Schottenstein Takes Majority Stake in Leiber
Published: Friday, May 30, 2008
(Page 2 of 2)
Gleason said the company will keep its existing licenses intact — fragrance, jewelry and eyewear — and will determine what its plans are for its fur and shoe collections, which are produced in small quantities in-house."I am a big believer in going to experts in categories," Gleason said. "I believe in licensing. It's a great opportunity for us but it's hard to find partners at this level. I am interested in finding partners."
Leiber has a network of signature stores, in addition to distribution in upscale retailers, such as Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus. In February, Leiber signed agreements to grow its store network and distribution into India and the Middle East. The company said Thursday it would open a store in Dubai next month in the new, high-end Wafi Mall.
— With contributions from Lisa Lockwood
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A Leiber handbag.
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