Fashion and luxury goods market attracts attention of investors
16:02
In 2018, 265 mergers and acquisitions (M&A) with an average value of $233 million were carried out on the global Fashion & Luxury Goods market. According to the authors of the Deloitte consulting report “Fashion & Luxury Private Equity and Investors Survey 2019”, the hotel industry and producers of luxury clothing and accessories were among the sectors that enjoyed the greatest interest. Optimistic forecasts also apply to cosmetics, perfumes, and furniture. Investors predict the steady growth of these sectors by more than 10 percent annually.
“Europe turned out to be the most popular investor direction in 2018. Up to 150 M&A transactions, i.e. 41 more than a year ago, took place here. Over half of them concerned the hotel segment as well as clothing and accessories, “ Kamil Kucharczyk, Deputy Director in the financial consulting department at Deloitte, states. (WBJ)