Have you heard the news?

Astor & Black is now backed by the private investment group, Castanea Partners.  Castanea boasts a portfolio including brands such as Betsey Johnson, Urban Decay, Donald J Pliner and many others. We are excited for the opportunity this venture brings our company, and we are confident that this endeavor will position Astor & Black for a bigger and brighter future.

“The business has significant wind at its back as the apparel market continues to see a rapid trend towards customization,” noted Troy Stanfield, Partner for Castanea. “There is a meaningful opportunity to accelerate growth by implementing digital strategies that heighten the customer’s experience and convey the Astor & Black value proposition to potential customers.”

Read the full press release here.


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Categories: In the Press, News/Events

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3 Comments on “Have you heard the news?”

  1. long time customer
    March 23, 2011 at 8:39 pm #

    I sure hope so. Unfortunately the track record for many of your peers in the apparel industry who have partnered with a financial sponsor has not been so great…the Schotttenstein family can attest to that.

  2. long time customer
    March 21, 2011 at 2:04 pm #

    i hope that this transaction does not force the company to view profits as their main goal versus serving the customer with the best like they have done up to this point.

    • March 21, 2011 at 2:32 pm #

      Customer satisfaction is still at the forefront of our priorities. With David Schottenstein still at the helm of the business, our customers should only see our service and offerings improve with this new influx of support. Thank you for being a loyal customer!

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