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Fownes Brothers, first established in 1777 as a premier leather glove manufacturer in Worcester, England and family-owned by Tom Gluckman and the Gluckman Family, is a premier importer and distributor of licensed and private label cold-weather accessories with a reputation for craftsmanship, technical expertise, and deep retail partnerships.<\/p>\n
Centric Brands has acquired select assets of Fownes Brothers & Co, covering cold-weather accessories operations, intellectual property and sourcing.
\nThe deal adds licences including Ugg, Timberland and Cole Haan, alongside private-label manufacturing for The North Face and Lululemon.
\nAndrew Gluckman joins as SVP to lead the division, strengthen category leadership and drive scalable, profitable growth.<\/p>\n
As part of the acquisition, Centric Brands will assume key licenses including Ugg, Timberland, and Cole Haan, as well as private label manufacturing agreements with The North Face and lululemon. These additions further enhance Centric Brands\u2019 portfolio and strengthen its leadership in the cold-weather accessories market.<\/p>\n
Additionally, Andrew Gluckman will join the Centric Brands team as SVP, Division Head Cold-Weather, overseeing the acquired licenses and supporting the continued growth of the broader cold weather accessories division.<\/p>\n
\u201cWe are excited to welcome Andrew and the Fownes Brothers legacy into Centric Brands,\u201d said Jason Rabin, Chief Executive Officer at Centric Brands<\/strong><\/em>. \u201cOur growth strategy is built upon developing powerful, scalable brands across key categories, and this acquisition meaningfully advances that approach. By integrating the Fownes Brothers business into our accessories platform, we are expanding our capabilities, accelerating scale, and positioning the business for sustained, profitable growth.\u201d<\/p>\n \u201cBy integrating these world-class licenses and private label relationships into our portfolio\u2014and with Gluckman\u2019s leadership\u2014we are well-positioned to expand our accessories business and deliver innovative, high-quality products to consumers across all retail channels,\u201d said Jarrod Kahn, Group President, Accessories at Centric Brands<\/strong><\/em>. \u201cThis acquisition strengthens our ability to drive category leadership, optimize sourcing and production, and deliver differentiated product across multiple retail channels.\u201d<\/p>\n \u201cThis marks a new chapter for Fownes Brothers,\u201d said Tom Gluckman, co-founder of Fownes Brothers & Co<\/strong><\/em>. \u201cOur family is proud of the legacy we have built in cold-weather accessories, and we are thrilled to bring that expertise and our valued partnerships into Centric Brands.\u201d<\/p>\n This acquisition reflects Centric Brands\u2019 strategy of expanding through strategic partnerships and acquisitions whether owned, licensed through Centric Ventures, building best-in-class offerings across key lifestyle categories.<\/p>\n
<\/p>\n Fibre2Fashion News Desk (RM)<\/p>\n
\n <\/p><\/div>\n\tNote: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.<\/h6>\n