Centric Brands news and archive

Centric Brands expands Coach licensing partnership to include soft accessories

Centric Brands has announced it will be expanding its partnership with Coach to now include the exclusive licensing to design, manufacture and distribute soft accessories. The new collection, set to debut in autumn, features men’s, women’s and all gender soft accessories that mirror the brand’s values and integrates its ‘C’ logo. Products...

People

Centric Brands taps new president of Asia division

Brand collective Centric Brands has named Marc Compagnon as the new president of its Asia division. Compagnon will be based in Hong Kong and will oversee the company’s sourcing transformation, and will drive opportunities “to infuse digital elements into the organization’s sourcing strategy with a focus on quality, speed and efficiency”. He will...

Business

Centric Brands partners with scholarship fund supporting Black students

Brand collective Centric Brands has announced a partnership with the Black Talent in Design and Fashion Fund (BTDF) that looks to support Black students studying to enter the fashion industry through scholarships. The company, which oversees licenses for the likes of Tommy Hilfiger, Calvin Klein and Michael Kors, will provide 10,000 dollars in...

Business

Centric Brands inks accessories licensing deal with Steve Madden

Multibrand collective Centric Brands has announced an exclusive licensing agreement with Steve Madden, enabling the company to produce jewellery and hair accessories for the fashion brand. The firm, which operates the likes of Tommy Hilfiger, Calvin Klein and Under Armour, has seen a growth in brand partnerships within the accessory category...

Business

Centric Brands and WHP Global partner to acquire Joe’s Jeans

Licensing firm Centric Brands has announced it will be partnering with investment company WHP Global to acquire Joe’s Jeans, a US-based denim retailer. The two have signed a definitive agreement and received court approval to purchase the brand, which will be subject to customary closing conditions. The transaction will see WHP own the label’s...

People

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...

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...