WHP Global Completes Acquisition of Vera Wang BrandWHP Global Completes Acquisition of Vera Wang Brand

The fashion designer will become a shareholder of WHP Global.

License Global

January 20, 2025

1 Min Read
Vera Wang SS24 Collection.
SS24 CollectionVera Wang

WHP Global, a leading brand management firm, announced today an agreement to acquire the IP of the Vera Wang fashion brand.  

As part of the transaction, Vera Wang will continue in her role as founder and chief creative officer and will join WHP Global as a shareholder, continuing to shape the brand's creative direction and future growth. 

"I am so excited to announce this new partnership with WHP Global as we embark on an incredible new chapter for the Vera Want brand, which I began over 30 years ago," says Wang. "WHP Global's forward-thinking approach perfectly aligns with my vision for the future. Together, we will push boundaries, exploring bold opportunities to expand into new categories and markets, all while staying true to the legacy of timeless sophistication and the distinctive style that defines Vera Wang." 

"Vera Wang is a legend," says Yehuda Shmidman, chairman and chief executive officer, WHP Global. "Her name is synonymous with modernity, artistry and impeccable style. We are honored to partner with Vera Wang and look forward to building on the brand's remarkable legacy with new business opportunities around the world." 

The acquisition represents a pivotal moment for WHP Global, as it anchors a new premium fashion vertical together with rag & bone, Joe's Jeans and G-STAR. WHP Global's total portfolio generates over $7 Billion in global retail sales annually across fashion, sports and hard goods.  

Related:The Gen Z Fashion Report

License Global first reported on the acquisition in Dec. 2024.  

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License Global

License Global

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