M&A Year in Review 2023 brochure - Flipbook - Page 14
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Consumer
Sector performance
Driven by macroeconomic factors, geopolitical
challenges, and continued supply chain disruptions,
2023 consumer M&A deal activity failed to bounce
back from its decline in 2022. High inflation and other
cost pressures facing consumer companies also
hindered a more robust recovery.
As dealmakers navigated regulatory hurdles and high
interest rates, the beginnings of a rebound emerged.
Led by established corporates, particularly in the food
and beverage space, along with players in luxury
fashion and pet care, the second half of 2023 provided
glimpses of a more active M&A market.
Hogan Lovells activities
In 2023, our Consumer team supported clients to
achieve significant digital advancements, navigate
ever-evolving regulatory landscapes, and develop
strategies to deliver on ESG goals and commitments.
We helped clients around the globe navigate critical
issues impacting consumer companies, such as
increased regulation of cosmetics and personal care
products, the utilization of NFTs and AI in the luxury
space, and workforce, privacy, and supply chain issues.
We also contributed to the global guidebook Getting
the Deal Through – Luxury and Fashion.
