Sycamore Partners news and archive

Nine West to acquire Kasper Group

Nine West Holdings has entered into a definitive agreement to acquire the Kasper Group as it looks to expand its brand portfolio, which already includes Nine West, Anne Klein and Gloria Vanderbilt. The company revealed that it used the net proceeds from the December 2016 sale of its Easy Spirit wholesale business to purchase the Kasper Group....

Featured

Management|UPDATE

Cinven confirms Kurt Geiger takeover

European private equity firm Cinven has confirmed previous rumours that it is set to acquire leading UK footwear and accessories retailer from Sycamore Partners early Monday morning. "We are delighted to be welcoming Cinven as our partners as they share our long term vision for the business,"said Neil Clifford, Chief Executive at Kurt Geiger....

Featured

Business

Jones New York to close this year

Sycamore Partners, the private equity firm that acquired the Jones Group for 2.2 billion dollars, including debt last year, has announced that it is shutting down the Jones New York brand as it pursues “strategic alternatives”. The company stated that it plans to discontinue the Jones New York brand with the closure of the line’s wholesale...

Featured

Business

Coach to acquire Stuart Weitzman

Handbags and accessories retailer Coach, agreed Tuesday to acquire women's luxury footwear company Stuart Weitzman from its private-equity owner Sycamore Partners for a total consideration of 574 million dollars (377.92 million pounds), which includes 44 million dollars in (28.9 million pounds) contingent payments. The deal is anticipated to...