The Online Investor
Textiles & Apparel M&A image Textiles & Apparel M&A » By The Online Investor Staff, updated Fri., Sep. 25, 12:42 AM Recent mergers and acquisitions in the Textiles & Apparel M&A category.

Slide #14. Sequential Brands Group REVO Brand

Acquirer: Sequential Brands Group (NASDAQ:SQBG)
Acquiree: REVO Brand
Details: Sequential Brands Group, Inc. (OTC:SQBG) ("Sequential" or the "Company") announced today that it has acquired the REVO brand, including all of the related intellectual property and certain other assets, from Oakley Inc. ("Oakley"), a company belonging to the Luxottica Group, for a gross purchase price of approximately $20 million in cash.

Sequential Brands Group owns a portfolio of consumer brands in the active and lifestyle categories, including, Jessica Simpson, AND1, Avia, Joe's and GAIAM. Co.'s brands are licensed for a range of product categories, including apparel, footwear, fashion accessories and home goods. In a wholesale license, a wholesale supplier is granted rights to a single or small group of related product categories for a particular brand for sale to various accounts within an approved channel of distribution and territory. In a direct-to-retail license, a single retailer is granted the right to sell branded products in a range of product categories through its brick and mortar stores and e-commerce sites.

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Company Name: 
Sequential Brands Group Inc (New)
Website: 
www.sequentialbrandsgroup.com
Sector: 
Textiles & Apparel
Number of ETFs Holding SQBG: 
3
Total Market Value Held by ETFs: 
$151167
Total Market Capitalization: 
$8.00M
% of Market Cap. Held by ETFs: 
1.89%
 

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Hold (2.00 out of 4)
100th percentile
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