Nine West Holdings
PE-Owned1 Documented ImpactSycamore acquired Jones Group (parent of Nine West, Anne Klein) in 2014 for $2.2B. Immediately stripped valuable brands while leaving $1.6B debt on Nine West. Company sued Sycamore for fraudulent asset transfer.
Ownership Information
Nine West Holdings is owned by Sycamore Partners. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
Nine West Holdings founded
Acquired by Sycamore Partners for $2.2 billion
Sycamore stripped Nine West of valuable brands, left $1.6B debt behind
Sycamore Partners acquired Jones Group for $2.2B in 2014, immediately transferred valuable brands to new entities while leaving $1.6B in debt on Nine West. The company sued Sycamore for fraudulent asset transfer before filing Chapter 11 in April 2018.
Nine West Files Bankruptcy, Sues Sycamore for Fraud
Reuters →Before vs. After PE Acquisition
Brand value
Reported 2018
Before PE
Multi-brand fashion house
After PE
Bankrupt, brands stripped
↓ 100%
Community Reviews
Share your experience →Tracked Locations
CA (1)
Los Angeles
4129 Main St
Los Angeles, CA 90001
555-183-6983
FL (1)
Orlando
8925 Main St
Orlando, FL 32801
555-947-9506
GA (2)
Atlanta
2383 Main St
Atlanta, GA 30301
555-200-5518
Atlanta
8856 Main St
Atlanta, GA 30301
555-580-7606
MA (1)
Boston
318 Main St
Boston, MA 02101
555-709-8529
NY (1)
New York
5749 Main St
New York, NY 10001
555-312-1113
PA (1)
Philadelphia
8644 Main St
Philadelphia, PA 19019
555-370-2143
TN (1)
Nashville
19 Main St
Nashville, TN 37201
555-191-9793