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Jun 17, 2024 · June 17, 2024 at 05:29 pm EDT. NEW YORK (AP) — A U.S. bankruptcy judge has approved the sale of the majority of Express Inc. 's operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores. The offer includes $136 million in cash ...
Jun 14, 2024 · WHP Global is a leading New York based firm that acquires global consumer brands and invests in high-growth distribution channels including digital commerce platforms and global expansion. WHP owns a portfolio of consumer brands that collectively generate over USD $7 billion in global retail sales. The company also owns WHP+, a turnkey direct ...
Jun 14, 2024 · WHP Global is a leading New York based firm that acquires global consumer brands and invests in high-growth distribution channels including digital commerce platforms and global expansion. WHP owns a portfolio of consumer brands that collectively generate over USD $7 billion in global retail sales. The company also owns WHP+, a turnkey direct ...
Jun 17, 2024 · Credits: WHP Global. A conglomerate of firms, including fashion retail group WHP Global, have come together to form a new retail operating platform that has gained approval to acquire the majority of Express, Inc. operations. WHP, in collaboration with Brookfield Properties, an affiliate of Simon Property Group, and Centennial Real Estate, has ...
Jun 15, 2024 · 1.4k. VIEWS. (Bloomberg) — Express Inc. won bankruptcy court approval to sell itself for $174 million to a consortium led by WHP Global, a brand licensing company backed by Ares Management Corp. and Oaktree Capital Management, and mall owners Simon Property Group and Brookfield Properties. The offer price includes $136 million in cash and $38 ...
Jun 17, 2024 · The new joint venture between brand management firm WHP Global and mall owners Simon Property Group , Brookfield Properties and Centennial Real Estate — formed for the purpose of buying beleaguered mall brand Express, Inc. — now has a name: Phoenix Retail. The partners came together in April 2024 with a buyout offer for the fashion retailer ...
Jun 17, 2024 · A U.S. bankruptcy judge has approved the sale of the majority of Express Inc.’s operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the ...
