Major Fashion Brand Acquisitions to Watch This Year

🇮🇹 Prada Acquires Versace (~€1.25 B / $1.38 B)

• What’s happening: Prada is purchasing Versace from Capri Holdings for approximately €1.25–1.38 billion, with the deal expected to close in mid‑to‑late 2025
• Why it matters: This creates a powerful Italian luxury duo aiming to challenge French conglomerates like LVMH and Kering Prada plans an 18–24 month overhaul to rejuvenate Versace while preserving its bold identity, backed by a verticalised structure and renewed marketing .

👠 Steve Madden Acquires Kurt Geiger (£289 M)

• What’s happening: American footwear giant Steve Madden is buying UK-based Kurt Geiger (which includes Carvela) for £289 million, with the deal set to close by end of 2025 .
• Why it matters: This expands Madden’s global footprint, adding an established European brand with strong direct-to-consumer growth (17 % in DTC, APAC up 47% in Dec 2024) .

👟 Tapestry Sells Stuart Weitzman to Caleres ($105 M)

• What’s happening: Tapestry (owner of Coach & Kate Spade) is offloading luxury shoe label Stuart Weitzman to Caleres for $105 million, targeting a summer 2025 close .
• Why it matters: Tapestry sharpens its brand focus while Caleres enhances its luxury portfolio alongside Sam Edelman and Famous Footwear.

🧥 Revolve Group Acquires Dion Lee (IP Assets, <$1 M)

• What’s happening: E-commerce brand Revolve has acquired the intellectual property of Australian luxury label Dion Lee for under $1 million; designer Dion Lee remains involved .
• Why it matters: This enables Revolve to revive a cult label, adding creative depth to its digital-first model.

👖 Francesco Scognamiglio Regains Brand

• What’s happening: Designer Francesco Scognamiglio has reacquired his own namesake brand from Y Capital Management, setting the stage for a couture relaunch this June in Naples before Paris Couture Week .
• Why it matters: Marks a creative resurgence by restoring a luxury label to its founder’s vision.

🧢 True Religion Gets Strategic Investment from Borletti Group

• What’s happening: Borletti Group, along with ACON Investments, founders of Moose Knuckles, has invested in LA-based premium denim label True Religion .
• Why it matters: Strengthens the brand financially and strategically amid shifting retail pressures.

👞 Anta Sports Buys Jack Wolfskin ($290 M)

• What’s happening: Chinese sporting goods giant Anta is acquiring German outdoor brand Jack Wolfskin from Topgolf Callaway for $290 million, expected late Q2 or Q3 2025 .
• Why it matters: This bolsters Anta’s international outdoor portfolio.

🔍 Wider Trend in 2025 Fashion M&A

Following a pandemic-era slowdown, fashion M&A is surging. Industry analysts attribute the uptick to easing interest rates, a more favorable regulatory climate (notably the FTC’s earlier blocks), and an influx of private equity and brand management interest .

🧭 What to Watch Next