North America and Asia-Pacific YoY increase, with private equity deals surging

Apparel industry deals, as captured by GlobalData’s Apparel Intelligence Centre, show a mixed picture, with soaring year-on-year (YoY) growth in value in North America and Middle East & Africa, but declines in Europe and South & Central America.

Asia-Pacific is the only region to see an uptick in both deals value and volume – with gains of 4% and 11% respectively. North America has seen a 112% jump in deal value, but volume slipped 14% YoY. Likewise, the value of deals in the Middle East & Africa has jumped 373%, with volume down 15%.

The value of deals recorded by GlobalData in Europe fell 22% YOY, but rose 3% in volume. South & Central America booked a 90% drop in deals value, while volumes declined 20%.

A breakdown of deals by type and volume shows mixed trends, with acquisitions down 80% YoY, venture financing down -26%, and equity offerings up 31%. However, private equity deals have jumped 350%, debt offering deals are up 71%, asset transactions are up 45% but mergers have fallen by 100% YoY.

Note: All numbers as of 2 March 2021. Deals captured by GlobalData cover M&As, strategic alliances, various types of financing and contract service agreements.

For more insight and data, visit GlobalData's Apparel Intelligence Centre.

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