Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to United Arrows in the sale of the shares of FIGO to Union Gate Group.
United Arrows operates multi-brand shops that market a broad mix of designer brand products, private label brand men’s and women’s clothing and accessories, and miscellaneous items that have been sourced in Japan and overseas in keeping with distinctive sensibility.
Figo co., ltd. became part of the United Arrows Group in November 2005. Figo has exclusive distribution rights in Japan for the Italian bag and accessories brand Felisi. The products are sold through 11 directly operated stores (as of March 31, 2012) as well as online and on a wholesale basis to specialty and department stores.
Union Gate Group was founded in 1992 and has repeated innovative group reorganization. It is a brand collection that shares a common philosophy that transcends fashion and strong ideas for manufacturing, and sticks to their authenticity.
The transaction closed in April 2021
Third-party allocation of preferred shares in
a capital and business alliance agreement with