DSW to buy Camuto Group for $375 mln

DSW Inc said Oct. 10 that has agreed to buy the operations of Camuto Group for about $375 million. The deal includes the licensing rights for the Jessica Simpson® footwear business, as well as the footwear and handbag licenses for Lucky Brand® and Max Studio®. DSW and Authentic Brands Group LLC also agreed to buy several IP rights from Camuto under a new partnership.

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