Nine West Holdings - Fashion Company Profile
Nine West Holdings was the New York holding company created from the Jones Group in 2014 - a short-lived name whose record is a ledger of splits, a bankruptcy and a brand sale, ending in March 2019 when the company emerged renamed Premier Brands Group.
Company Snapshot
- Status
- No longer exists under this name - the holding company emerged from Chapter 11 in March 2019 renamed Premier Brands Group Holdings; its namesake Nine West brand had been sold to Authentic Brands Group in July 2018
- Type
- Private - the successor, Premier Brands Group Holdings, is a wholesale and licensing company majority-owned after the restructuring by CVC Credit Partners and Brigade Capital
- Headquarters
- New York City, New York, United States
- Founded
- Filed here under its 2014-2019 name; the business began as Jones Apparel Group, and its Jones New York line was founded in 1966 by Sidney Kimmel
Company Profile
There is no Nine West Holdings website to link: the company this page names ceased to exist under that name in March 2019, and no shop box is carried because the holding company sold no products of its own - the Nine West footwear and handbag brand consumers know belongs to Authentic Brands Group, which bought it in July 2018 for $340 million, and is checked through that owner. What remains of the holding company trades as Premier Brands Group Holdings, a wholesale and licensing business built on the One Jeanswear Group, the Jewelry Group, the Kasper Group and Anne Klein. The full ledger - the December 2013 Sycamore purchase, the 2014 six-way split, the April 2018 bankruptcy and the March 2019 emergence - is kept in full on the history page.
The first transaction sets the sequence in motion. In December 2013, Sycamore Partners purchased the Jones Group for about US$2.2 billion. A purchase of that size for a multi-brand apparel group is rarely the end of the restructuring; it is the beginning of portfolio surgery, and the following year proved it. The filing records the split plainly and completely, which is what makes this short page valuable: it is a ledger of separations, each brand's destination named, rather than a narrative that might blur the order in which pieces left the group.
Nine West Holdings History
The earlier record for this company - its history, past brand line-ups, figures and photographs from the periods described - is kept on a separate page for historical reference.
Nine West Holdings History & Historical Profile →Common Questions
What happened to Nine West Holdings?
It filed Chapter 11 in April 2018, sold its namesake Nine West and Bandolino brands to Authentic Brands Group in July 2018, and emerged from bankruptcy in March 2019 renamed Premier Brands Group Holdings.
Who owns the Nine West brand now?
Authentic Brands Group, which bought the Nine West and Bandolino footwear and handbag businesses at a bankruptcy auction in July 2018 for $340 million. Nine West products continue to be sold by other retailers and online.
What was Nine West Holdings before 2014?
The Jones Group - formerly Jones Apparel Group - which Sycamore Partners purchased in December 2013 for about $2.2 billion and renamed Nine West Holdings the following year.
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