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July 31, 2006
Sigerson Morrison Sells Stake To Marc Fisher
Footwear and handbag firm Sigerson Morrison has sold a majority stake to Connecticut-based Marc Fisher LLC with the hope of growing its brand.
With the sale, Sigerson is looking to expand into eyewear and fragrances as well as extend its retail locations. Marc Fisher’s chief executive and namesake is the son of Jerome Fisher, a co-founder of Nine West.
Sigerson will remain based in New York but has plans to add more stores both domestically and abroad as it strengthens its footwear business. The company already has wholesale deals with big name retailers such as Bergdorf Goodman, Harvey Nichols and Stanley Korshak.
Posted by Blacks on July 31, 2006 09:07 AM
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