By  on February 4, 2008

The Camuto Group clearly is interested in contemporary fashion as it has just made its second acquisition in the category.

This time, Camuto has acquired a 50 percent stake in Sanctuary Clothing, the North Hollywood, Calif.-based contemporary sportswear firm that launched in 1997. The partnership is with the brand's founders, Ken and Deb Polanco. Financial terms of the transaction weren't disclosed.

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