Centric Brands acquires Fownes Brothers & Co. licenses

Centric Brands announced on Wednesday it has acquired select assets of Fownes Brothers & Co., as the U.S. management firm looks enhance its portfolio and strengthen its grip on the cold-weather accessories market.

Under the deal, the U.S. management firm will assume key licenses including Ugg, Timberland, and Cole Haan, as well as private label manufacturing agreements with The North Face and Lululemon. 

Moreover, Andrew Gluckman will join the Centric Brands team as SVP, division head cold-weather, overseeing the acquired licenses and supporting the continued growth of the broader cold weather accessories division, according to a press release.

“We are excited to welcome Andrew and the Fownes Brothers legacy into Centric Brands,” said Jason Rabin, chief executive officer at Centric Brands, whose portfolio includes Avirex, Fiorelli, Hudson, Robert Graham, and Taste Beauty.

“Our growth strategy is built upon developing powerful, scalable brands across key categories, and this acquisition meaningfully advances that approach. By integrating the Fownes Brothers business into our accessories platform, we are expanding our capabilities, accelerating scale, and positioning the business for sustained, profitable growth.”

Established in 1777 by Tom Gluckman and the Gluckman Family as leather glove manufacturer in Worcester, England, Fownes Brothers is an importer and distributor of licensed and private label cold-weather accessories.