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New Deal


Announced

Chalhoub Group to acquire a majority stake in Threads Styling.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Private

Friendly

Cross Border

Pending

Majority

United Kingdom

e-shopping

clothing

Clothing and Accessories

Synopsis

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Chalhoub Group, a distributor and retailer of luxury brands and provider of marketing services, agreed to acquire a majority stake in Threads Styling, a digital luxury retailer and personal shopping platform. Financial terms were not disclosed. “We are excited to partner with Chalhoub Group to further strengthen our proposition within the GCC. We have such a loyal customer base in the region and with Chalhoub Group’s presence in the market we have a unique opportunity to enhance our capabilities and continue Threads Styling’s journey alongside a strategic partner," Sophie Hill, Threads Styling Founder and CEO.

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