Kohl’s, in what’s described as a “strategic partnership” with Authentic Brands Group, will next year carry Nine West footwear, handbags and outerwear, as well as a new women’s apparel collection.
Kohl’s said the partnership with ABG “elevates Kohl’s offerings for women and Millennial customers.”
“We’re excited to bring Nine West, a brand synonymous with fashion and sophistication, to Kohl’s customers nationwide,” said Doug Howe, Kohl’s chief merchandising officer. “We admire the role Nine West has played in shaping the footwear industry and its success in becoming one of the most recognized and desired brands among female consumers, particularly Millennial customers.”
Added Nick Woodhouse, president and chief merchandising officer ABG: “Nine West strives to offer women a head-to-toe wardrobe that makes a statement about who she is and what she aspires to be, and we are confident that Kohl’s is the right destination to deliver on the Nine West brand promise.”
Last month, Nine West Holdings Inc. sold its Nine West and Bandolino footwear and handbag businesses in a court auction to ABG for $340 million. Nine West filed for Chapter 11 bankruptcy court protection in April in a Manhattan bankruptcy court and plans to exit bankruptcy in September.
Kohl’s will start to roll out Nine West shoes, handbags, outerwear and exclusive Nine West apparel in all of its 1,100 stores in July 2019, the company said. The merchandise will also be sold on kohls.com in an expanded assortment from what’s sold in the stores.
Other key exclusives sold at Kohl’s include LC Lauren Conrad, Simply Vera Vera Wang, Apt. 9, Popsugar at Kohl’s, Circus by Sam Edelman, a:Glow maternity, Nike, Under Armour, Adidas, Levi’s and New Balance.
Earlier in the day, Kohl’s, seeing strength across both store and digital channels, reported a 40 percent gain in net income to $292 million for the second quarter compared with $208 million in the year-ago period. Total revenues rose 4 percent during the quarter ended Aug. 4 to $4.57 billion from $4.4 billion a year ago. Comparable sales gained 3.1 percent.