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Vera Wang Brand Acquired by Fashion Holding Company WHP Global

The designer will continue to serve as founder and chief creative officer.
Vera Wang bridal wear Spring 2015.
Vera Wang bridal wear spring 2015. (Vera Wang)
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WHP Global has acquired the intellectual property of Vera Wang, the fashion operating and licensing company announced Monday. WHP also owns Bonobos, Rag & Bone and Anne Klein.

Financial terms were not disclosed. As part of the deal, Vera Wang will continue to serve as founder and chief creative officer of the brand, and joins WHP Global as a shareholder.

The label generates over $700 million in annual sales across ready-to-wear, bridal, jewellery, home and other categories. In a statement, the designer said she anticipate entering new categories and markets under WHP.

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About the author
Cathaleen Chen
Cathaleen Chen

Cathaleen Chen is Retail Editor at The Business of Fashion. She is based in New York and drives BoF’s coverage of the retail and direct-to-consumer sectors.

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