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PVH completes sale of Heritage Brands business to Authentic Brands Group

PVH Corp. has completed its previously announced sale of its Heritage Brands business to Authentic Brands Group (ABG). The company said in a release that the cash purchase price for the transaction, which includes the Izod, Van Heusen, Arrow and Geoffrey Beene trademarks, was 223 million dollars. Commenting on the transaction, Stefan Larsson,...

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PVH sells Heritage Brands business to Authentic Brands Group, updates outlook

PVH Corp. has signed an agreement to sell certain intellectual property and other assets of its Heritage Brands business to Authentic Brands Group (ABG) and will exit its Heritage Brands business. The company said in a release that the cash purchase price for the transaction is approximately 220 million dollars and the transaction includes the...

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