77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
BEIERSDORF
Junior Pos Materials & Execution Specialist (Temp Position)
Fixed-term · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALLITHEA
Published
Nov 7, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

DSW and Authentic Brands close purchase of Camuto Group

Published
Nov 7, 2018

DSW and Authentic Brands Group have acquired the operations of Camuto Group for a combined sum of roughly $341 million, securing the Vince Camuto brand and footwear licenses for Jessica Simpson and Lucky Brand.


The partnershipwill license Camuto Group's footwear, handbags and jewelry categories to DSW, and lend new product categories to outside parties. - Via Vince Camuto


As part of the acquisition, DSW will acquire Camuto Group's entire global production, sourcing and design infrastructure, including operations in Brazil and China, and a distribution center in New Jersey, as well as the group's working capital of branded inventory and accounts receivable.

In addition, the footwear retailer and Authentic Brands Group have acquired intellectual property rights from several Comuto Group brands, including Vince Camuto, Louise et Cie, Sole Society, CC Corso Como and Enzo Angiolini. DSW will hold 40 percent ownership interest, with ABG owning the remaining 60. 

Managed by ABG, the property rights partnership will license the newly acquired brands' footwear, handbags and jewelry categories to DSW, and lend new product categories to outside parties in the interest of boosting the brands' lifestyle offerings.

Through this partnership, DSW will also earn licensing royalties from third parties and have access to ABG's brand portfolio, opening the footwear retailer up to future collaborations and greater wholesale opportunities.  

​"To ensure the health of our business for years to come, we needed to think in the long-term and set a course for greater market share by owning a design and sourcing infrastructure to gain greater control of our product assortment," said Roger Rawlins, chief executive officer of DSW Inc. "This acquisition allows us to capture more footwear transactions in new points of sale including at our own industry-leading DSW retail network and now in wholesale, brand-owned direct-to-consumer, as well as in licensing and international franchising."

DSW plans to transition its brand portfolio to the Camuto platform by fiscal 2020, allowing the footwear retailer to grow its brand business to a predicted $1 billion in annual retail sales. 

Copyright © 2024 FashionNetwork.com All rights reserved.