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Deal Detail

Champion (from Hanesbrands) to Authentic Brands

Luxury & ApparelApparel, Footwear & Accessories/Jun 2024
EV / LTM EBITDA
11.1x
EV / LTM Sales
0.6x
Enterprise Value
$1.2B
Primary Source
Greenhill

Comparable Transactions

Luxury & Apparel transactions announced in the five years to June 2024. 11 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Feb 2024Tod’s S.p.A.L Catterton$2.2B1.8x8.1xFinancial
Jan 2024SperryAuthentic Brands Group$130M0.6x12.9xStrategic
Oct 2023Diamonds Direct USA Inc.Signet Jewelers Limited--7.1xStrategic
Sep 2023Chico's FASSycamore Partners$872M-4.9xFinancial
Aug 2023Capri HoldingsTapestry$8.5B1.5x9.0xStrategic
Sep 2021Lugano Diamonds & Jewelry, Inc.Compass Diversified$256M2.7x8.5xStrategic
Jul 2021Sweaty BettyWolverine World Wide$416M2.1x18.1xStrategic
Dec 2020Stone Island (Sportswear Company S.p.A.)Moncler$1.4B4.7x16.6xStrategic
Oct 2020Tiffany & Co.LVMH$16.6B3.8x16.6xStrategic
Sep 2020BOA Technology Inc.Compass Diversified$454M4.5x15.1xStrategic
Oct 2019Rip Curl Group Pty LimitedKathmandu Holdings Limited$235M-7.3xStrategic
Mean2.7x11.3x
Median2.4x9.0x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionSKX FOGreenhill2025$1.2B0.6x11.1x--Open
-fairness opinionSKX FOGreenhill2025--11.1x--Open
-press releasePress Release-2024$1.2B0.6x--excludes $300m earnoutOpen