Robert Graham Completes Merger With Hudson Jeans
January 30, 2016 - fall Denim
Lifestyle code Robert Graham has finished a formerly announced partnership with denim tag Hudson Jeans, formulating a new publicly traded entity, Differential Brands Group Inc. The association will be listed on NASDAQ underneath a ticker DFBG and will be led by stream Robert Graham CEO Michael Buckley.
Buckley, who has prior public-company knowledge during True Religion, will be assimilated on a Differential house by Chairman William Sweedler. Sweedler is a co-founder and handling partner during Westport, Conn.-based Tengram Capital Partners, that sponsored a partnership transaction with a $50 million elite confidence investment.
According to a company, Differential will concentration on organically flourishing a owned labels by a tellurian omnichannel-distribution plan opposite wholesale, branded stores and e-commerce, and also will find opportunities to acquire interrelated brands.
The kinship between a dual labels began in September, when Hudson Jeans’ former owner, Joe’s Jeans Inc., was acquired by Sequential Brands Group Inc. and Global Brands Group Holding Ltd. In a process, Joe’s strew a Hudson label, pairing it adult with Robert Graham in a separate, $13 million transaction.
Launched in 2001 by designer Robert Stock, a Robert Graham tag has stretched from guys’ ready-to-wear to embody attire and accessories for both group and women. In tumble ’14, it debuted a line of men’s footwear with licensee LJP International, including classical silhouettes infused with a signature playfulness.
That imagination in difficulty enlargement could positively advantage a new sister label, that stagnated underneath a former owner. Could we, for instance, see some Hudson Jeans boots and boots in a future? Here’s anticipating we do.