Centric Brands, LLC announced the acquisition of the Vingino Group, a Netherlands-based children’s fashion brand. Terms were not disclosed.
Centric Brands, which makes children’s offerings under licenses, said the acquisition “enables Centric to leverage Vingino’s operational and design infrastructure, benefiting from their extensive retail relationships across Europe, Central America and South America, and merchandising capabilities to help expand Centric’s Kids international business.”
Founded in 2001 by Marijke van Beek and Bennie Dekker, Vingino is a denim-focused, multi-category global brand that also offers adult fashion.
“Vingino’s design and sourcing strength, coupled with their EU and Central and South American networks and relationships, fit perfectly into our global growth strategy. We look forward to working closely with the Vingino team as an integral partner to strengthen and scale our international Kids platform,” said Centric Brands CEO Jason Rabin.
“We are proud to join the Centric Brands group and are looking forward to a new chapter in our business,” said Vingino CEO Jan van den Berg. “With Centric’s scale, expertise, and shared commitment to creativity and quality, we are excited to grow the Vingino brand.”
Centric Brands, based in New York, operates a portfolio that includes licenses for over 100 brands, including Calvin Klein, Tommy Hilfiger, Nautica, and Under Armour in the kid’s category; Buffalo, Hervé Léger, Joe’s Jeans and Off-White in the men’s and women’s apparel category; All Saints, Coach, Frye, Hunter, Kate Spade, Michael Kors, and Vince in the accessories category; and in the Sports & Entertainment category, Disney, Game 7, Marvel, Messi, Nickelodeon, and Warner Brothers among many others. The Company also owns and operates Avirex, Fiorelli, Hudson, Robert Graham, and Taste Beauty, and operates joint venture brands, Favorite Daughter, Jennifer Fisher, and John Elliot.
Image courtesy Vingino Group
