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Accessory Network Group
Business Summary
Accessory Network Group is a privately-held manufacturer and designer of handbags, backpacks, casual accessories, and cold weather apparel. Accessory Network Group's Prestige Division holds Handbags & Accessory licenses for designer brands such as bebe, Bisou Bisou, Nicole Miller, and LeSportsac. Additionally, Accessory Network Group owns the Ghurka brand, which is know for its leather goods. Founded in 1984, Accessory Network Group headquarters are located in New York, New York.
Overview & Corporate Organization
Basic Information
| Year Founded: | 1984 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| City: | New York |
| State/Province: | New York |
| Country: | United States |
| Phone: | View |
| Website: | www.accessorynetwork.com |
Corporate Organization
| Affiliate Companies: | Brand Science LLC |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Consumer Products > Apparel, Footwear & Accessories > Handbags |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Accessory Network Group fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Accessory Network Group Revenues ($ MM): |
Accessory Network Group Total Employees: |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Nov. 2005 | Completed | LeSportSac | Accessory Network Group | Acquisition | $100,000,000 |
| Details | Feb. 2011 | Completed | View | View | Acquisition | View |
| Details | Sep. 2011 | Completed | View | View | Asset Sale | View |
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Detailed Business Description: Accessory Network Group
Business Model:
Accessory Network Group manufactures and designs handbags, backpacks, casual accessories, and cold weather apparel. ANG holds licenses for designer brands positioning itself as major disturber within the handbags market. Accessory Network Group’s acquisition of Kooba has enhanced its reputation as well as its spread of distribution. Kooba, a leader in fashion handbags, is sold in major high end department and specialty stores throughout the world. Along with the acquisition Accessory Network Group plans to expand into new categories and markets.
Revenues:
Accessory Network Group is a key player within the global clothing accessory industry. Throughout the economic recession consumers chose to buy accessories instead of clothing. Accessory Network Group’s Revenues are expected to grow along the global clothing accessory market which is expected to exceed $20 billion in 2012.
Expenses:
Accessory Network Group’s expenses are divided between its… Continue Reading →
Supplemental Resources
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