As both its search for a new CEO and its review of strategic alternatives get underway, the NYC-based consumer brands management company announced declining sales and deepening losses for the third quarter on Friday.
The New York-based brand management company announced on Monday that it is reviewing a range of strategic alternatives for the future of its business, and also revealed that its current CEO is stepping down.
Sequential Brands has announced that it has given its Caribbean Joe brand a comprehensive refresh, expanding its offering into new categories, including fragrance and kids’ swimwear, with a flurry of new partnerships.
The consumer brands group announced a significant expansion in its first-quarter net loss as impairment charges related to the sale of its Martha Stewart and Emeril Lagasse brands decimated declining revenues.
The NYC-based consumer brands company reported increased Q4 revenues of $48.9 million and a significantly narrowed loss of $2.2 million on Wednesday, following a year of efforts to turn the group’s fortunes around.
Sequential Brands Group has closed on a long-term licensing partnership renewal of Jessica Simpson's footwear business with Camuto Group, the company recently acquired by DSW and Authentic Brands Group.