Announced
Financials
Sources
Tags
Apparel Retailers
Private
Domestic
Pending
United States
intellectual property
Acquisition
Joint Venture
Majority
Friendly
Synopsis
Express, a fashion apparel retailer, and WHP Global, a global brand management firm, agreed to form a joint venture in a $400m deal. "The global growth potential of the Express brand and the EXPR omnichannel platform will give our company a distinct competitive edge as we look to acquire more consumer brands. We are excited to partner with Tim and his management team and view this partnership as a huge win for both of our companies," Yehuda Shmidman, WHP Global Chairman and CEO.
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