The brand group announced on Wednesday that it has entered into an agreement to acquire the majority of the North American licensing business, which has a portfolio including Disney, Calvin Klein and Under Armour.
The apparel company released its Q1 2018 results on Wednesday, posting widening losses due to declines in its wholesale segment, and announcing the appointment of Maria Borromeo as president of Hudson Jeans.
Differential Brands released on Monday its fourth-quarter and full-year financial results, which included an increase in net sales for both periods. It is also developing a new line of sportswear at its Hudson brand.
Differential Brands, which includes Hudson Jeans, Robert Graham and Swims, announced its positive Q1 2017 financial results with net sales increasing 19% in part due to developing the Hudson Jeans e-commerce site.
Differential Brands' sales increased in the third quarter, as overall gross margins decreased. The U.S. brand's acquisition of label Swims contributed to the company's net loss for the prior three months.
Differential Brands second quarter sales benefits from the inclusion of Hudson Brands. The denim brand helped double sales and increase profit along with the revamp of Robert Graham and the opening of nine new stores.