LPA-CGR (Hong Kong) advised Naga on the acquisition of California-based 360Sweater Co.

12 July 2022

LPA-CGR (Hong Kong) advised Naga Group on its acquisition of 360Sweater Co., a California-based company that owns the knitwear brands Naked Cashmere and 360Cashmere.

Naga Group is an investment holding company based in Hong Kong, specialising in the development of luxury and lifestyle brands. Prior to its investment in 360Sweater Co., Naga acquired the German fine jewelry brand Tamara Comolli and the French cosmetics brand Talika.

Naga made the investment alongside BlueSentinel, an advisory and private equity fund management group with offices in New York, Milan, Luxembourg and Hong Kong.

LPA-CGR’s team was composed of Nicolas Vanderchmitt (partner and head of LPA-CGR Hong Kong office) and Erik Leyssens (Of Counsel). LPA-CGR advised Naga on all the legal and contractual aspects of the transaction.