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Karl Lagerfeld SAS collection with Accessory Network
21
Aug '07
KARL LAGERFELD SAS announced they have entered into a strategic license agreement with Accessory Network Group LLC to design, manufacture and distribute Karl Lagerfeld handbags, small leather goods and luggage under their Prestige Brands Division.

The license extends the KARL LAGERFELD brand into three important new categories that will be designed to complement the core apparel lines.

The handbags, small leather goods and luggage will be available at retail in Fall 2008 and will be sold in select department stores and specialty stores worldwide.

"Karl Lagerfeld is arguably, one of the world's most talented and well known fashion leaders and we are honored to have the opportunity to work with him in launching Karl Lagerfeld Accessories," said Abe Chehebar, Chairman and CEO of ANG.

"We look forward to working closely with Karl and his team in putting together a Handbag Collection that will be worn
throughout the world."

"Accessories will be an essential part of the Karl Lagerfeld brand portfolio and we are thrilled to be partnering with Accessory Network Group," states Fred Gehring, CEO, Karl Lagerfeld SAS.

"Their outstanding manufacturing skills, along with the design expertise of Karl Lagerfeld will be a terrific partnership resulting in an accessories collection that will further extend the lifestyle offerings of the Karl Lagerfeld brand."

The Karl Lagerfeld license will be housed within ANG's Prestige Brands Division which is headed by President, Michele (Mickey) Ateyeh.


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