Deal Snapshot
DSW TO ACQUIRE FOOTWEAR AND ACCESSORIES DESIGNER CAMUTO IN USD 375M DEAL
Thursday 11 October 2018

US-based footwear and accessories retailer DSW Inc. (NYSE: DSW) has entered into a definitive agreement to acquire the operations of product design and brand development organisation Camuto Group, the company said.
Camuto Group is best known for the successful Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. Additionally, DSW Inc. and Authentic Brands Group LLC, a global brand development, marketing and entertainment company, have entered into a definitive agreement to acquire several intellectual property rights from the Camuto Group under a new partnership.


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Details
Date Published: 11/10/2018
Target: Camuto Group
Country: USA
Deal Size: 375m (USD)
Sector: Clothing/Textiles
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor:
Buyer: DSW Inc
Buyer Advisor: Goldman Sachs and Co , Wachtell, Lipton, Rosen and Katz , Paul Weiss, Rifkind, Wharton and Garrison
Comment:
DSW and Authentic Brands Group have entered into a definitive agreement to acquire several intellectual property rights from the Camuto Group under a new partnership

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