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Licensing pact with Centric Brands paves way for tween retailer’s expansion.
A licensing agreement with Centric Brands will scale the retailer’s presence across partners, including Walmart, Kohl’s and CVS and will push the brand into new categories.
Marquee Brands, the parent company of Martha Stewart and Laura Ashley, is acquiring the Italian luxury label.
The denim label is the latest IP to be scooped up by Authentic Brands Group, which is aiming for $100 billion in annual retail sales.
Michael Kors is going through a strategic repositioning of the category, as that brand and Jimmy Choo prioritize more casual styles.
The company also owns Wrangler, which it says will be a $5 billion brand, and last year bought Norwegian outdoor apparel maker Helly Hansen.
Marquee Brands will own a majority interest in the fashion house in a deal that is expected to close in Q2 of this year.
Kontoor Brands has agreed to divest the Lee brand to Authentic Brands Group in a deal worth up to $1 billion as the company shifts focus to Wrangler and Helly Hansen. Figure: Kont...
CEO Joanne Crevoiserat described opportunity in footwear for what she ultimately sees as a $10 billion brand. Meanwhile, Kate Spade stumbled in Q3.
New generative AI platform, natively integrated with Centric PLMâ„¢, empowers brands to design, develop and commercialize products faster with connected AI workflows Centric Softwa...
Plus, Dime is the latest beauty brand to lower its prices.
Authentic Brands Group is a global brand and entertainment platform. The post PE-backed Authentic Brands Group to acquire denim brand Lee appeared first on PE Hub.
LVMH is selling the brand to WHP Global and G-III as the luxury fashion landscape continues to shift.
Plus, Gap Inc. names new Banana Republic CEO.
Cements Leadership in Unlocking Retail Real Estate Value
Plus, Kering CEO talks Gucci's turnaround plan.
The Metrocentre Partnership has announced that Inditex’s new-to-the-UK brand Lefties will join Metrocentre’s best-in-class retail line-up, making it one of the retailer’s first thr...
The sneaker brand’s sales fell more than 30% in the latest quarter, and the deal with Glamorise is aimed at strengthening Wacoal’s U.S. position.
Plus, Lululemon's founder is starting a new business.
Centro Tex Limited and Textile Innovation Exchange (TIE) have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU) aimed at advancing cir...
Plus, Chanel's 2025 revenues grew 2%.
Plus, Milan Fashion Week's new guidelines discourage fur.
Jack Schwartz Shoes also owns and operates Lugz and British Knights, along with licensed footwear for Lee and Ben Sherman.
Adrienne Gernand, a veteran of Gap Inc., will be responsible for expanding the brand’s assortment and global reach.
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