EXCLUSIVE: WHP Global Acquires Lotto Sport Brand - NewsBreak
By Gesard in Business
Updated 3 years ago
WHP Global may have lost out on its bid to buy Reebok, but it was able to snag another high-profile sports brand: Lotto Sport Italia. The New York-based brand management firm, which also owns Joseph Abboud, Anne Klein and a controlling interest in Toys 'R' Us, today will reveal that it has purchased the intellectual property rights globally for the Trevignano, Italy-based sports brand. Terms were not disclosed.