Nine West Holdings news and archive

Nine West Holdings emerges from Chapter 11, reveals new name

Nine West Holdings has emerged from Chapter 11 bankruptcy under the majority equity ownership of CVC Credit Partners and Brigade Capital, and has been renamed Premier Brands Group Holdings LLC. The US footwear and apparel company, which filed for bankruptcy in April 2018, said in a press release on Thursday that it has over 100 million dollars...

Business

Nine West Holdings files amended bankruptcy plan

Nine West Holdings Inc, which recently got rid of its footwear brands to focus on jewelry and accessories, has filed an amended Chapter 11 bankruptcy plan of reorganization, which will reduce its pre-bankruptcy debt obligations by over 1 billion US dollars. “Following the successful sale of our Nine West and Bandolino footwear and handbag...

Management |ANALYSIS Featured

Post-bankruptcy Nine West won’t sell shoes

Nine West Holdings will divest from its footwear business – the brand’s best known range- after filing for bankruptcy. The New York-based company said it would focus instead on its jewelry and clothing lines, which include Anne Klein, Kasper Group, and One Jeanswear Group. “This is a brand that has really struggled to differentiate itself,” said...

Business

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....