DSW And Authentic Brands Acquire Camuto Group For $375 Million

DSW and Authentic Brands Group have acquired Camuto Group for approximately $375 million, including the licensing rights for the Jessica Simpson footwear business, as well as the footwear and handbag licenses for Lucky Brand and Max Studio.

As part of the $375 million deal:

  • DSW will contribute approximately $56 million to acquire a 40% stake in the intellectual property (IP) of Camuto Group’s proprietary brands;
  • Authentic Brands will contribute approximately $84 million to acquire a 60% majority stake in the Camuto brand IP;
  • DSW will contribute approximately $200 million to acquire all of Camuto Group’s global production, sourcing and design infrastructure, including operations in Brazil and China, a new distribution center in New Jersey, in addition to existing working capital of approximately $100 million.

In total, DSW contributed $256 million to the deal. Authentic Brands has not disclosed where the remainder of its contribution is focused.


Camuto Group brands include Vince Camuto, Louise et Cie, Sole Society, CC Corso Como and Enzo Angiolini. The partnership will focus on licensing the brands across existing lines in footwear, handbags and jewelry, and new category development with a focus on building out each brand’s lifestyle offerings.

“DSW has a long-term opportunity to strategically gain share in markets with the most attractive growth prospects, including direct-to-consumer,” said Simon Nankervis, Chief Commercial Officer of DSW in an interview with Retail TouchPoints. “We had been searching for the right acquisition to propel this growth and ensure our long-term health as a company. It was good timing that Camuto Group was also looking to secure its own long-term growth through its sale.”

Authentic Brands, which owns Aéropostale and Juicy Couture, as well as the recently acquired Nautica, Nine West and Bandolino, will be responsible for the development, growth and global marketing of the brands. Authentic Brands said its overall brand portfolio, with the addition of Camuto, would now be valued at about $8.3 billion in annual revenue. The company actually beat out DSW and others to acquire the Nine West and Bandolino brands in June 2018.

The Camuto Group will maintain its existing Connecticut headquarters and will manage its dedicated wholesale and third-party design relationships independently of the DSW retail business. Camuto Group CEO Alex Del Cielo will continue to lead the organization.

Featured Event

Join the retail community as we come together for three days of strategic sessions, meaningful off-site networking events and interactive learning experiences.



Access The Media Kit


Access Our Editorial Calendar

If you are downloading this on behalf of a client, please provide the company name and website information below: