trending Market Intelligence /marketintelligence/en/news-insights/trending/GbAoDtoeuqcvPG-hv8Lgxw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Farfetch to acquire New Guards Group

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Farfetch to acquire New Guards Group

Online luxury fashion retail platform Farfetch Ltd. said Aug. 8 the company will buy Italy-based New Guards Group Holding SpA for a total enterprise value of $675 million.

New Guards owns fashion brands including Off White, Palm Angels and Unravel Project. New Guards' portfolio revenue during the 12-month period ended April 30 came in at $345 million.

London-based Farfetch will fund the transaction through cash and shares. The exact amounts will be determined once the customary adjustments are completed. The company has also secured a €300 million senior secured loan facility from J.P. Morgan Securities for up to 12 months to finance the deal.

The transaction is expected to close in the third quarter of 2019, subject to customary closing conditions.