Tapestry, Inc. Acquires Capri Holdings Limited

Caleres Acquires Stuart Weitzman from Tapestry

February 19, 2025

Consumer Products

Caleres has agreed to acquire luxury footwear brand Stuart Weitzman from Tapestry, Inc. for approximately $105 million (announced) and closed for $120.2 million (including $11.5 million cash at closing), adding the brand to Caleres' Brand Portfolio. The acquisition, funded via Caleres' revolving credit facility, is intended to expand Caleres' luxury and direct-to-consumer capabilities and leverage its footwear operating expertise to return Stuart Weitzman to profitability.

Prada Group Acquires Versace from Capri Holdings

April 10, 2025

Consumer Products

Prada Group has acquired Versace from Capri Holdings for €1.25 billion. The luxury house will join Prada's portfolio and is expected to retain its creative DNA while leveraging Prada Group's industrial, retail and operational capabilities to drive growth following a recent sales decline.

Capri Holdings Acquires Tuscan Shoemaker Sicla

March 23, 2024

Manufacturing

Capri Holdings has signed an agreement to acquire Sicla, a Montevarchi-based Italian shoemaker known for producing part of Jimmy Choo's collections. The Donnini family will continue to oversee operations; financial terms were not disclosed. The acquisition strengthens Capri's production capabilities and secures a supplier in Tuscany's luxury footwear cluster.

Argand Partners Acquires Capezio (Ballet Makers Inc.)

April 21, 2025

Consumer Products

Argand Partners, a New York-based middle-market private equity firm, has acquired Ballet Makers Inc. (the Capezio brand) from the Terlizzi and Giacoio families; terms were not disclosed. Backcast Partners provided senior secured debt and preferred equity to support the transaction, and several family members — including CEO Michael Terlizzi — will remain invested and in management as Argand pursues product innovation and international growth.

Screen Engine/ASI Acquires London-Based Tapestry Research

January 3, 2022

Media & Entertainment

Screen Engine/ASI has acquired London-based Tapestry Research to expand its global presence and augment its media and entertainment research capabilities. Tapestry's founders, Kevin Thompson and Ian Wright, will continue to lead the business and join SE/ASI's management team as Executive Vice Presidents.

VF Corporation Acquires Supreme

November 9, 2020

Consumer Products

VF Corporation has signed a definitive agreement to acquire the privately owned streetwear brand Supreme in an all-cash deal valuing the brand at about $2.1 billion. Current investors The Carlyle Group and Goode Partners are selling their stakes; Supreme's founder James Jebbia and senior leadership will remain with the company, headquartered in New York City.