By  on December 3, 2007

VCS Group, a wholly owned subsidiary of the Camuto Group, has acquired a majority stake in Development Clothing LLC, a contemporary apparel brand designed by Erica Davies, who will stay on as creative director.

A minority stake in the firm remains in the hands of Development's founding partners, Andrew Crane and Stuart Gaddis, and Davies, who has been designing the line since early last year.

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