This company profile is not publicly available
Private equity firm
Founded in 2011 by Stefan Kaluzny and Peter Morrow. Notable investments include Victoria's Secret, Talbots, Nine West and Staples.
Since 2012 this company has acquired a number of American retailers including Nine West and Staples, which has resulted in the loss of over 19,000 jobs. Follow the link to read more about how Wall Street executives exploit gaps in laws and regulations, and lucrative loopholes, to amass huge profits at the expense of working people and local communities. These massive profits pay for luxurious lifestyles for fund managers and their families, while workers and their families and communities face real hardship.
[Source 2019][More on Workers Rights]
Sycamore Partners has been involved in more than a dozen retail industry buyouts since it was founded in 2011. While the firm has reaped hundreds of millions of dollars in profits from its investments, its methods have often been controversial, in some cases saddling retailers with massive debt that eventually played a role in their bankruptcies. When a private equity firm drives a company into bankruptcy, the loss for the private equity firm is limited; it is the company and its workers who pay the price. Follow the link for more details.
[Source 2020][More on Governance]
|Company Structure||Private company|
|# Employees||20 in 2019|
|Address||New York, New York, USA|