Nautica - Licensing Corner

Brand licensing company Centric Brands files for bankruptcy

May 28, 2020 #ThatLicensedMerchGirlaccessories, All Saints, apparel, Avirex, Bankruptcy, Brand Licensing, Calvin Klein, Centric Brands, Centric Brands files for bankruptcy, covid19, Disney, Entertainment, Hudson, Hudson Jeans, Jessica Simpson, Kate Spade, licenses, Marvel, Michael Kors, Nautica, Nickelodeon, Pandemic, Robert Graham, Swims, Tommy Hilfiger, Under Armour, Warner Brothers, Zac Posen

Reading Time: < 1 minutes Post Views: 4,166 Considering the weak growth in apparel sales in recent years, New York based, Centric’s Brands were likely already experiencing some challenges. The COVID-19 pandemic has only made that worse, as consumers have less need than ever for clothes for work or special events, and are pulling back on spending with many stores still temporarily closed and economic uncertainty looming. Apparel sales plunged 89% in April, with most retail stores closed due to the outbreak, after dropping more than 50% in March, when some stores were still open…

ABG acquires Nautica from VF Corporation

March 20, 2018March 20, 2018 LC TEAMAuthentic Brands Group, Collaboration, Nautica, North America, VF Corporation

Reading Time: 2 minutes Post Views: 5,963 Authentic Brands Group has inked a definitive purchase agreement with VF Corporation to acquire its Nautica lifestyle brand, as per a report in the License Global. However, the financial terms of the agreement were not disclosed yet. The transaction is expected to complete by the end of the second quarter of the financial year. In 2013, the brand acquired Juicy Couture from Fifth & Pacific, followed by the purchase of the estate of Muhammad Ali including all of Ali’s intellectual property. ABG will take on Nautica’s brand…

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Brand licensing company Centric Brands files for bankruptcy

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ABG acquires Nautica from VF Corporation

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