Sep 23, 2015
Global Brands announces 10-year agreement for Buffalo Brands
Sep 23, 2015
Global Brands Group Holdings Limited announced Wednesday the signing of a long-term licensing agreement with Iconix Brand Group and Buffalo International for the Buffalo David Bitton brand and i Jeans by Buffalo.
The agreement, which runs through 2025, will add Buffalo David Bitton and i Jeans by Buffalo to the Global Brands portfolio. Global Brands will also design, produce and distribute products across both brands’ core categories.
Bruce Rockowitz, Chief Executive Officer and Vice Chairman of Global Brands Group, said, "With the addition of the Buffalo brands, we have taken another significant step to establish Global Brands as a leader in the denim category. We are focused on categories where we want to be a key player and achieve scale. Denim is one such category, which we are excited about and where we see excellent potential for growth. We're seeing a revival of denim as a fashion essential and believe that it will continue to trend strongly."
Gaby Bitton, Chairman, Buffalo International, said, "We are pleased to announce this long term strategic partnership with Global Brands that will both strengthen and solidify the Buffalo David Bitton and i Jeans brands around the world. The JV will continue its extensive marketing support that have helped make the brands leaders in the category."
This agreement is the second long-term agreement by Global Brands in the denim space; the first was with Joe’s Jeans earlier in September.
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