Brand Management Platform WHP Global Launches with $200M; Acquires Anne Klein
Summary
An iconic legacy women’s fashion brand founded in 1968, Anne Klein serves women around the world with classic American style. The brand currently generates over $700 million in global retail sales with product distributed by partners including Steve Madden for footwear and handbags, Kasper Group for sportswear, and E. Gluck for watches. As part of WHP, Anne Klein will continue to focus on driving growth with key retailers in the US, including Macy’s, as well as identifying new categories and expanding globally. WHP plans to invest in marketing, social media and digital commerce to drive increased brand engagement. He is the founder of Wave Hill Partners, a corporate business development advisory firm, and currently serves as Vice Chairman for the parent company of Toys”R”Us.