Calvin Klein is a brand of Global Brands Group. Credit: JCDecaux Creative Solutions.

Global premium branded consumer platform Differential Brands Group (DFBG) has signed a definitive purchase agreement to acquire a significant stake in Global Brands Group Holding’s (GBG) North American licencing business for $1.38bn.

GBG’s North American licencing business comprises of various licensed brands such as Disney, Star Wars, Calvin Klein, Under Armour, Tommy Hilfiger, BCBG, bebe, Joe’s, Buffalo David Bitton, Frye, Michael Kors, Cole Haan, and Kenneth Cole.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The acquisition will create a leading North American consumer platform generating revenues in excess of $2.3bn.

GBG North America current president Jason Rabin said: “We are thrilled to join Differential Brands Group and lead our combined platform by leveraging our expansive infrastructure, distribution and sourcing networks to drive growth, and we look forward to working with the Differential management team and Tengram to help support the company’s growth as it capitalises on promising market opportunities.”

“Jason and his team plan to invest significant capital into this transaction, which will transform Differential into a large-scale North American branded platform.”

DFBG board of directors chairman William Sweedler added: “Jason and his team plan to invest significant capital into this transaction, which will transform Differential into a large-scale North American branded platform.

“We are confident this transaction will create tremendous value for our stockholders, as well as provide enhanced opportunities in North America for our brands and business partners.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The purchase price for the transaction will be paid in cash, which is scheduled to close in the third quarter this year. It is subject to satisfaction or waiver of various customary closing conditions.

Ares Capital Management, HPS Investment Partners and GSO Capital Partners are providing financial support to fund the transaction.