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WHP Global Secures $150M to Fuel Joseph Abboud Growth

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

WHP Global has secured a $150 million equity commitment from Oaktree Capital Management, whose investment in the brand management firm now totals $350 million. The infusion will help the company, which owns Anne Klein, and recently closed on its acquisition of Joseph Abboud, to drive growth for the Abboud brand with key partners like Tailored Brands,…

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