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WHP World Completes Acquisition of VERA WANG’s Iconic Model




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WHP World, a number one model administration agency primarily based in New York, has introduced the profitable acquisition of the mental property (IP) of the long-lasting VERA WANG style model. This milestone follows the firm’s announcement final December relating to its settlement to accumulate the model’s IP.

As a part of the transaction, Vera Wang will proceed in her function as Founder & Chief Inventive Officer, guaranteeing her artistic imaginative and prescient stays central to the model’s future. Moreover, Wang will preserve her place as a shareholder in WHP World, highlighting her ongoing dedication to the model’s development and evolution.

Vera Wang Campaign 2024. Image source: VERA WANG
Vera Wang Marketing campaign 2024 Picture supply VERA WANG

WHP World’s portfolio options greater than 14 outstanding shopper manufacturers, collectively driving over $7 billion in annual international retail gross sales. Spanning a variety of sectors—together with style, sports activities, and onerous items—this numerous portfolio solidifies WHP World’s place as a frontrunner within the model administration trade.

The acquisition marks a transformative second for WHP World, establishing a brand new premium style vertical alongside different famend names similar to rag & bone, Joe’s Denims, and G-STAR.

The transaction is topic to customary closing situations and is predicted to shut in January 2025. Monetary phrases of the transaction weren’t disclosed. Solomon Companions, L.P. acted as monetary advisor to Vera Wang.

Legacy and Development: The Subsequent Period of the VERA WANG Model

WHP Global VERA WANG
Picture supply VERA WANGWHP World

Based in 1990, VERA WANG is a worldwide chief within the style trade and a defining authority in bridal. Vera Wang started her style profession as an editor at American VOGUE and, after twenty years, went on to grow to be a design director at Ralph Lauren. At present, her eponymous model generates over $700 million in annual retail gross sales throughout classes together with girls’s attire, bridal, males’s tuxedos and suiting, tremendous jewelry, perfume, and residential.

VERA WANG’s designs have adorned a few of the world’s most iconic names, together with Ariana Grande, Beyoncé, Hailey Bieber, Kim Kardashian, and Zendaya, solidifying its standing as a worldwide luxurious powerhouse.

Image source: VERA WANG
VERA WANG is a worldwide chief within the style trade and a defining authority in bridal Picture supply VERA WANG

In an announcement, Vera Wang expressed her enthusiasm for the partnership, calling it a big milestone within the evolution of the VERA WANG model. “I’m so excited to announce this new partnership with WHP World as we embark on an unimaginable new chapter for the VERA WANG model, which I started over 30 years in the past,” she mentioned.

Wang praised WHP World’s modern method, stating, “WHP World’s forward-thinking method completely aligns with my imaginative and prescient for the long run. Collectively, we are going to push boundaries, exploring daring alternatives to broaden into new classes and markets, all whereas staying true to the legacy of timeless sophistication and the distinctive model that defines VERA WANG.”

This partnership goals additional to cement the model’s affect within the style trade and open the door to growth into untapped markets and product classes.

WHP World’s Increasing Portfolio

WHP Global
Picture supply WHP World

WHP World is a number one New York-based agency that acquires international shopper manufacturers and invests in high-growth distribution channels, together with digital commerce platforms and worldwide growth. WHP World owns a portfolio of shopper manufacturers that collectively generate over $7 billion in international retail gross sales. The corporate additionally owns WHP+, a turnkey direct-to-consumer digital e-commerce platform, and WHP SOLUTIONS, an Asian sourcing company.

Yehuda Shmidman, Chairman & CEO of WHP World, talked about, “Vera Wang is a legend. Her identify is synonymous with modernity, artistry and impeccable model. We’re honoured to accomplice with Vera Wang and look ahead to constructing on the model’s outstanding legacy with new enterprise alternatives all over the world.”.

This acquisition marks a big milestone for each WHP World and the VERA WANG model. By combining WHP World’s trade experience with Vera Wang’s unparalleled artistic imaginative and prescient, the partnership is poised to raise the model’s international presence and broaden its affect within the style world. Collectively, they purpose to proceed delivering modern designs that encourage customers worldwide.


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