Business Daily.
.
A+ R A-

Joe’s Jeans and Robert Graham Announce Transformative Transactions That Will Create a New Omni-Channel, Premium Branded Consumer Platform

E-mail Print PDF
LOS ANGELES--(BUSINESS WIRE)--Joe’s Jeans Inc. (NASDAQ: JOEZ) (the "Company") and RG Parent LLC today announced two transformative transactions. First, the Company has agreed to sell the Joe’s® brand and operating assets for an aggregate purchase price of $80 million to two separate buyers, Sequential Brands Group Inc. (NASDAQ: SQBG) and Global Brands Group Holding Limited (SEHK Stock Code: 787). Proceeds from the transactions will be used to retire certain outstanding indebtedness, including a

imageimage
Grow Your Business with Times Media
Business Daily Media