Fenwick & West represented Farfetch Limited (NYSE: FTCH), the leading global technology platform for the luxury fashion industry, in its agreement to acquire Stadium Goods, a premier sneaker and streetwear marketplace, for $250 million.
The acquisition enables Farfetch to expand its offering in the premier sneaker and streetwear category, which is a part of the fast-growing premium sportswear market. Following the acquisition, Stadium Goods will continue to operate as a standalone brand and will benefit from Farfetch’s technology, logistics, supply, brand and marketing. More information about Farfetch’s $250 million acquisition of Stadium Goods can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Ken Myers, Jonathan Sagot, Jonathan Allan and Mitchell Duncombe; securities lawyers Jamie Evans and Annie Omata; executive compensation and employee benefits lawyers Matt Cantor and Sarah Ghulamhussain; technology transactions lawyers Stephen Gillespie, Vejay Lalla, Vanessa Katz, Karen Graefin vom Hagen, Shitel Chanana and Gina Damiano; and tax lawyers Will Skinner and Kristofer Hatch.