary apparel while Splendid offers soft, rich luxury basics for women, men, and children. The striking combination of fabrication and design excellence has resulted in instantly recognizable Ella Moss(R) and Splendid(R) products and has contributed significantly to the Company's success.

Buy -
Mergr

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