ABG’s Jamie Salter talks future plans for Nautica and its acquisition pipeline.
The deal between ABG and VF Corp. is said to close by the end of the second quarter.
Feldenkreis is also requesting an extension of time to nominate a slate of directors for election to the board.
The non-binding proposal was submitted by former chairman George Feldenkreis.
FashInvest and WWD are tracking the future as the fashion industry rises to meet a new set of challenges.
Feldenkreis letter details dissatisfaction with existing board’s “motivations, strategy and oversight.”
Feldenkreis is partnering with Fortress Investment Group, sources say.
Swander Pace plans to build the company’s management team, expand distribution and increase marketing spend.
Vita Liberata is part of a growing prestige self-tanner market.
Both firms are building out their brand portfolios.