Chinese Buyers Showing Renewed Interest in Global Luxury Deals

As recently reported in Footwear News, large Chinese corporations have been especially active acquirers of iconic Western luxury brands in the first half of 2018. In one notable deal, Fosun International Ltd., a Shanghai-based conglomerate, purchased a majority stake in French fashion house Lanvin. Likewise, Shandong Ruyi Technology Group Co., a large Chinese textile firm, acquired a controlling stake in Swiss apparel and leather accessories brand Bally.

Recent Harris Williams & Co. experience reflects these headlines, according to professionals Daniel Wang, Corey Benjamin, and Christopher Darlington. In this article, Wang, Benjamin, and Darlington discuss the enduring appeal of global luxury brands, the trends bolstering Chinese participation in deals, and the evolving strategies of Chinese buyers.

Read the full article here.

PUBLIC MARKETS OVERVIEW

Key Trading Statistics¹

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Public Company Sector Performance (12-month % change in stock price)¹

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Consumer and Retail Industry Stock Performance¹

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Recent Equity Offerings¹

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M&A OVERVIEW

Announced Consumer and Retail M&A¹

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Consumer and Retail M&A Trends¹

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Trading Multiples and Announced Private Equity M&A Activity¹

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Public Comparables1

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M&A TRANSACTIONS

Recent North American Consumer M&A¹

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1. FactSet