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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...

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BusinessFeatured

Zac Posen shutters his namesake label

Designer Zac Posen has shuttered his namesake fashion label House of Z, citing unable to timely find a strategic investor amid a struggling retail climate. The announcement to cease operations went into immediate effect, with Posen’s website and e-commerce platform being taken offline. The news comes as American fashion must re-find its footing...

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