The trend: From luxury fashion to outdoor gear, a flurry of mergers and acquisitions is underway in retail as companies streamline their portfolios and expand into adjacent segments.

Tapestry struck a deal to sell its Stuart Weitzman brand to footwear conglomerate Caleres, parent of Allen Edmonds, Sam Edelman, and Vince, per The Wall Street Journal.
Capri is gearing up to offload Versace, with Prada weighing a possible bid, per Bloomberg. It is also reportedly exploring a sale of Jimmy Choo, according to WWD.

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Retail M&A gains momentum that’s likely to continue throughout this year

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