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Tag: exit

Tailored Brands sells rights to Joseph Abboud; designer to exit

Get great content like this right in your inbox. Subscribe Tailored Brands is selling the Joseph Abboud trademarks to a brand acquisition firm for $115 million.  The menswear retailer said it will sell the Joseph Abboud trademarks to New York-based brand acquisition and management firm WHP for $115 million. It has also entered into a …

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Lululemon to exit its kids’ business

Get great content like this right in your inbox. Subscribe Lululemon will close its remaining Ivivva kids stores as it focuses its efforts on its expanding core and men’s businesses. The news was reported by CNBC, which said that the retailer will close the remaining seven freestanding Ivivva stores by the middle of next year. …

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