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Candie’s acquires Badgley Mischka brand from Escada

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Candie’s Inc. (New York), the casual footwear and sportswear manufacturer, has acquired the Badgley Mischka designer apparel brand from Escada AG (Aschheim/München, Germany). Terms were not disclosed.

Candie’s designs and sells mid-priced women’s and children’s shoes (Candie’s, Bongo) and — through subsidiary Bright Star — men’s shoes (Aspen), as well as teen-focused licensed merchandise such as fragrances, beauty products, handbags, and jeans. Candie’s sells to mass marketers, department stores, specialty shops and through 10 outlet stores.

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