|This Slide: #14 of 31|
Slide #14. Sequential Brands Group — REVO Brand
Sequential Brands Group (NASDAQ:SQBG)
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 is a licensing and brand management company. Co. owns consumer brands in the home, active and fashion categories, including Martha Stewart, Jessica Simpson, AND1, Avia, Joe's and GAIAM. Co. has license agreements with partners that are responsible for manufacturing and distributing its licensed products and primarily responsible for the design of such licensed products. Co.'s brands are licensed for a range of product categories, including apparel, footwear, fashion accessories and home goods, as well as, with respect to its Martha Stewart brand, food, wine and a variety of media related assets, such as magazines, books and other print and digital content.
Open the SQBG Page at The Online Investor »
Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite