By  on September 13, 2011

Metropark may soon get a new lease on life.

The Weisfeld Group purchased the intellectual property of the bankrupt mall-based specialty store chain last month, and plans to revamp and restart the business early next year. The Weisfeld Group owns or co-owns the Fubu, Coogi and Drunknmunky labels, as well as Under Two Flags, Crown Holder and Willie Esco.

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