financial
financial

Camuto Buys Stake in Sanctuary Clothing

Company founders Ken and Deb Polanco to work in tandem with Camuto to build lifestyle brand, beginning with expansion into footwear and accessories.

The Camuto Group has acquired a 50 percent stake in Sanctuary Clothing, the North Hollywood, Calif.-based company, in partnership with the company's founders Ken and Deb Polanco.

Financial terms of the transactions weren't disclosed.

Hillary Fritz, group president of designer apparel for the Camuto Group, will collaborate with the Sanctuary team to expand the existing business into a complete lifestyle brand, starting with footwear and accessories to complement the apparel collection.

The Camuto Group is based in Greenwich, Conn., and markets apparel and footwear. It owns the Vince Camuto and Arturo Chiang brands and is the master licensee for the Jessica Simpson Collection. Among its numerous holdings, it also has the footwear license for BCBGirls, BCBG Max Azria and Nicole Miller.

For complete coverage, see Monday's issue of WWD.

load comments

ADD A COMMENT

Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
News from WWD
Newsletters

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

LatestPublications
getIsArchiveOnly= hasAccess=false hasArchiveAccess=false