Tombstone

Saxenhammer & Co. advises on the sale of Stylebop to Fashion ID GmbH & Co. KG

Saxenhammer & Co. acted as the exclusive M&A advisor to the seller of Stylebop GmbH in connection with the disposal of its assets and business operations to Fashion ID GmbH & Co. KG, based in Düsseldorf, Germany. The deal was signed on November 14th, 2019.

Stylebop, founded in 2004, is one of the Top-5 e-commerce shops for luxury fashion in Europe, serving both men and women. The company records more than 18 mn site visits annually and has a comprehensive product portfolio consisting of about 130 high-end luxury fashion brands. The company expanded quickly during the early 2000s resulting in a broad customer base in Germany as well as in several international markets. In 2019 the company faced liquidity difficulties which forced Stylebop to apply for insolvency proceedings. Stylebop had 30 employees and generated an annual turnover of 35 mn € in 2018.

Peek & Cloppenburg KG, headquartered in Düsseldorf, is a leading multi-channel fashion retailer with 140 stores in total whereof 65 stores are located in Germany and serves its customers with apparel of different brands in the mid to upper price segment. With its subsidiary Fashion ID, the company also offers an own e-commerce shop. The transaction should strengthen the company’s online presence and further broaden its product portfolio into high-end fashion.

Stylebop

Stylebop

sold to

FASHION•ID by Peek & Cloppenburg

The main Dealmakers

Christian A. | Saxenhammer
Carina | Küffen
"hi"

Berlin

Berlin
Schumannstrasse 18 10117 Berlin Germany

Phone +49 30 7554087-0

E-mail info@saxenhammer-co.com

Frankfurt

asset
Rathenauplatz 1A 60313 Frankfurt am Main Germany

Phone +49 69 2547994-30

E-mail info@saxenhammer-co.com

Munich

munich
Maximilianstrasse 54 80538 Munich Germany

Phone +49 89 4132750-80

E-mail info@saxenhammer-co.com

London

LondonBridgeNew8
Berkeley Square House Berkeley Square London W1J 6BD

Phone +44 77 99927-115

E-mail info@saxenhammer-co.com

Milan

asset
Via Cesare Mangili, 3 20121, Milano Italy

Phone +39 02 3655 9976

E-mail info@saxenhammer-co.com

Please feel free to contact us for any additional information and get in touch with one of our experts.

+49 30 755 40 87-0+49 30 755 40 87-0