Centric leverages its contemporary and luxury
expertise to further grow the Vince brand
Centric Brands LLC (the “Company”) today announced a licensing
agreement with Authentic Brands Group (Authentic), a global brand
development, marketing and entertainment platform, for Vince.
Centric Brands, which recently announced the addition of Jennifer
Fisher jewelry to its portfolio, will design, manufacture and
distribute Vince branded handbags, small leather goods, and belts
for men and women.
“Vince is an incredible brand that has a tremendous opportunity
to expand in the accessories category through Centric’s expertise
in design, sourcing, and marketing. We look forward to building
upon the brand DNA and creating a meaningful business,” said Jarrod
Kahn, Group President, Accessories, Centric Brands.
With a long-standing partnership across several brands,
including Frye, Hervé Léger, Izod, Quiksilver, Billabong, Roxy and
now Vince, Authentic and Centric Brands share a strategic vision
for driving growth.
“Centric Brands has consistently demonstrated its ability to
translate brand identity into high-quality products that resonate
with consumers,” said Jarrod Weber, Group President Lifestyle,
Chief Brand Officer at Authentic. “Building on our partnership, we
are pleased to offer accessories that embody the essence of Vince –
sophistication and style.”
The belts, bags, and small leather goods will range from
$125-$225 and handbags from $250-$595. The product assortment will
be available at department stores, specialty retailers as well as
e-commerce sites.
About Centric Brands
LLC.
Centric Brands LLC is a leading lifestyle brand collective that
designs, sources, markets, and sells high-quality products in the
kids, men’s and women’s apparel, accessories, beauty, and
entertainment categories. The Company’s portfolio includes licenses
for more than 100 iconic brands, including Calvin Klein®, Tommy
Hilfiger®, Nautica®, Spyder®, and Under Armour® in the kid’s
category; Joe’s Jeans®, Buffalo®, Hervé Léger®, and Izod® in the
men’s and women’s apparel category; Kate Spade®, Michael Kors®, All
Saints®, Frye®, Timberland®, Kenneth Cole®, and Jessica Simpson® in
the accessories category; and in the entertainment category,
Disney®, Marvel®, Nickelodeon®, and Warner Brothers® among many
others. The Company also owns and operates brands such as Zac
Posen®, Hudson®, Robert Graham®, Avirex®, and Taste Beauty® and
operates a joint venture brand, Favorite Daughter, with Sara and
Erin Foster. The Company’s products are sold primarily in North
America through leading mass-market retailers, specialty and
department stores, and online. Centric Brands LLC has unparalleled
expertise in product design, development and sourcing, retail and
digital commerce, marketing, and brand building. The Company is
headquartered in New York City, with U.S. offices in Los Angeles
and Greensboro, and international offices in London, Toronto, and
Montreal. For more information about Centric Brands, please visit
www.centricbrands.com.
About Authentic Brands
Group
Authentic Brands Group (Authentic) is a unified platform that
integrates M&A, brand strategy, creativity and digital
innovation to unlock the power of its global Lifestyle and
Entertainment portfolio. It connects strong brands with
best-in-class partners to optimize long-term value in the
marketplace. As the world’s largest sports and entertainment
licensing company, Authentic’s brands generate more than $29
billion in global annual retail sales and have an expansive retail
footprint in 150 countries, including 13,300-plus freestanding
stores and shop-in-shops and 400,000 points of sale.
Authentic’s brand portfolio includes Shaquille O’Neal®, David
Beckham®, Sports Illustrated®, Dr. J®, Greg Norman®, Neil Lane®,
Thalia®, Marilyn Monroe®, Elvis Presley®, Muhammad Ali®, Reebok®,
Brooks Brothers®, Barneys New York®, Judith Leiber®, Ted Baker®,
Hunter®, Vince®, Hervé Léger®, Frye®, Nautica®, Juicy Couture®,
Vince Camuto®, Lucky Brand®, Aéropostale®, Forever 21®, Nine West®,
Sperry®, Rockport®, Eddie Bauer®, Boardriders®, Quiksilver®,
Billabong®, Roxy®, DC Shoes®, RVCA®, Spyder®, Volcom®, Prince®,
Izod®, Van Heusen®, Hart Schaffner Marx® and Thomasville®.
For more information, visit authentic.com. Follow Authentic on
LinkedIn, Instagram, X and WeChat.
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version on businesswire.com: https://www.businesswire.com/news/home/20240502719403/en/
Amy Rapawy arapawy@centricbrands.com Giana Elenterio
gelenterio@authentic.com