American Exchange Group news and archive

American Exchange Group acquires Allbirds for 39 million dollars

US footwear brand Allbirds has announced a definitive agreement to sell its intellectual property and specific assets and liabilities to American Exchange Group. The New York-based firm, which specializes in accessories design and manufacturing, will acquire the brand for an estimated 39 million dollars. The transaction was negotiated by a...

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Business

American Exchange Group acquires watchmaker E. Gluck Corporation

Accessories and manufacturing firm American Exchange Group has acquired the assets of respected watchmaker E. Gluck Corporation for an undisclosed amount. The acquisition will form a new company, E. Gluck Holdings LLC, which aims to operate as “the premier and largest wholesale fashion watch and jewellery company in the industry,” explains...

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American Exchange Group snaps up womenswear brand Venus

Womenswear brand Venus has found a new home at American Exchange Group (AXNY Group), which has acquired the Floridian label for an undisclosed sum. The move builds on AXNY’s efforts to grow its portfolio of owned and licensed fashion and lifestyle brands, which already comprises Aerosoles, Indie Lee and Jonathan Adler. In a statement, Alen...

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Business|Beauty

Urban Skin Rx acquired by American Exchange Group

American Exchange Group, which has a portfolio of owned and licensed brands across fashion, accessories and beauty, has acquired skincare brand Urban Skin Rx for an undisclosed sum. The beauty brand, founded by licensed aesthetician Rachel Roff in 2010, is led by chief executive officer Victoria Payne and offers skincare formulations that target...

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Consortium Brand Partners acquires Jonathan Adler

Consumer investment firm Consortium Brand Partners has acquired home décor, furniture and lifestyle company Jonathan Adler. The New York-based investment firm partnered with American Exchange Group, a leader in fashion accessory, design, manufacturing, and distribution, which will operate Jonathan Adler's retail stores in the UK and US and its...

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People

Aerosoles appoints footwear industry veteran Jimmy Gabriel as chief brand officer

Footwear firm Aerosoles has announced the appointment of Jimmy Gabriel as its new president and chief brand officer. The company said in a release that Gabriel, a veteran with almost 50 years of experience in the footwear industry, brings his deep expertise and visionary leadership to Aerosoles, a brand owned by American Exchange Group. "Jimmy...

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Business

Aerosoles to expand into homeware via new licensing deal

Footwear brand Aerosoles is preparing to embark on a new journey into the homeware sector as part of a new licensing agreement between the label’s parent company American Exchange Group and both CHD Crest Home and Dream Home. The deal will cover comforters, duvet covers, sheets, bed, and decorative pillows via CHD Crest Home, while Dream Home...

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Business

American Exchange Group acquires skincare brand Indie Lee

American Exchange Group has announced the acquisition of clean beauty skincare brand, Indie Lee. Founded in 2010, the company said in a release, Indie Lee is known for its range of clean skincare products. As a pioneer in the clean beauty movement, Indie Lee uses the natural, naturally-derived, and organic ingredients, combined with the advanced...

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Business

American Exchange Group acquires footwear brand Island Surf Company

American Exchange Group has acquired Island Surf Company, a footwear brand synonymous with coastal comfort and style. Founded in 2008, Island Surf Company utilises proprietary technologies to economically create products with superior comfort, performance, and support. These technologies include lightweight recovery foam, shock-absorbing return...

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American Exchange Group acquires beauty label HatchCollective

Accessories and manufacturing firm American Exchange Group has acquired beauty and personal care conglomerate HatchCollective for an undisclosed sum. The strategic takeover builds on the group’s ongoing portfolio expansion, marking its first step into the beauty market in a bid to further its overarching growth and lifestyle strategy. It also...

Fashion

White Mountain signs licensing agreement with Mirage Fashion Group

Footwear brands White Mountain and Cliffs, part of American Exchange Group, have signed a new licensing agreement with Mirage Fashion Group, a privately held global outerwear company. In a statement, White Mountain and Cliffs said that Mirage Fashion Group will distribute rain, lightweight and heavyweight outerwear for women, men and kids for...

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Business

Aerosoles expands into sleepwear through new licensing agreement

Footwear brand Aerosoles has taken its first steps into the sleepwear category through a new licensing agreement with United Intimate Group. The deal will see the supplier distribute women’s sleepwear, robes and intimate apparel as part of Aerosoles’ goal to establish itself as a global lifestyle brand. The move links to a strategy implemented...