Done Deals: JD Sports Sells Licensing Subsidiary & More News [Yahoo! Finance]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Yahoo! Finance
Jan. 29, 2024: JD Sports has sold its apparel brand licensing subsidiary Focus Brands to Hela Apparel Holdings PLC , a Sri Lankan apparel manufacturer. Focus Brands holds licensing agreements for the design and distribution of Ellesse and Nautica as well as other brands across the UK, EU and other markets. “The addition of Focus Brands to the Hela Group is a watershed moment for us as an organisation,” chairman of Hela Apparel Holdings PLC A. R. Rasiah said in a statement. “We see immense potential to build significant synergies with our existing manufacturing business, supported by the addition of a Focus Brands well-experienced team of over 200 who have a proven track record of successfully growing major apparel brands.” More from Footwear News Footwear's Second Half Hopes for Deal-Making Lululemon Set to Close Its Pacific Place Store in Seattle Later This Month: Reports Jan. 22, 2024: True Religion has inked a new footwear licensing agreement with Orly Corporation , a New
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