Editor’s Note
This summary is based on Deloitte’s “Global Fashion & Luxury Private Equity and Investors Survey 2023,” which analyzes M&A trends in the sector. The report indicates a modest increase in deal volume for 2022, with specific segments driving market growth.
Recently, the international consulting firm Deloitte released its new “Global Fashion & Luxury Private Equity and Investors Survey 2023,” reporting on the trends and expectations for mergers and acquisitions (M&A) activity in the global fashion and luxury industry.
The main highlights of the report are as follows:
– In 2022, the fashion and luxury industry recorded a total of 292 M&A transactions, a slight increase of 8 deals compared to the previous year.
– Growth in the M&A market was led by the hotel sector (an increase of 16 transactions), the furniture industry (an increase of 15 transactions), and the watch and jewelry sector, while the apparel and accessories, beauty and fragrance categories saw significant declines.
– Europe was the region with the largest increase (an increase of 25 transactions), while North America recorded the largest contraction (a decrease of 12 transactions).
– Investors anticipate a positive trend over the next three years, primarily driven by growth in the hotel sector.
– The top five priorities for the luxury industry in 2023 are …