Centric has made a comeback from bankruptcy.

License Global

October 14, 2020

1 Min Read

Centric Brands has emerged from bankruptcy after being one of the first large-scale companies to be hit by COVID-19.

The company was previously forced to shut its own stores including Joe’s Jeans, BCBG and Robert Graham banners. Now, the company says it is well capitalized with access to cash and liquidity.

"We now emerge with an optimized business structure, supportive partners, a qualified and engaged Board and strengthened financials," says Jason Rabin, chief executive officer, Centric Brands. "We look forward to maximizing our potential and creating opportunities for future growth."

For the latest news in licensing from companies in this category, click here.

Read more about:

Centric Brands

About the Author(s)

License Global

License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.

Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.

Subscribe for updates directly into your inbox.




Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.

You May Also Like