Ariel Chaus repurchases Bernard Chaus Inc from Camuto Group

Ariel Chaus, current CEO of Bernard Chaus Inc. (BCI) is repurchasing 100 percent of BCI's shares from Camuto Group to reclaim full ownership of the brand. In addition, the company said, Bernard Chaus is partnering with Authentic Brands Group (ABG) on a shared ownership interest in the intellectual property of the BCI brands. Additionally, the brand is also entering into a long-term license agreement with ABG for Vince Camuto branded apparel.