Centric Brands Acquires Select Assets and Licenses from Fownes Brothers & Co.
January 7, 2026
Centric Brands acquired select operations, assets, and intellectual property from Fownes Brothers & Co., including key cold-weather accessory licenses (Ugg, Timberland, Cole Haan) and private-label manufacturing agreements with The North Face and lululemon. As part of the deal Andrew Gluckman joins Centric as SVP, Division Head Cold-Weather to support integration and growth of Centric’s accessories platform.
- Buyers
- Centric Brands
- Targets
- Fownes Brothers & Co., Inc.
- Sellers
- Fownes Brothers & Co., Inc., Tom Gluckman / Gluckman Family
- Industry
- Consumer Products
- Location
- New York, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Centric Brands Acquires Hosiery Division From Daytona Apparel Group
March 24, 2022
Consumer Products
Centric Brands LLC has acquired the hosiery division of Daytona Apparel Group (a portfolio owned by Windsong Brands), closing March 24. The hosiery business will be integrated into Centric’s accessories division, with several Daytona hosiery associates joining Centric and Centric assuming certain license agreements including Stanley, Free Country, Real Tree, and Umbro.
-
Weyco Group Acquires Forsake Brand
June 7, 2021
Consumer Products
Weyco Group, Inc. acquired substantially all operating assets and certain liabilities of Forsake, Inc., including the Forsake brand, for approximately $2.5 million plus contingent payments. Forsake will join Weyco's outdoor division (together with BOGS) to expand Weyco's presence in the outdoor footwear market; Forsake's co-founders joined Weyco to continue leading the business.
-
Centric Brands Acquires Pastourelle
June 17, 2021
Consumer Products
Centric Brands LLC has acquired Pastourelle, a portfolio of girls' clothing brands including Pippa & Julie and Mia & Mimi. The purchase is intended to complement and expand Centric's girls' dress business by leveraging Centric's sourcing, production and distribution capabilities while retaining the Pastourelle team's creative leadership.
-
Authentic Brands Group Takes GUESS? Private
January 23, 2026
Retail
Authentic Brands Group has completed a transaction to take GUESS? private, acquiring 51% of substantially all GUESS? intellectual property while existing GUESS? shareholders (the Marciano family and others) retain 49% of the IP. Current GUESS? management will own and operate the operating company and continue to run the business, with the deal intended to accelerate brand growth, category and geographic expansion through Authentic's platform.
-
Designer Brands Acquires Topo Athletic
December 19, 2022
Consumer Products
Designer Brands Inc. has acquired Topo Athletic, a performance athletic and outdoor footwear brand headquartered in Framingham, Massachusetts. The deal brings Topo into Designer Brands' Owned Brands portfolio to expand its presence in the performance athletic, outdoor and athleisure categories; terms were not disclosed and Topo's founder Tony Post will remain as CEO of Topo reporting to Designer Brands' president.
-
The Renco Group Acquires Renfro Brands
June 9, 2021
Manufacturing
The Renco Group, a private, family-owned investment holding company based in New York, has acquired Renfro Brands, a century-old sock designer, manufacturer and brand steward headquartered in Mount Airy, North Carolina. The acquisition will support The Renco Group's manufacturing portfolio expansion and fund investments in Renfro's brand management, consumer connectivity and supply chain resilience.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.