Having acquired a significant portion of Global Brands Group’s American business, the consumer brands company has announced that it has changed its name to Centric Brands and will be welcoming Jason Rabin as its new CEO.
The brand group announced on Wednesday that it has entered into an agreement to acquire the majority of the North American licensing business, which has a portfolio including Disney, Calvin Klein and Under Armour.
Following a few days of rumor, the news is now official. The Diane von Furstenberg brand announced on its Twitter feed late Wednesday night that fashion executive Sandra Campos will take the reins as its new CEO.
Kenneth Cole has entered into a four-year licensing deal with UK-based GBG Europe Footwear and Accessories Limited to distribute men's and women's footwear, and manufacture and distribute women's handbags in EMEA.