Home / Knowledge / News / Apparel/Garments / Hudson Jeans, Robert Graham merge for new brand
Hudson Jeans, Robert Graham merge for new brand
01
Feb '16
Joe's Jeans Inc. which owns Hudson Jeans, has announced the completion of a merger combining Hudson Jeans and Robert Graham, pursuant to an Agreement and Plan of Merger dated September 8, 2015.

Concurrent with the closing of the transaction, the Company has been renamed Differential Brands Group Inc. and will remain publicly listed on NASDAQ under the ticker DFBG, Joe's Jeans Inc. said in a press release. The name change signifies the transformation of the standalone Hudson Jeans and Robert Graham businesses into a unified consumer platform.

Joe's Jeans Inc. had bought Hudson Clothing in 2013 for about $100 million. But that acquisition did not quite work out, forcing Joe's Jeans Inc. to finally merge Hudson Jeans with Robert Graham.

The strategic combination of Hudson Jeans and Robert Graham will serve as the initial foundation for Differential, which will focus on organically growing its owned brands through a global, omni-channel distribution strategy across premium wholesale channels, direct-to-consumer retail stores and e-commerce, while seeking opportunities to acquire accretive, complementary, premium brands.

Michael Buckley, current Chief Executive Officer of Robert Graham, who has previous public company leadership experience at True Religion, and has also worked at Diesel and Ben Sherman, will lead Differential as Chief Executive Officer.

“I believe Differential is uniquely positioned to become one of the foremost premium omni-channel brand platforms in the world, and I am thrilled with the opportunity to lead the company as Chief Executive Officer and to work closely with the Board of Directors and Tengram Capital Partners in the years to come,” Buckley said.

Private equity firm Tengram Capital Partners sponsored the transaction between Hudson Jeans and Robert Graham.

Sweedler, Co-Founder and Managing Partner of Tengram Capital Partners, added, “Tengram is thrilled to sponsor this unique transaction and to have the opportunity to create a new transformative public platform focused on wholesale operating companies with strong brands that possess the potential to grow through global omni-channel distribution.” Sweedler further added, “We believe Differential fills a void in the US public market landscape by focusing exclusively on brands that develop products for consumers shopping at premium retailers.” (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X