By  on April 6, 2009

Marc Ecko Enterprises plans to sell or spin off its noncore brands, according to an internal memo obtained by WWD.

“The market has made it clear to us that each of our individual businesses is worth more on a stand-alone basis than combined. Accordingly, we are working to decentralize the businesses of Marc Ecko Enterprises,” read the memo, which went out to employees on Friday. “We want to ensure that the difficult environment does not ultimately impede the continued growth and development of any business unit….Each brand should be aligned with the strategic or financial partners that will optimize its future growth and opportunities.”

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