Mackage Sold to Interluxe
Mackage Sold to Interluxe
Transaction
Overview
Our Partner firm, The Sage Group, advised Mackage on its sale to Interluxe.
Montreal-based APP Group is the owner of two extremely successful and highly differentiated outwear brands: Mackage and SOIA & KYO. Mackage is one of the most admired luxury contemporary brands in North America, known for its cult-worthy outerwear and meticulously designed accessories. Mackage is distributed in more than twenty counties and sold through the most prominent retailers in North America including Saks Fifth Avenue, Nordstrom, Holt Renfrew, and Aritzia, as well as other global retailers such as Harrods and Luisa Via Roma.
Focused on the mid-level contemporary market and with a belief that beauty is found in simplicity, SOIA & KYO creates masterful outerwear that is luxurious in its materials and has a modern, timeless signature style that speaks for itself. The brand has a strong mid-level positioning with major accounts including Nordstrom, Hudson’s Bay, Macy’s, and Simons.
The APP Group engaged The Sage Group to advise it on strategic alternatives. The transaction closed in February 2017 with APP Group selling a controlling stake to New York-based Lee Equity Partners and its brand platform, InterLuxe, which seeks to partner with rapidly growing fashion and luxury brands.
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