WHP Global news and archive

Guess appoints Andrew Rosen as executive chair of Rag & Bone

Guess has announced the appointment of Andrew Rosen as executive chair of the Rag & Bone brand. Guess and global brand management firm WHP Global recently completed the acquisition of New York-based Rag & Bone, which operates as an independent brand within the Guess portfolio. While Guess owns the brand's operating assets, it jointly owns the...

Report

Dray to manufacture and distribute Lotto brand in Brazil

WHP has announced a new long-term licence for Lotto with Dray Indústria e Comércio, a sports footwear and clothing company. As part of the agreement, Dray will have the exclusive rights to develop, manufacture, promote, and distribute the Lotto brand in Brazil. Lotto is distributed in over 100 countries and is currently worn by more than 40...

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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...

ManagementFeatured

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...

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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...

Report

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...

ManagementFeatured

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...

ManagementFeatured

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...