WHP Global Invested $260 Million into Express and Acquired 7.4 Percent

Retail
Written By Rick Watson

Based in New York City, WHP owns a number of brands, including Anne Klein, Isaac Mizrahi, Toys R Us and Babies R Us.

WHP Global, the firm that owns a controlling stake in Toys R Us, has invested in Express in order to expand the firm’s product lines into new categories and geographies. I’m bullish on this partnership for WHP Global as the Express brand name still means something and there is likely a lot of money to be made here if this is done right.

WWD: WHP Global Invests $260 Million Into Express; Acquires 7.4 Percent

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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