|Bid||2.3000 x 3000|
|Ask||2.6000 x 1000|
|Day's Range||2.1500 - 2.6300|
|52 Week Range||1.8000 - 5.5000|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2020 - May 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.00|
Zac Posen has a new owner.The designer brand as well as its intellectual property has been acquired by Centric Brands Inc., which handles licensing of apparel products and accessories for labels spanning from Under Armour and BCBG to Kate Spade and Timberland.As part of the transaction, which was announced today, the collective also snapped up Zac Posen's existing licenses and collaboration agreements from former owner Z Spoke LLC. The brand's licenses include women's handbags, small leather goods and accessories such as hosiery and leg wear."Zac is a talented and charismatic designer,” Centric Brands CEO Jason Rabin said in a statement. "This acquisition adds a global, marquee designer brand to our portfolio of ready-to-wear women's apparel and provides a platform to expand into new licensing categories, while supporting one of our strategies for growth."Posen is expected to "advise on all facets" related to creative direction, marketing and promotion of his namesake brand."I am so pleased that Centric Brands is committed to the Zac Posen brand and to building a new and relevant Zac Posen-branded world," said Posen. "I am looking forward to helping Jason and the team continue to identify and execute on strategic licensing opportunities and selectively build the brand's global distribution and omnichannel marketing strategy."Posen launched his namesake fashion label in 2001 and swiftly became a household name in the high-end designer fashion community.On Nov. 1, he shared plans to "cease business operations and carry out an orderly disposition of its assets." The company was in the midst of a sale process that included Yucaipa Cos., the investment firm founded by Ron Burkle, seeking to sell its stake in the label.Posen remains the creative director for American heritage fashion brand Brooks Brothers.Want more?Zac Posen's Former CFO Sues Shuttered Fashion House Over Alleged $170K in Unpaid ExpensesZac Posen Shutters BusinessTitan Industries Bolsters Business With Zac Zac Posen and RampageMore from Footwear News * Zac Posen's Former CFO Sues Shuttered Fashion House Over Alleged $170K in Unpaid Expenses * Zac Posen Shutters Business * Amal Clooney Looks Chic in Teal Outfit & Suede Pumps for Date Night
Centric Brands Inc., (NASDAQ: CTRC), a leading lifestyle brands collective, announced today the purchase of the Zac Posen brand and all related intellectual property previously held by Z Spoke, LLC. As part of the transaction, the Company also acquired all existing licenses and collaboration agreements from the predecessor business. The Company is not assuming any liabilities associated with the predecessor business.
Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, granted to Laura Ritchey, as an inducement to accept her appointment as Chief Operating Officer ("COO") of the Company, 400,000 restricted stock units (the "RSUs") with respect to the Company’s common stock, $0.10 par value ("Common Stock"). The grants were made as an inducement award and were not granted under the Company’s 2016 Stock Incentive Compensation Plan (the "2016 Plan"), but are subject to the same terms and conditions as the 2016 Plan.
Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, announces the appointment of Laura Ritchey as Chief Operating Officer, reporting to Mr. Jason Rabin, Chief Executive Officer.
What do High Point, Greensboro and Guilford County need to succeed? Panelists agree it starts with identity.
Sequential Brands Group, Inc. (“Sequential” or the “Company”) (SQBG), along with Jessica Simpson, announces a new, multi-year licensing agreement with Centric Brands Inc. to develop, manufacture and distribute the entertainer and entrepreneur's handbag and jewelry collections. “We are thrilled to be working with a powerhouse like Centric Brands on our handbags and jewelry collections,” Simpson said.
If you're interested in Centric Brands Inc. (NASDAQ:CTRC), then you might want to consider its beta (a measure of...
Centric Brands and its employees were welcomed to downtown Greensboro with a party to celebrate the Greensboro office's move to the renovated Old Greensborough Gateway Center.
When is SouthEnd Brewing Co. going to open? SouthEnd, located at 117 W. Lewis St. in downtown Greensboro, will occupy in an expanded and renovated former Gibb's Hundred location next to Fainting Goat Spirits and across the street from Boxcar Bar + Arcade. The newest addition to the Triad brewing industry, SouthEnd will open with 14 taps, 12 dispensing original brews from brewmaster William Brown and two with ciders from outside makers.
Read the beginning of this article here. The second most valuable stake in Gratia Capital’s equity portfolio was in a leading commercial and real estate advisory company Newmark Group Inc (NASDAQ:NMRK). This is actually a subsidiary of Newmark Knight Frank, which recently announced that its team from Chicago office was awarded the Greater Chicago Food […]
Centric Brands Inc. (the “Company”) (CTRC), a leading lifestyle brands collective, formerly Differential Brands Group Inc., today announced that it received a standard notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that, as a result of not having timely filed its annual report on Form 10-K for the year ended December 31, 2018 (the “Form 10-K”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission (“SEC”). This notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. Under Nasdaq’s listing rules, the Company has 60 calendar days from the date of the notice, or until June 17, 2019, to submit a plan to regain compliance.