WKB Wiercinski, Kwiecinski, Baehr, working with lead counsel Morgan, Lewis & Bockius, has assisted ShopRunner, Inc. with its acquisition of both the enterprise of Spring NYC, Inc., and that of its Polish subsidiary, Spring Poland Sp. z o.o.. Cooley was global counsel to the sellers, with Kubas Kos Galkowski advising with regard to the Polish aspects of the transaction.
According to WKB, "ShopRunner is an online shopping subscription service, which provides free two-day shipping to its members for purchases from such major eCommerce retailers as Bloomingdale’s and Cole Haan. ShopRunner’s customers spend over USD 2 billion each year on purchases from the sites of the company’s partnered retailers."
"Spring’s mobile-first online store offers the largest digital catalogue of mainstream fashion, beauty, lifestyle, and home brands and allows for purchases in a unified cart experience," WKB reports. "A high-low mix of over 2,000 brands delivers a wide range of styles, sizes, and shapes across numerous luxury labels, emerging designers, established retailers, and fast-fashion – all through a highly personalized experience. The primary activity of Spring Poland Sp. z o.o., the Spring NYC subsidiary which was acquired, was the provision of information technology services to Spring NYC."
WKB advised the client with regards to Polish law aspects of the transaction and provided general transactional support, including participating in the due diligence and negotiation processes. The firm's team was led by Partner Jakub Jedrzejak and included Partner Ben Davey and Senior Associate Adrian Michalak.
The Kubas Kos Galkowski team was led by Partner Pawel Sikora.
The Cooley team was led by Boston-based Partner Daniel Wilcox and Associate Giselle Rivers.