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
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