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Isabella Fiore acquisition to expand FAB/Starpoint portfolio

10
May '08
Steve Russo, President and CEO of FAB/Starpoint has announced the complete acquisition and purchase of all trademark and other assets of the luxury handbag manufacturer Isabella Fiore.

The acquisition of Isabella Fiore by FAB/Starpoint expands the company's portfolio from licensed and private label manufacturing to privately owned brands.

This opens an entirely new distribution channel and enhances their overall industry strength. FAB/Starpoint is committed to building on the powerful Isabella Fiore label enabling them to be a more agile and focused brand to accomplish the strategic objectives planned for 2009 and beyond.

"Isabella Fiore is a strategic and very complementary acquisition," stated Steve Russo. "With its high-end positioning, selective distribution and strong consumer loyalty to the brand, we believe Isabella Fiore has not even scratched the surface of its potential as a world renowned accessory brand.

We are very happy that Debbie Coleman will, along with the key management and talented design team of Isabella Fiore, continue on this extraordinary journey and contribute their considerable expertise to our future development in this promising business segment."

Debbie Coleman, President/CEO of Isabella Fiore stated, "After nearly a decade of overwhelming consumer acceptance, Isabella Fiore is now perfectly positioned to explode into a lifestyle brand through product category expansion, licensing and increased distribution.


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