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  • Designer Brands acquires Keds brand from Wolverine Worldwide

    1 month ago - By Fashion United

    Image: Keds, Facebook
    Designer Brands Inc. has completed the acquisition of Keds from Wolverine Worldwide.
    "Our growing strength in owned Brands is evident, given that just twelve months ago, the athleisure category was a massive white space opportunity for us, and we now control high-quality brands across multiple price points," said Doug Howe, incoming chief executive officer and President of DSW.
    Designer Brands acquires Keds
    The announced transaction includes all Keds' products, including Pro-Keds, as well as the brand's large ecommerce business. This expands Designer Brands' owned...
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  • Next taps new executive director

    1 month ago - By Fashion United

    Image: Next
    High street retailer Next has named Jeremy Stakol as a new executive director, effective April 3.
    He will take on the role of group investments, acquisitions, and third-party brands director.
    Stakol was appointed as managing director of fashion and cosmetic retailer Lipsy in 2004, and following its acquisition in 2008 held the same position at parent Next.
    In his new position, Stakol will oversee investments and acquisitions in third-party brands.
    His responsibilities also include the promotion of Total Platform to potential new clients; the sale of all third-party fashion...
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  • Frasers Group completes acquisition of five JD Sports brands

    1 month ago - By Fashion United

    Image: Frasers Group
    British fashion giant Frasers Group has completed its acquisition of five brands from rival JD Sports.
    The group, whose fast-growing portfolio includes Sports Direct, House of Fraser, and Jack Wills, announced in December it had reached an agreement to buy 15 brands from JD in a deal worth 47.5 million pounds.
    On Wednesday, Frasers Group confirmed it had completed the acquisition of five of the remaining seven brands: Cricket, Tessuti, Scotts, Giulio, and Choice.
    It also added that its planned acquisition of JD's Rascal Clothing brand will no longer go ahead.
    JD said...
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