Glb Brands Grp/Sh (GLBRF) 0.1000 $GLBRF David B
Post# of 273249
David Beckham Takes A Stake In The Future Of British Heritage Menswear Brand Kent & Curwen
PR Newswire - Wed Sep 16, 7:04AM CDT
Trinity Limited (SEHK: 891), a leading retailer and owner of high-end menswear brands in Greater China and Europe, today announced that its Kent & Curwen brand has signed an exclusive five-year agreement that will see David Beckham play a multifaceted role in driving the brand's business globally.
Joe's Jeans Announces Completion of Sale of its Joe's(R) Brand to Sequential Brands Group
BusinessWire - Mon Sep 14, 5:00AM CDT
Joe's Jeans Inc. (NASDAQ: JOEZ) (the "Company" announced today that it has completed the sale of certain of its operating and intellectual property assets related to the Joe's(R) brand and business for an aggregate purchase price of $80 million, led by Sequential Brands Group, Inc. (NASDAQ: SQBG) ("SQBG". SQBG acquired the Joe's(R) brand for $67 million. Contemporaneously, Global Brands Group Holding Limited (SEHK Stock Code: 787) acquired certain operating assets for $13 million. The Company used the proceeds of the transactions to repay certain outstanding indebtedness, including all of its indebtedness outstanding under the Company's senior term loan agreement. The Company expects to rename itself Differential Brands Group Inc. and remain listed on NASDAQ.
JOEZ: 0.19 (-0.01), SQBG: 8.65 (-0.09)