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DFBG Centric Brands (delisted)

5.09
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Centric Brands (delisted) NASDAQ:DFBG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.09 4.75 5.09 0 01:00:00

Differential Brands Group Partners with Throat Threads Apparel to Relaunch Hudson Jeans in Canada

19/12/2017 11:00am

Business Wire


Differential Brands Group Inc. (NASDAQ:DFBG)
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Differential Brands Group Inc. (NASDAQ:DFBG), a portfolio of global consumer brands comprised of Hudson Jeans, Robert Graham and SWIMS, today announced that it has entered into a partnership with Throat Threads Apparel to relaunch the premium denim line, Hudson Jeans, into Canada.

Under new design direction from seasoned denim innovator, Zihaad Wells, Hudson Jeans is injecting a rebellious energy into the denim world. The new direction of Hudson Jeans will resonate with the ‘denim-devotee’ with an emphasis on lifestyle and the expansion of sportswear.

“We are very excited to be a part of the rebirth of Hudson Jeans. They will continue to push boundaries with their product style and customers’ expectations. By combining our customer service infrastructure, replenishment programs and expertise with Hudson’s progressive product mix, Hudson Jeans will be a brand to watch for 2018,” says Candice MacNay, Sales Director of Throat Threads Apparel.

“We look forward to partnering with Throat Threads Apparel for the Canadian market. They have a proven reputation of building premium brands in the best retailers across Canada,” says Michael Buckley, CEO of Differential Brands Group.

ABOUT DIFFERENTIAL BRANDS GROUP

Differential Brands Group Inc. (NASDAQ:DFBG) is a platform that focuses on branded operating companies in the premium apparel, footwear and accessories sectors. Our focus is on organically growing our brands through a global, omni-channel distribution strategy while continuing to seek opportunities to acquire accretive, complementary, premium brands.

Our current brands are Hudson®, a designer and marketer of women's and men's premium, branded denim and apparel, Robert Graham®, a sophisticated, eclectic apparel and accessories brand seeking to inspire a global movement, and SWIMS®, a Scandinavian lifestyle brand best known for its range of fashion-forward, water-friendly footwear, apparel and accessories. For more information, please visit Differential's website at: www.differentialbrandsgroup.com.

ABOUT THROAT THREADS APPAREL

Established in 1993, Throat Threads Apparel is a leader in the sales, marketing and distribution of men’s and women’s sportswear in Canada and the U.S. for many recognizable brands including John Varvatos, Robert Graham, Brax, NYDJ, Good Man Brand, Digel, Adidas, Base London and Parker. The success of these brands in the apparel industry has allowed Throat Threads Apparel to establish itself as an authority in brand development and strategic retail product placement.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The matters discussed in this news release involve estimates, projections, goals, forecasts, assumptions, risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. All statements in this news release that are not purely historical facts are forward-looking statements, including statements containing the words “may,” “will,” “expect,” “anticipate,” “intend,” “estimate,” “continue,” “believe,” “plan,” “project,” “will be,” “will continue,” “will likely result” or similar expressions. Any forward-looking statement inherently involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to: the anticipated benefits of the RG Merger and acquisition of SWIMS on the Company’s financial results, business performance and product offerings; the Company’s ability to successfully integrate the Company’s brands and realize cost savings and any other synergy; the risk that the credit ratings of the combined company or its subsidiaries may be different from what the Company expects; continued acceptance of our product, product demand, competition, capital adequacy, general economic conditions and the potential inability to raise additional capital if required; the risk that the Company will be unsuccessful in gauging fashion trends and changing customer preferences; the risk that changes in general economic conditions, consumer confidence, or consumer spending patterns will have a negative impact on the Company’s financial performance; the highly competitive nature of the Company’s business in the United States and internationally and its dependence on consumer spending patterns, which are influenced by numerous other factors; the Company’s ability to respond to the business environment and fashion trends; continued acceptance of the Company’s brands in the marketplace; and other risks. The Company discusses certain of these factors more fully in its additional filings with the SEC, including its annual report on Form 10-K for the fiscal year ended December 31, 2016 and subsequent quarterly reports on Form 10-Q filed with the SEC, and this release should be read in conjunction with those reports, together with all of the Company’s other filings, including current reports on Form 8-K, through the date of this release. The Company urges you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this release.

Differential Brands Group Inc.Investor Relations:Bob RossChief Financial Officer323.558.5115

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