Home / Knowledge / News / Fashion / Infinity Lifestyle and Hilco buy out Le Tigre
Infinity Lifestyle and Hilco buy out Le Tigre
09
Nov '15
Infinity Lifestyle Brands, the Infinity Group's consumer products and brand management platform and Hilco Inc., part of the financial services company Hilco Global, have acquired the iconic fashion brand Le Tigre from Kenneth Cole Productions in a private asset sale.

As joint venture partners, Infinity and Hilco Inc. have purchased all IP assets (trademarks, goodwill, domain names) and license agreements of Le Tigre branded apparel in a private sale which closed in August of this year, Hilco Global said in a press release.

The brand was owned and operated by Kenneth Cole Productions which purchased the venerable label in 2007 and had successfully developed several licensing and distribution agreements with Bon Ton Stores, Inc. since that time.

Ike S. Franco, CEO of the Infinity Group said, "Acquiring the Le Tigre brand is a fantastic addition to our current brand portfolio. The Le Tigre name is such a recognized and memorable label which we believe has significant growth potential and licensing opportunities globally."

Jeffrey B. Hecktman, Chairman and CEO of Hilco Global said "The Le Tigre label has both intrinsic and potential brand value which is clearly underleveraged within the lifestyle apparel segment of the marketplace."

Both Hilco Brands and Infinity Lifestyle Brands are recognized brand turnaround specialists, together having restructured and revitalized many underleveraged consumer brands and retail companies including Polaroid, Altec Lansing, Miss America, The Sharper Image, Linens 'n Things, and more.

Hecktman said "The unique team of retail brand experts that we've put together has a very deep understanding of the consumer retail marketplace and a successful track record of repositioning apparel brands and work in fashion merchandising and manufacturing businesses."

Franco indicated that as partners, the Infinity and Hilco team will seek to reinvigorate the iconic label and create a global presence, building new revenue streams through strategic initiatives such as brand licensing, launching new designs, expanding store within a store distribution and increased brand marketing. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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