Thomson Geer has advised Australian fashion retailer, City Chic Collective on its acquisition of Germany-based eCommerce retailer Navabi.
City Chic Collective has acquired 100% of shares in JPC United, the previous owner of Navabi for €6.0m (A$9.6m).
The acquisition of Navabi represents City Chic Collective’s first foray into continental Europe and the European plus-size women’s fashion market, an area which is of strategic significance for City Chic Collective in its drive to achieve its vision.
Established in 2009, Navabi is an online marketplace selling third-party women’s plus-sized brands as well as their own exclusive brands, which have been the source of majority of Navabi’s sales and growth in recent years.
City Chic Collective is a multi-channel retailer with a customer-led offer that appeals to fashion-forward women.
The Thomson Geer team was led by partner David Schiavello (Picture), with assistance from associate Taylor Kayes.
Law Firms: Thomson Geer ;
Clients: City Chic Collective;