differential brands group news and archive

Centric Brands Q3 net sales drop 6 percent

Centric Brands Inc. formerly known as Differential Brands Group Inc., for the three months ended September 30, 2018 reported total net sales decrease of 6 percent to 39.8 million dollars. The company said in a statement that somewhat offsetting a wholesale segment net sales decline of 12.3 percent in the quarter was strong 13.6 percent net sales...

Business

Differential Brands Group renamed Centric Brands

Differential Brands Group Inc. on completion of the acquisition of a significant portion of Global Brands Group Holding Limited’s North American licensing business for 1.2 million dollars, has decided to change its name to Centric Brands Inc. The company said in a statement that Jason Rabin, former president of GBG North America, will lead...

Business

Differential Brands Group reports Q2 EBITDA of 1.2 million dollars

Differential Brands Group Inc. reported EBITDA of 1.2 million dollars driven by an 8 percent increase in consumer direct sales for the three months ended June 30, 2018. For the second quarter, the company said, net loss and loss per share were 5.7 million dollars and 0.54 dollar per share compared to 4.1 million dollars and 0.41 dollar per...

Business

Robert Graham partners with Peerless for tailored clothing

Differential Brands Group Inc. has announced that its Robert Graham subsidiary has signed a licensing agreement with Peerless Clothing International, Inc. to manufacture and distribute Robert Graham men’s and boys’ tailored clothing, suit separates and top coats. “We are thrilled to announce this new and very significant partnership which will...

BusinessFeatured

Differential to acquire majority stake in GBG’s North America business

Differential Brands Group Inc. has entered into a definitive purchase agreement with Global Brands Group Holding Limited (GBG), to acquire a significant part of GBG’s North American licensing business, for a purchase price of 1.38 billion dollars. GBG's North America business is comprised of licensed brands such as Disney, Star Wars, Calvin...

People

Maria Borromeo joins DFGB as President of Hudson Jeans

Differential Brands Group Inc. has named Maria Borromeo, President of Hudson Jeans. “Borromeo brings strategic leadership and experience with a record of success of growing and presiding over a brand from its inception. Under Maria’s leadership, we look forward to maximizing the growth potential for Hudson not only through implementation of a...

Business

Differential Brands Group: Q1 net sales drop 3 percent

Differential Brands Group Inc. has announced that total company net sales for the first quarter decreased by 3 percent to 38.8 million dollars, however consumer direct segment posted a sales rise of 12 percent. The company added that comparable retail stores net sales at both Robert Graham and Swims increased 16 percent driven by both full price...

Business

Throat Thread Apparel to relaunch Hudson Jeans into Canada

Differential Brands Group has announced a partnership with Throat Threads Apparel to relaunch the denim line, Hudson Jeans into Canada. The company said, under new design direction from seasoned denim innovator, Zihaad Wells, Hudson Jeans is injecting a rebellious energy into the denim world. “We are very excited to be a part of the rebirth of...

Business

Differential Brands Group Q3 net sales up 3 percent

Differential Brands Group said total company net sales for the three months ended September 30, 2017, increased 3 percent to 42.4 million dollars, reflecting a 1 percent increase in wholesale segment sales and a 5 percent increase in consumer direct segment sales. Adjusted EBITDA for the quarter was 3.2 million dollars compared to 1.8 million...

People

Differential Brands Group appoints new CFO

Differential Brands Group has appointed Bob Ross as Chief Financial Officer, effective January 30, 2017, replacing Hamish Sandhu. In this role, he will report to Michael Buckley, the company’s Chief Executive Officer. “We are thrilled to welcome Bob to Differential Brands Group, and believe that he will be a valuable part of our team as we...

Business

Differential Brands Group acquires SWIMS brand

Differential Brands Group has completed the acquisition of SWIMS, a Scandinavian lifestyle brand best known for its range of footwear and sportswear. The company distributes its full range of footwear, swimwear, outerwear, ready-to-wear and accessories worldwide through department stores, independent specialty stores, and luxury resorts. Its...