The five-year licensing agreement includes the exclusive rights to relaunch the underwear and sleepwear brand Stateside.
The brand house, which has been selling off businesses already, is now considering a broader set of strategic options.
The $16 million deal follows the brand group’s agreement in April to sell Umbro China.
The brand management firm plans to use the proceeds to pay down its more than $650 million debt load.
Founder Pharrell Williams talks about the brand’s three distribution channels and direction and future plans, including a store in Miami.
Federal prosecutors in New York have charged former ceo Neil Cole and former chief operating officer Seth Horowitz in an accounting scheme.
The trio that created the skateboard label in 1993 have created a Zoo York x Founders collection.
The plan is to grow sales from $30 million to $300 million by adding classification product.
Global Brands vet Elliott Azrak has set up shop and is looking to help brands capitalize on the latest craze.
The deal is with Sparks Glencoe Korea Co.
The brand owner is still struggling under a heavy debt load.
The first of a two-season collaboration is rooted in the classic trench, with the designer’s twist.
The company has also signed a deal for its Pony brand.
He reports to Robert Galvin, who joined in October as chief executive officer.
Here’s who’s in and out — and why.