Global Brands Group purchases a majority stake in Sean John, Sean “Diddy” Combs' men’s lifestyle brand, as well as Combs’ hip-hop fashion brand Enyce. Sean John, which has annual retail sales of $450 million, operates under a completely licensed model; current licensees and an exclusive retail partnership with Macy's will be retained. Cherokee Global Brands (owner of Cherokee, … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
Mergers & Acquisitions
Hot Topic acquires certain assets of the apparel and accessories brand Her Universe from founder Ashley Eckstein and The Araca Group. The pop culture retailer will operate the brand’s ecommerce and wholesale business as a division. Her Universe will continue to be a stand-alone brand that is available at multiple retailers and on HerUniverse.com.Hasbro has boosted its games … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
The leading bidder for collegiate sports marketing agency Learfield Communications is now TPG Capital. As the majority stake owner of CAA, TPG plans to merge the two agencies if its rumored $1.2–1.3 billion bid is successful. UBM, LIMA, and Alifish—the licensing and entertainment business unit of Chinese e-commerce giant Alibaba—join forces. In addition to online licensing … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
Toys 'R' Us sells the FAO Schwarz brand to California-based toy manufacturer and distributor ThreeSixty Group. ThreeSixty will develop FAO Schwarz-branded toys and retail experiences, to launch next fall. Target partners with Alibaba to sell goods in China via the Tmall ecommerce marketplace. Viacom's Board of Directors forms a Special Committee of Independent Directors to … [Read more...] about Mergers & Acquisitions
Mergers & Acquisitions
PlayMonster acquires Automoblox, a line of collectible toy vehicles in the classic wooden toy car category. VF Corp. completes the sales of its contemporary brands business (7 for All Mankind, Splendid and Ella Moss) to Delta Galil Industries. People and Entertainment Weekly launch an ad-supported streaming service called the People/Entertainment Weekly Network (PEN). The … [Read more...] about Mergers & Acquisitions