Zozo to Acquire Lyst in $154M Deal

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Advisors on Deck: Legal and Financial Muscle in Play

The high-stakes deal is being orchestrated by a team of legal and financial heavyweights. Simmons & Simmons LLP, with partner Jason Daniel at the helm, is advising Zozo, while Arrowpoint is steering its financial strategy.

Meanwhile, Lyst is represented by CMS Cameron McKenna Nabarro Olswang LLP, under the guidance of partner John Finnemore, with Carlsquare Ltd. providing financial counsel.

Tech Meets Trend: The Strategic Rationale

Zozo described the acquisition as a strategic “new chapter” to accelerate its global growth, placing special emphasis on Lyst’s prowess in SEO and AI-powered personalization — two elements increasingly central to modern e-commerce dominance.

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“This deal isn’t just about buying into fashion; it’s about buying into data-driven desire,” the Tokyo-area company said in a statement that suggests Zozo’s ambitions go far beyond digital window shopping.

The company did not respond immediately to requests for further comment.