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Centric Brands Acquires Hosiery Division From Daytona Apparel Group

RECENTLY ACQUIREDApr 27, 2022

Acquiring Company

Centric Brands

Acquired Company

Hosiery Division

New YorkManufacturingProfessional ServicesFinancial ServicesLending And InvestmentsE CommerceFashionRetailLifestyle

Description

Centric Brands LLC. (“Centric” or the “Company”) announced today the strategic acquisition of a division of Daytona Apparel Group, a portfolio of retail brands owned by Windsong Brands, that closed on March 24th of this year. Centric will take full ownership of Daytona Apparel Group’s hosiery division which sells product across multiple brands in stores nationwide. Daytona Apparel will continue to independently operate their other categories.

Quick answer

Centric Brands is acquiring Hosiery Division, announced April 27, 2022. Centric Brands is based in New York, New York, United States.

How much did Centric Brands pay for Hosiery Division?
The deal value was not disclosed.
What does Centric Brands do?
Centric Brands LLC. is a global leading lifestyle brand collective that has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building.
Where are Centric Brands and Hosiery Division based?
Centric Brands is based in New York, New York, United States.
Who are the decision-makers at Centric Brands?
Fundz holds 5 contacts at Centric Brands. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Centric Brands

Location

New York, New York, United States

About

Centric Brands LLC. is a global leading lifestyle brand collective that has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building. Centric designs, sources, markets, and sells high-quality products in the kids, men’s and women’s apparel, accessories, beauty, and entertainment categories. The Company’s portfolio includes licenses for more than 100 iconic brands, including Calvin Klein®, Tommy Hilfiger®, Nautica®, Spyder®, and Under Armour® in the kid’s category; Joe’s Jeans®, Buffalo®, Hervé Léger®, and IZOD® in the men’s and women’s apparel category; Coach®, Kate Spade®, Michael Kors®, All Saints®, Frye®, Timberland®, Hunter®, and Jessica Simpson® in the accessories category; and in the entertainment category, Disney®, Marvel®, Nickelodeon®, and Warner Brothers® among many others. The Company also owns and operates Zac Posen®, Hudson®, Robert Graham®, Avirex®, Fiorelli®, and Taste Beauty® and operates a joint venture brand, Favorite Daughter, with Sara and Erin Foster. The Company’s products are sold through leading mass-market retailers, specialty and department stores, and online. The Company is headquartered in New York City, with U.S. offices in Los Angeles and Greensboro, and international offices in London, Toronto, and Montreal. Centric Brands social impact efforts are centered around our commitment to serve and uplift the communities where we live and do business. Through our collective volunteerism and contributions, we are dedicated to making a caring and lasting impact on the world around us. For more information about Centric Brands, please visit www.centricbrands.com.

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Frequently asked

Who acquired Hosiery Division?

Hosiery Division was acquired by Centric Brands, based in New York. The deal was reported on April 27, 2022. Centric Brands LLC. is a global leading lifestyle brand collective that has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building. Centric Brands is privately held and operates in Manufacturing.

When did Centric Brands acquire Hosiery Division?

Centric Brands's acquisition of Hosiery Division was reported on April 27, 2022. Centric Brands LLC. (“Centric” or the “Company”) announced today the strategic acquisition of a division of Daytona Apparel Group, a portfolio of retail brands owned by Windsong Brands, that closed on March 24th of this year. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hosiery Division do?

Hosiery Division is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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