Press Release : AQA Holding, Owner of Stefano Bemer Acquires CKC New York.

by - 00:02:00

NEW YORK, January 20th, 2023.(BUSINESS WIRE)-
AQA Holding, owner of Stefano Bemer and Sartoria Vestrucci and part of the group that controls RforPeople, Scuola del Cuoio, and Schola Academy, announced today that it has signed an agreement to acquire CKC New York, a luxury menswear brand based in New York City. 
The transformational deal will establish AQA Holding as a global leader in the luxury men’s apparel and accessories industry. AQA Holding will act as the sole owner of the CKC New York brand and all its intellectual property. All brands will be merged and operate under the Stefano Bemer label with global expansion plans to begin in Q2 2023.

Under the agreement, Christopher Korey, Co-Founder and Creative Director of CKC New York, will continue to serve as the brand’s creative visionary, after closing. Calegero Cristiano, Co-Founder, and head of tailoring at CKC New York will stay on in that role as well as managing all New York operations.

Christopher Korey, creative director of the new company, states: “I could not be more thrilled, humbled, and honored to announce the acquisition of CKC New York by the legendary Italian brand Stefano Bemer. This merger will allow us to ramp up the vision we have at CKC New York and not only its expansion plans but also enable the brand to enhance the offerings of items in both ready-to-wear and made-to-order creations alongside,  needless to say, with the most revered men’s shoes on the market. In a fast-paced, digital world such as the one we find ourselves in today, it was an honor to be recognized by such an esteemed brand as Stefano Bemer. As a company, they embrace everything we at CKC New York admire and respect: commitment to quality and craftsmanship to the highest degree. I look forward to contributing to making timeless modern and modern timeless with new creations that offer something fresh in the marketplace while maintaining the utmost attention to quality.

Tommaso Melani, CEO of Stefano Bemer, states: “I’m extremely proud to officially announce the completion of a major step in the development of Stefano Bemer’s business strategy, the acquisition of CKC New York.”
I believe that there is strength in acknowledging the talent in others and there is power in the humble admission that there is always room for improvement. While building the strategy for the development of the tailoring and clothing arm of our company, I had the clear perception that I needed to think outside of the proverbial box. Bringing closer the pure Florentine heritage of Sartoria Vestrucci and the contemporary stylistic ideas of CKC gives Stefano Bemer the best of both worlds!

Over the past few months, I have found myself realizing how, on many levels, Stefano Bemer and CKC share a similar and compatible vision over the future of men’s style and how organic the alignment of our prospectives could have been, especially now that Sartoria Vestrucci is merging into Stefano Bemer to become its clothing division.

We, therefore, gave the acquisition and merger of CKC the highest priority in our 2023 agenda because it allows Stefano Bemer to leap forward in the consolidation of its strategy and to expand its foothold in New York while, at the same time, generating additional assets and resources to deploy in the upcoming strategic developments… And now it’s done!

I’ve long admired the work ethics, commitment, and passion that the people at CKC have demonstrated since the very beginning and I always thought that those are the kind of partners you would want by your side when you venture into the future."

The combined company headquarters and flagship retail location is in Florence Italy, while retail locations will remain in place in New York. The company expects to expand retail locations globally but a timeframe was not given at the time of this release. The acquisition will close at the end of January. 

No further details were immediately available.

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