WHP Global Acquires 70% Stake in Isaac Mizrahi from Xcel Brands

WHP Global Acquires VERA WANG Brand IP

January 16, 2025

Consumer Products

WHP Global has completed the acquisition of the intellectual property of the Vera Wang fashion brand. Designer Vera Wang will remain Founder & Chief Creative Officer and will be a shareholder in WHP Global as the firm looks to grow the brand through its global distribution, e-commerce and licensing capabilities.

WHP Global and Express Acquire Bonobos from Walmart

April 13, 2023

Retail

WHP Global and Express, Inc. jointly acquired Bonobos, Inc. from Walmart Inc. under a $75 million transaction in which WHP purchased the Bonobos brand and EXPR acquired the operating assets and assumed related liabilities. WHP will license the brand to EXPR under a long-term exclusive agreement; Bonobos will remain headquartered in New York and operate its eCommerce, Guideshop and wholesale channels under the new ownership.

Ares Management Invests $375M in WHP Global

March 8, 2023

Consumer Products

Funds managed by Ares Management's Private Equity Group invested $375 million in WHP Global at a $1.6 billion valuation to provide growth capital for the company's next phase of brand acquisitions. As part of the transaction, Ares partners Jordan Smith and Aaron Rosen will join WHP Global's board to support the company's M&A-driven expansion.

Guess?, Inc. and WHP Global Acquire rag & bone

February 16, 2024

Consumer Products

Guess?, Inc. and WHP Global have completed the acquisition of New York–based fashion brand rag & bone. Guess? acquired all operating assets (and, together with WHP Global, will jointly own rag & bone's intellectual property); Guess? contributed approximately $57.1 million at close (earlier terms disclosed a $56.5 million contribution plus up to $12.8 million potential earnout). rag & bone will remain based in New York and will leverage Guess?'s global distribution and WHP's brand-management capabilities to pursue growth.

P180 Acquires Majority Stake in Vince Holding Corp.

January 22, 2025

Retail

P180, a venture co-founded by Christine Hunsicker and Brendan Hoffman, acquired a majority (approximately 65%) stake in Vince Holding Corp. from affiliates of Sun Capital Partners. The transaction includes debt-restructuring actions (a $15M ABL-funded paydown and P180 assumption/forgiveness of $7M of subordinated loans), and Brendan Hoffman is expected to become CEO as P180 deploys digital and inventory-monetization capabilities to improve profitability.

Saks Global (HBC) Acquires Neiman Marcus Group for ~$2.65 Billion

July 4, 2024

Retail

Hudson's Bay Company (HBC) — through its newly created Saks Global business — has agreed to acquire Neiman Marcus Group (NMG) to form a multi-brand luxury retail and real estate platform. The combined company will pair iconic retail brands (Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH) with technology, first-party data and strategic investors (including Amazon, Rhône Capital, Insight Partners and Salesforce) to drive personalized omnichannel experiences and unlock real estate value.