By  on July 17, 2019

WHP Global launched a brand management platform today led by chairman and chief executive officer Yehuda R. Shmidman and backed by a $200 million equity commitment from funds managed by Oaktree Capital Management.

The company’s first acquisition is Anne Klein, the global fashion brand, which it bought from Premier Brands Group for an undisclosed sum. Anne Klein generates more than $700 million in global retail sales with products distributed by Steve Madden for footwear and handbags; Kasper Group for women’s sportswear; The Jewelry Group for jewelry, and E. Gluck for watches.

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