×
334
Fashion Jobs
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Chatra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager (up)
Permanent · Mirzapur
FINO PAYMENTS BANK
Territory Sales Manager - Merchant & Distributor Onboarding - wb
Permanent · Cooch Behar
SUGUNA FOODS PRIVATE LIMITED
Area Sales Manager-Animal Health Products Sales (Bangalore)
Permanent · Bengaluru
MUTHOOT FINCORP LTD
Area Manager - Chennai
Permanent · Chennai
SUGUNA FOODS PRIVATE LIMITED
Area Sales Manager-Animal Health Products Sales (Bangalore)
Permanent · Bengaluru
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Katihar
VIJAY SYSTEMS ENGINEERS PVT LTD ( UMBERGOAN)
Production Manager
Permanent · Vapi
VIDVAS HR SOLUTIONS PRIVATE LIMITED
sr Manager - Production . Only Leather Bags Exp - Chennai
Permanent · Chennai
SHREE SADGURU MASALA & SPICES IND PVT LTD
Regional Sales Manager
Permanent · Navi Mumbai
MAGNATEK ENTERPRISES
Looking For Area Sales Manager
Permanent · Chennai
BANDHAN LIFE SCIENCE PRIVATE LIMITED
Area Sales Manager
Permanent · Kolkata
WINGS PHARMACEUTICALS
Area Sales Manager - Generic Division
Permanent · Ludhiana
FIRST SOLUTION
Agency Development Manager/Recruitment Development Manager(Insurance)
Permanent · Pune
NCL INDUSTRIES LIMITED (BISON PANEL)
Area Sales Manager - Hyderabad (Boards Division)
Permanent · Hyderabad
LN GLOBAL CAREER SERVICES LLP
Required Regional Sales Manager For Pharmaceutical Company
Permanent · Chennai
LN GLOBAL CAREER SERVICES LLP
Required Zonal Sales Manager For Pharmaceutical Company
Permanent · Chennai
LEVI'S
Group Product Manager
Permanent · Bengaluru
AVENUE SUPERMARTS LIMITED
Excellent Opportunity With Dmart _ Production Managers
Permanent · Chikmagalur
ENOAH I SOLUTION INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Bengaluru
KISHOR EXPORTS
Garment Technician
Permanent · Agra
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Delhi / Ghaziabad
Permanent · Ghaziabad
Published
Mar 20, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

VF Corporation to sell Nautica to Authentic Brands Group

Published
Mar 20, 2018

Greensboro, North Carolina-based apparel company VF Corporation announced on Monday that it has entered into a definitive agreement to sell its Nautica brand to NYC brand management company Authentic Brands Group, LLC.


Terms of the agreement were not disclosed - Nautica

 
Bank of America Merrill Lynch acted as VF’s exclusive financial advisor on the transaction, while Davis Polk & Wardwell LLP continues to support the group as its legal advisor.
 
“As part of VF’s global business strategy, we’ve stated that our highest priority is to actively manage our brand portfolio to ensure that its composition positions us to accelerate growth”, stated VF Chairman, President and CEO Steve Rendle in a release. “This announcement marks yet another example of how we’re delivering on our commitment. We are pleased to have reached this agreement with Authentic Brands Group.”

The deal comes on the heels of VF’s announcement of its acquisition of performance footwear brand Altra, as the company continues to reorganize its portfolio to maximize its growth potential.
 
Jamie Salter, chairman and CEO of ABG, commented, “We are thrilled to welcome Nautica to the ABG portfolio and are ready to take the helm of this classic American brand.”
 
Founded in 1983, nautical-inspired American brand Nautica is a mid-range to high-end apparel label currently available in more than 65 countries.
 
VF Corporation currently owns a varied portfolio of lifestyle brands such as Vans, The North Face, Timberland, Wrangler and Lee.
 
Authentic Brands Group manages more than 30 global consumer brands and operates through over 2,300 locations worldwide. The ABG portfolio includes Juicy Couture, Herve Leger and Airwalk.
 
The transaction is expected to close in the first half of 2018 but is subject to standard closing conditions and regulatory approvals.
 
Details concerning the terms of the agreement were not disclosed.

Copyright © 2021 FashionNetwork.com All rights reserved.