Global Brands Group purchases a majority stake in Sean John, Sean “Diddy” Combs' men’s lifestyle brand, as well as Combs’ hip-hop fashion brand Enyce. Sean John, which has annual retail sales of $450 million, operates under a completely licensed model; current licensees and an exclusive retail partnership with Macy's will be retained. Cherokee Global Brands (owner of Cherokee, … [Read more...] about Mergers & Acquisitions
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