DSW and Authentic Brands Group to acquire Camuto Group

DSW Inc. has announced the acquisition of operations of Camuto Group, known for its Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand. Additionally, the company said, DSW along with Authentic Brands Group LLC (ABG), have jointly acquired several intellectual property rights from the Camuto Group under a new partnership for a total consideration of approximately 375 million dollars.