King & Wood Mallesons (KWM) has advised the Young Fashion Group and its management on the acquisition of Framode GmbH (Germany), Dimodes S.A. (Spain), and Bianca S.A. (Portugal) as well as the parallel establishment of a master franchising relationship for the Pimkie brand in the German, Spanish and Portuguese markets.
Pimkie is a fashion brand for young women’s wear of the French Diramode SAS, which forms part of the French Mulliez Group.
The Young Fashion Group was formed by managers who are already associated with the Pimkie brand. Under the new management, Pimkie will remain active in the German, Spanish and Portuguese markets. In the Czech Republic and Austria, the Young Fashion Group will also manage online sales.
Advisors to Young Fashion Group:
KWM Frankfurt: Dr. Peter Polke (Corporate), Markus Hill, Viktoria Rosbach (Tax), Martin Gliewe (Employment)
KWM Madrid: Laura Moreira, Roberto Pomares (Corporate), Fernando Jimenez, Oscar Fuertes, Alberto Ruano (Tax)
The KWM team has been supported by the Portuguese law firm Morais Leitão, Galvão Teles, Soares da Silva & Associados.