Centric Brands news and archive

Centric Brands appoints Marc Schneider chairman of board

Centric Brands, the licensee for brands like Tommy Hilfiger and Under Armour, has appointed Marc Schneider as the new chairman of its board of directors. A retail veteran with over 35 years in the industry, Schneider was most recently CEO of US fashion house Kenneth Cole Productions where he was responsible for the company’s retail, outlet,...

Business

Centric Brands exits Chapter 11 bankruptcy

Centric Brands, the licensee for brands such as Tommy Hilfiger and Under Armour, has completed its financial restructuring and emerged from Chapter 11 bankruptcy under private equity ownership. The company, whose portfolio of own brands includes Hudson, Robert Graham, Swims and Avirex, said it has substantially reduced its funded indebtedness by...

Business

Marquee Brands takes back BCBG licenses from Centric Brand

Licensing and operations for the BCBG brands are returning to Marquee Brands, which owns both BCBG Max Azria and BCBGeneration. Previously, licensing for both brands was controlled by Centric Brands, which has filed for bankruptcy this week. Marquee Brands will continue operations of wholesale and e-commerce business for BCBG. “Marquee is a...

Business

Centric Brands confirms acquisition of Zac Posen brand

Two months after reports that Centric Brands bought Zac Posen's trademark at auction first began circulating, the lifestyle brand collective has confirmed its recent acquisition. Centric Brands has purchased the Zac Posen brand and all related intellectual property, which was previously held by Z Spoke, LLC. Existing Zac Posen brand licensees...

People

Centric Brands appoints Laura Ritchey to the role of COO

Centric brands, owner and licenser of several fashion brands including BCBG Maxaria and Joe’s Jeans, has announced the appointment of Laura Ritchey to the role of Chief Operating Officer, reporting to CEO Jason Rabin. Ritchey will be responsible for developing the company’s global operating platform, as well as having direct oversight for...

Business

Zac Posen trademark reportedly bought by Centric Brands

The Zac Posen trademark has reportedly been bought at auction by Centric Brands. The new business arrangement affects the Zac Posen brand and related intellectual property, according to WWD. Posen is also reportedly working out details regarding his involvement in the deal. In October, Posen shuttered his fashion label House of Z after failing...

People

Pamela Gill Alabaster joins Centric Brands as chief marketing officer

Centric Brands Inc., a lifestyle brand collective that designs, markets and sells apparel and accessory products has appointed Pamela Gill Alabaster as its fisrt chief marketing officer. She will report to chief executive officer Jason Rabin. Alabaster will oversee corporate marketing and communications, responsible for supporting the marketing...

Business

Differential Brands Group renamed Centric Brands

Differential Brands Group Inc. on completion of the acquisition of a significant portion of Global Brands Group Holding Limited’s North American licensing business for 1.2 million dollars, has decided to change its name to Centric Brands Inc. The company said in a statement that Jason Rabin, former president of GBG North America, will lead...