Reuters insists Stuart Weitzman is for sale again

21/08/2014
Reuters insists Stuart Weitzman is for sale again
Reuters has said high-end footwear brand Stuart Weitzman is up for sale, although neither the brand nor current owner, investment group Sycamore Partners, has confirmed the news agency’s reports.

It claimed Stuart Weitzman, which Sycamore bought earlier this year as part of its acquisition of the larger fashion group Jones Group, has already spoken to finance groups about a new sale, which it said was of interest to Sycamore because it is preparing to “bulk up” for further acquisitions.

Stuart Weitzman was founded by the New York designer of the same name; it makes its shoes in Spain.