Joe’s Jeans Announces Completion of Sale of its Joe’s® Brand to Sequential Brands Group

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LOS ANGELES--(BUSINESS WIRE)--Joe’s Jeans Inc. (NASDAQ: JOEZ) (the “Company”) announced today that it has completed the sale of certain of its operating and intellectual property assets related to the Joe’s® brand and business for an aggregate purchase price of $80 million, led by Sequential Brands Group, Inc. (NASDAQ: SQBG) (“SQBG”). SQBG acquired the Joe’s® brand for $67 million. Contemporaneously, Global Brands Group Holding Limited (SEHK Stock Code: 787) acquired certain operating assets fo

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