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.