Another Big Acquisition in Fashion

NORTH AMERICA–Canadian shoe company Aldo has acquired the footwear and accessories business of The Camuto Group, according to the New York Times.

April 6, 2018

Another Big Acquisition in Fashion

Spat of consolidation continues with news from Aldo and The Camuto Group.

NORTH AMERICA–Canadian shoe company Aldo has acquired the footwear and accessories business of The Camuto Group, according to the

New York Times

.

The Camuto Group was founded by the late Vince Camuto, who also founded Nine West, has a vast licensing business that also encompasses brands such as Jessica Simpson, Tory Burch and Lucky Brand.

For a deeper look at The Camuto Group check out our feature story on the company here.

The deal follows on the heels of several other major mergers in the fashion space including Michael Kors’ recent

acquisition of Jimmy Choo

and Coach’s

purchase of Kate Spade

in May.

For more on the recent spat of mergers and acquistions check out this month’s TrendWatch column,

“Everybody is Buying Everybody.”

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