Differential Brands Group, a portfolio of global consumer brands comprised of Hudson Jeans, Robert Graham and Swims, has announced that its Robert Graham subsidiary has signed a licensing agreement with Peerless Clothing International to manufacture and distribute Robert Graham men’s and boys’ tailored clothing, suit separates, and top coats.
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LOS ANGELES--(BUSINESS WIRE)--
Differential Brands Group Inc. (the “Company” or “Differential”) (DFBG), a portfolio of global consumer brands comprised of Hudson, Robert Graham and SWIMS, today announced that it has entered into a definitive purchase agreement with Global Brands Group Holding Limited, a Hong Kong listed company (SEHK Stock Code: 787) (“GBG”), to acquire a significant part of GBG’s North American licensing business (the “GBG Business”), comprised of licensed brands such as Disney, Star Wars, Calvin Klein, Under Armour, Tommy Hilfiger, BCBG, bebe, Joe’s, Buffalo David Bitton, Frye, Michael Kors, Cole Haan and Kenneth Cole, for a purchase price of $1.38 billion, subject to adjustment (the “Transaction”). It is anticipated that upon closing, DFBG will have in excess of $2.3 billion in pro forma annual revenue comprised of branded men’s, women’s, and kid’s apparel, along with accessories that will be distributed to a diversified base of consumers across all retail and digital channels. The acquisition is expected to close in the third quarter of 2018.
LOS ANGELES--(BUSINESS WIRE)--
Differential Brands Group Inc. (DFBG), a portfolio of global consumer brands comprised of Hudson Jeans, Robert Graham and SWIMS, today announced that Robert Graham has embarked on its largest brand extension in the company’s history. These four new licensees, and two license extension partners, will help drive Robert’s Graham brand awareness and profitability through 2018 and beyond.
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“We are thrilled to announce these new best-in-class partnerships that will continue to create luxury products and strengthen the brand’s footprint domestically,” said Michael Buckley, Chief Executive Officer of Differential Brands Group Inc., parent company of Robert Graham.
“As we continue bringing the Robert Graham luxury DNA and lifestyle to new classifications for men, women, and other passion points in which our Collectors engage, we look forward to expanding our reach in the U.S. and beyond,” added Andrew Berg, President of Robert Graham.