Kari Sigerson noted, "Miranda and I have always believed that a sharp focus on design and a clear image of our brand are at the heart of what we do. In Marc Fisher Footwear, we have found a partner who will complement those qualities through their incredible knowledge of the business and respect for the creative process. Marc Fisher, and Company President Susan Itzkowitz, together with their team share our vision for our brand and have the resources, capability and drive to help us realize that vision."
"We are tremendously excited by the growth opportunities for Sigerson Morrison," said Susan Itzkowitz. "We look forward to working with Kari and Miranda to maximize the potential of the signature Sigerson Morrison label, and are confident that we can nurture BELLE into a leading diffusion line."
Terms of the transaction were not disclosed. Marc Fisher Footwear was advised by Financo Inc.
Marc Fisher Footwear, LLC, a Connecticut-based footwear company established in 2005, designs and distributes the new signature Marc Fisher line and Guess? women's and men's footwear under a licensing agreement.