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Mansur Gavriel, the Accessories Brand, Acquired by Public Clothing Co.

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Mansur Gavriel, the Accessories Brand, Acquired by Public Clothing Co.

It hasn't been determined whether Mansur Gavriel's cofounders and co-creative directors will continue.

Public Clothing Co. has acquired the Mansur Gavriel accessories brand and its assets.

Founded in 2013 by Rachel Mansur and Floriana Gavriel, Mansur Gavriel is known for its elevated products with a focus on material, technique and shape. The brand, which currently makes handbags, footwear and small leather goods, launched with the now-emblematic bucket and tote bags and quickly captured global attention, earning two CFDA awards (including Swarovski Award for Accessory Design, 2015, and Accessories Designer of the Year, 2016) within its first three years. The brand’s distinctive designs, which feature minimalistic, clean, architectural shapes, have had a loyal following.

“Rachel and Floriana built something rare: a clear design identity and customers who genuinely love it,” said Dan Shamdasani, founder and chief executive officer of Public Clothing Co. “We’re here to invest in the brand and help it grow. Spring 2027 is underway and we’ll share more about what’s next in the coming weeks.”

Shamdasani, who said the deal closed Tuesday, declined to reveal how much he paid for the entire brand.

In June 2019, GF Capital Management and Advisors acquired a majority stake in Mansur Gavriel , and Mansur and Gavriel, cofounders and co-creative directors, retained a minority interest. At that time, the brand brought in Isabelle Fevrier as CEO, who was succeeded in 2023 by current CEO Maria Borromeo. Part of Borromeo’s mandate was to tighten the product assortment, boost the company’s profitability and return it back to its foundational values and DNA.


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