Sequential Brands Group Inc. has acquired the Revo sunglass brand for $20 million in cash from Oakley Inc., which is owned by Luxottica Group SpA.
The cash transaction, which represents the fourth deal Sequential has completed so far this year, will be funded through cash on hand. Earlier in the year, the brand management firm picked up Heelys, Ellen Tracy and Caribbean Joe. The firm has a total of seven brands in its portfolio. The other brands are William Rast, People’s Liberation and DVS Action Sports.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"