Global Brands Group Korea has been acquired by Alpha Vista Investment

Global Brands Group Holding Ltd has sold Global Brands Group Korea Ltd. to Alpha Vista Investment Co., Ltd.

Global Brands Group Korea is engaged in the design, development, marketing and sale of kids’, men’s and women’s apparel, footwear, fashion accessories and related lifestyle products under the Spyder brand, primarily through sales to retailers and end consumers, and via the company’s stores and e-commerce channels in Korea.

Alpha Vista Investment is a registered private equity investment firm incorporated in Korea.

Global Brands Group Holding is an investment holding company mainly engaged in the sale of clothes. Along with its subsidiaries, the company operates its business through four segments. The kids’ segment is engaged in the sale of swimwear, outerwear and underwear. The footwear and accessories segment is engaged in the sale of footwear and accessories under the brands Calvin Klein, Cole Haan, Kate Spade, Michael Kors, Aquatalia and Fiorelli. The men’s and women’s fashion segment sells its products under the brands Spyder, Juicy Couture, Jones New York, Joe’s Jeans, Buffalo Jeans, and David Beckham. The brand management segment provides services such as developing creative inspiration, market targeting, licensee acquisition, product development, marketing and product launches.

Oaklins’ team in Hong Kong acted as financial advisor to Global Brands Group Holding in this transaction.