ÂÒÂ×°ÍÊ¿ Corporation Completes Acquisition of Rock and Republic Brand
GREENSBORO, N.C.-- ÂÒÂ×°ÍÊ¿ Corporation (NYSE: ÂÒÂ×°ÍÊ¿C) announced today that it has completed its previously announced acquisition of the trademarks and related intellectual property of Rock and Republic Enterprises, Inc. for approximately $57 million. This marks the first transaction for ÂÒÂ×°ÍÊ¿'s Licensed Brands group, which was formed in July of 2009. Details related to licensing plans for the brand will be provided in the near future.
About ÂÒÂ×°ÍÊ¿ Corporation
ÂÒÂ×°ÍÊ¿ Corporation is a global leader in branded lifestyle apparel with more than 30 brands, including Wrangler(R), The North Face(R), Lee(R), Vans(R), Nautica(R), 7 For All Mankind(R), Eagle Creek(R), Eastpak(R), Ella Moss(R), JanSport(R), lucy(R), John Varvatos(R), Kipling(R), Majestic(R), Napapijri(R), Red Kap(R), Reef(R), Riders(R)and Splendid(R).
ÂÒÂ×°ÍÊ¿ Corporation's press releases, annual report and other information can be accessed through the Company's home page, .
Source: ÂÒÂ×°ÍÊ¿ Corporation
Released March 30, 2011