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Stock impact report

Badgley Mischka Is Acquired in a New Joint Venture [Yahoo! Finance]

PVH Corp. (PVH) 
Last pvh corp. earnings: 4/1 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pvh.com/investor-relations
Company Research Source: Yahoo! Finance
Financial terms of the deal are not being revealed, according to ACI Licensing's cofounder and co-chief chief executive officer Andy Cohan. The projected volume for the new entity was also not disclosed, he said. More from WWD Gabriela Hearst, Willy Chavarria and Padma Lakshmi Turn Up for ACLU Event Art Deco Turns 100: How Will You Celebrate? Banksy's Work Stops Shoppers at Brookfield Place As part of the deal, the Houston-based Established will maintain 51 percent of the ownership and ACI Licensing will hold 49 percent of the joint venture. The move expands Established's portfolio beyond the electronics sector and into fashion. The quartet of American labels offer apparel, accessories, footwear and home furnishings. The joint venture has secured complete ownership of the Badgley Mischka, C&C California, and Kay Unger intellectual property, and a 71 percent stake in the Rachel Rachel Roy brand. ACI Licensing had acquired C&C California in 2016, and Kay Unger in 2017 and l Show less Read more
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