WHP Global news and archive

WHP Global and Tailored Brands renew licensing partnership for Joseph Abboud

WHP Global and menswear retailer Tailored Brands have extended their licensing partnership for the Joseph Abboud brand. Under the extended long-term agreement, the company said in a release, Tailored Brands will continue to design, manufacture, market, and sell Joseph Abboud branded tailored clothing and sportswear in the United States and...

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WHP-led consortium initiates sales deal with Express

Express, Inc. announced that announced that it has received a non-binding letter of intent from a consortium led by WHP Global, a wholly owned subsidiary of Simon Property Group and Brookfield Properties for the potential purchase of the company’s retail stores and operations. Express also announced that it has named Mark Still as senior vice...

Business

Agilitas to design and distribute Lotto products in India, Australia and South Africa

WHP Global has announced a new long-term licence for Lotto with Agilitas Sports. Through this licence, WHP said in a release, Agilitas will have the exclusive rights to design, manufacture, promote, and distribute the Lotto brand in India, Australia, and soon in South Africa. Commenting on the development, Stanley Silverstein, chief commercial...

Business

Guess? and WHP Global closes acqcuisition of Rag & Bone

Guess?, Inc. (GES) and global brand management firm WHP Global announced Wednesday that they have completed the previously announced acquisition of New York based fashion brand rag & bone. Under the terms of the transaction, Guess? has contributed 57.1 million dollars towards the purchase of rag & bone, in addition to contributions from WHP...

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Guess and WHP team up to acquire Rag & Bone

American label Guess and brand management firm WHP Global have come together on a definitive agreement to acquire New York fashion brand Rag & Bone. As part of the agreement, Guess, which will contribute 56.5 million dollars, will acquire the Rag & Bone operating assets, while both Guess and WHP will jointly and equally own the brand’s...

Business

WHP secures deal to expand Lotto in Germany and Poland

Brand management firm WHP Global has announced that it has signed a long-term licence agreement with Schmidt Group subsidiary Fashioncenter GMBH for the sportswear brand Lotto. The deal continues Fashioncenter and WHP’s ongoing relationship, previously established for the licensing of Kappa 25 years ago. Through the latest agreement,...

Business

WHP Global finalizes acquisition of G-Star Raw

Global brand management group WHP Global has announced the finalization of its acquisition of Dutch denim brand G-Star Raw. Current G-Star shareholders, including the brand's founder Jos van Tilburg, are set to retain a minority stake in the brand. In addition, the current G-Star Raw leadership team, overseen by CEO Rob Schilder, is set to...

Business

WHP Global details plans for expanded Express partnership

Brand management firm WHP Global has announced further details of its expanded relationship with Express, a brand the company recently signed a long-term licensing deal with in order to bring it to new markets. The duo first struck up their strategic partnership in January 2023, when they set about on an intellectual property joint venture that...

Business

WHP Global: this is what we know about the new owner of G-Star Raw

Dutch denim brand G-Star Raw has sold a majority stake to US company WHP Global. Its current shareholders, including founder Jos van Tilburg, will retain a stake in the brand. But what do we already know about the new major shareholder, WHP Global? WHP Global is an American investment company and was founded in 2019 by Yehuda Shmidman. Its first...

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WHP Global snaps up majority interest in G-Star Raw

Global brand management group WHP Global has announced that it has acquired a majority interest in denim label G-Star Raw as the brand sets its sights on further global growth and expansion. While the terms of the agreement were not disclosed, it was noted that existing G-Star shareholders, including founder Jos van Tilburg, will continue to...

Business

Bonobos founder to join WHP Global in advisory role

Andy Dunn, the founder of Bonobos, is set to join WHP Global in an advisory role after the brand management firm acquired the menswear fashion brand. Dunn co-founded Bonobos in 2007 and continued to serve as founding CEO over its first 10 years. His appointment at WHP Global closely follows the group’s joint acquisition of Bonobos alongside...

Business

WHP Global closes Bonobos acquisition, EXPR to operate US business

WHP Global has announced the closing of a joint acquisition of the Bonobos brand in a strategic partnership with Express, Inc (EXPR). As part of the transaction, WHP and EXPR have agreed that the latter will gain the right to use the intellectual property for the operation of Bonobos’ US business in a long-term licensing agreement. In a release,...