ABG Completes the Acquisition of Nine West and Bandolino
Authentic Brands Group LLC (ABG), owner of a global portfolio of Celebrity & Entertainment and Lifestyle brands, today completed the acquisition of Nine West and Bandolino from Nine West Holdings, Inc. Through this purchase, ABG increases its footwear and accessories business to over $2 billion in global retail sales, further establishing its position as a leader in the fashion footwear space, and bringing its brand portfolio to nearly $8 billion in global retail sales.
“From the moment ABG won the bid for Nine West and Bandolino we received an outpouring of interest from retailers, distributors, and new licensing partners,” said Jamie Salter, Chairman & CEO of ABG. “Now that the acquisition has been formalized, we are kicking the brands’ growth strategies into high gear.”
ABG’s initial focus for Nine West and Bandolino will be on developing near-term and long-term strategies that reinforce the brands’ fashion positioning in key markets around the world. Leveraging its in-house marketing expertise, ABG will enhance the brands’ relevance through refreshed creative, engaging digital campaigns, and key influencer partnerships. ABG will build upon the strength of Nine West and Bandolino to accelerate the ongoing brand expansion into new territories and categories including sportswear, outerwear, swimwear, intimates, fragrance, sleepwear, and home.