Warning: call_user_func_array() expects parameter 1 to be a valid callback, function 'post_redirect' not found or invalid function name in /home/unoversion/public_html/wp-includes/class-wp-hook.php on line 288
Sequential Brands to Explore Strategic Alternatives – Rapida
Sequential Brands to Explore Strategic Alternatives

Sequential Brands Group Inc. mentioned Monday its board of administrators is conducting a broad evaluation of strategic alternate options targeted on maximizing shareholder worth. That may embrace the divestiture of a number of current manufacturers, the acquisition of a number of new manufacturers, a inventory buyback program, and different initiatives.
The board has employed Stifel to function its unique monetary adviser to assist in the method.
In addition, the corporate mentioned Karen Murray has stepped down as director and chief govt officer of Sequential. She will proceed to be a senior adviser and help the corporate on strategic alternatives. The board has begun a seek for a brand new ceo. Chad Wagenheim, govt vice chairman of strategic growth and operations, has been named president and can help the corporate throughout this transition interval.
Murray turned ceo of Sequential in March 2017, having beforehand been president of VF Sportswear, the place she oversaw the $1.2 billion world model Nautica, in addition to Kipling.
Sequential’s manufacturers embrace Joe’s, Ellen Tracy, Jessica Simpson, And1, Gaiam, William Rast, Heelys, Caribbean Joe and Avia. Last June, Sequential accomplished the sale of Martha Stewart Living Omnimedia for $166 million in money consideration at closing to Marquee Brands LLC.
Regarding the evaluation of strategic

Follow Interneton Twitter or change into a fan on Facebook.

Read More…

Do you like Aryabh's articles? Follow on social!

How's the Post?



Comments to: Sequential Brands to Explore Strategic Alternatives

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.


Write Story or blog.


Upload Status or Memes or Pics


Upload videos like vlogs.

More Formats

Coming Soon!

My Style

Your profile's Look

My Followers

People who follow you

My Interests

Your Posts Preference

My Bookmarks

Bookmarked Posts

My Following

People you follow


Your profile's Settings


Log out of Rapida

Sign In

Login to your Rapida Account


Create account on Rapida