WHP Global to acquire Anne Klein from Premier Brands Group.

WHP Global, an investment company, has agreed to acquire Anne Klein, a global fashion brand from Premier Brands Group, clothes designer. Financial terms were not disclosed. As part of WHP, Anne Klein will sharpen its focus on driving growth with key retailers in the US, including Macy’s, as well as identifying new categories and expanding globally. WHP plans to invest significantly in marketing, social media and digital commerce to drive increased brand engagement. “With its extensive heritage and strong sales base, Anne Klein is the perfect brand to kick off the WHP portfolio. We believe there is ample opportunity for even further growth and look forward to supporting this iconic brand’s next chapter.” Ted Crockin, Vice President at Oaktree and member of the WHP Board of Directors.