Jacadi Potential Acquisition by Deveaux Family Amid IDKids Receivership
The premium children's fashion brand Jacadi is poised for a potential change in ownership, with the Deveaux family emerging as a likely buyer. The Deveaux family, known for controlling brands such as Armand Thiery and Jacqueline Riu, has notified the Competition Authority of a proposed concentration to acquire Jacadi. Currently, Jacadi belongs to the IDKids group, which entered receivership in February 2026 due to financial difficulties affecting its other brands like Okaïdi and Obaïbi. However, Jacadi was excluded from the receivership proceedings because of its strong financial performance, having recorded a 35% increase in profitability in 2025. This development follows earlier interest from Blue Water Venture Partners, which aimed to expand the brand in the United States. Jacadi operates approximately 300 points of sale globally, primarily through franchises, with a strategic focus on markets in Asia and the Middle East. The Competition Authority is expected to review the proposal and make a final decision in the coming months, determining whether the Deveaux family will lead the brand's future international expansion.
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Jacadi Potential Acquisition by Deveaux Family Amid IDKids Receivership
The premium children's fashion brand Jacadi is poised for a potential change in ownership, with the Deveaux family emerging as a likely buyer. The Deveaux family, known for controlling brands such as Armand Thiery and Jacqueline Riu, has notified the Competition Authority of a proposed concentration to acquire Jacadi. Currently, Jacadi belongs to the IDKids group, which entered receivership in February 2026 due to financial difficulties affecting its other brands like Okaïdi and Obaïbi. However, Jacadi was excluded from the receivership proceedings because of its strong financial performance, having recorded a 35% increase in profitability in 2025. This development follows earlier interest from Blue Water Venture Partners, which aimed to expand the brand in the United States. Jacadi operates approximately 300 points of sale globally, primarily through franchises, with a strategic focus on markets in Asia and the Middle East. The Competition Authority is expected to review the proposal and make a final decision in the coming months, determining whether the Deveaux family will lead the brand's future international expansion.
lefigaro