WHP Global is an American brand management firm active in the retail industry. Its brands include: Toys "Я" Us, Babies "Я" Us, Lotto, Vera Wang, rag & bone, G-Star, Joe's Jeans, Marc Jacobs,[1] Express, Bonobos, Anne Klein, Joseph Abboud, Isaac Mizrahi, and Warners,[2] earning over $7 billion in annual retail sales. Yehuda Shmidman is the founder, and CEO.[3]
History
editIn March 2020, WHP Global acquired the trademarks to the Joseph Abboud brand from Tailored Brands. In turn, Tailored Brands entered into a licensing agreement with WHP Global for the continuing rights to sell and rent Joseph Abboud apparel and selected accessories in the U.S. and Canada.[4]
In August 2021, WHP Global announced that Toys "Я" Us would open 400+ stores within Macy's starting in 2022.[5]
In April 2023, Express and WHP Global agreed to acquire Bonobos from Walmart for $75 million.[6] The deal was completed on May 25, 2023.[7]
In April 2024, WHP Global completed the acquisition of rag & bone.[8] The same month, WHP Global also sought to acquire Guess?, Inc. but the offer was declined.[9]i
In December 2024, WHP Global acquired Vera Wang’s namesake brand.[10][11]
References
edit- ↑ WILLIAMS, ROBERT (14 May 2026). "LVMH Sells Marc Jacobs to WHP Global". Business of Fashion.
- ↑ Brands WHP Global
- ↑ Team Official site
- ↑ MacMedan, Julie (March 5, 2020)."Tailored Brands Closes the Sale of the Joseph Abboud Trademarks to WHP Global for $115 Million".Business Wire
- ↑ Thomas, Lauren (2021-08-19). "Toys R Us is coming to more than 400 Macy's stores next year". CNBC. Archived from the original on November 9, 2021. Retrieved 2021-08-20.
- ↑ Fonrouge, Gabrielle (13 April 2023). "Walmart sells Bonobos to WHP Global and Express in $75 million deal". CNBC. Retrieved 2023-04-14.
- ↑ Delesline, Nate III (May 24, 2023). "Express closes on Bonobos acquisition as sales fall 15%". Retail Dive. Retrieved September 17, 2023.
- ↑ "Guess?, Inc. and WHP Global Complete the Acquisition of rag & bone: Guess?, Inc. Announces $50 Million Expansion of its Existing Asset-Based Revolving Credit Facility". Business Wire (Press release). Retrieved April 5, 2024.
- ↑ "Guess to go private in $1.4 billion deal with Authentic Brands, co-founders and CEO". Reuters. 2025-08-20. Retrieved 2025-08-21.
- ↑ Milnes, Hilary (2024-12-16). "Vera Wang on why she's selling her brand after 35 years". Vogue. Retrieved 2026-02-25.
- ↑ "Vera Wang sells namesake brand to WHP Global | Fashion Dive". www.fashiondive.com. Retrieved 2026-02-25.