Centric Brands
- Revenue$596.6 MFY, 2018
- Market Capitalization$9.7 M2020-10-21
OverviewSuggest Edit
Centric Brands (formerly Differential Brands Group) engages in the design, development, sale, and licensing of apparel products and accessories under the Robert Graham brand name. It operates through Wholesale and Consumer Direct segments. The Company's product line includes men's sport clothing, shoes, belts, small leather goods, dress shirts, neckwear, tailored clothing, headwear, eye and sun glasses, jewelry, underwear, and fragrances for men, and women's apparel. It also offers denim jeans, pants, shirts, jackets, and other bottoms for women, men, and children under the Hudson brand name, and footwear and apparel products and accessories under the SWIMS brand name, as well as licenses Hudson children's products.
| Type | Public | |
| Founded | 1987 | |
| HQ | New York, NY, US | Map |
| Website | centricbrands.com | |
| Employee Ratings |
Recent NewsAll News
- Centric Brands and PE-backed WHP to acquire Joe’s Jeans brand
- Intrinsic Launches Out of Stealth with $113 Million in Series A led by Define Ventures to Acquire Amazon Centric Brands in the Health & Wellness Category
- Hyatt Centric Downtown Portland Opens Today as the Hyatt Centric Brands First Hotel in the Pacific Northwest
- Sequential Brands Group and Jessica Simpson Announce New Partnership with Centric Brands for Handbag and Jewelry Collections
Key People/Management at Centric Brands
Jason Rabin
Chief Executive Officer
Anurup Pruthi
Chief Financial Officer
Joe Favuzza
Chief Strategy Officer and President, Business Development
Roger Czuchra
Chief Information Officer
Suzy Biszantz
Group President
Jarrod Kahn
Group President, Accessories
Centric Brands Office Locations
Centric Brands has offices in New York, Greensboro, Los Angeles and Montréal
New York, NY, US (HQ)
350 5th Ave
Greensboro, NC, US
620 S Elm St
Los Angeles, CA, US
1580 Jesse St
Montréal, CA
400 Rue Sauvé O
Centric Brands Financials and Metrics
Centric Brands Revenue
Centric Brands's revenue was reported to be $596.6 m in FY, 2018 which is a 363564.2% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2019) | 712.4m |
Gross profit (Q3, 2019) | 178.3m |
Gross profit margin (Q3, 2019), % | 25% |
Net income (Q3, 2019) | (9.0m) |
EBIT (Q3, 2019) | 39.7m |
Market capitalization (21-Oct-2020) | 9.7m |
Closing stock price (21-Oct-2020) | 0.0 |
Cash (30-Sept-2019) | 19.0m |
EV | 1.2b |
Centric Brands's current market capitalization is $9.7 m.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 33.7m | 32.4m | 41.2m | 40.1m | 36.5m | 42.4m | 38.8m | 36.0m | 39.8m | 528.9m | 423.2m | 712.4m |
Cost of goods sold | 13.4m | 15.3m | 20.8m | 21.5m | 20.2m | 24.3m | 22.6m | 21.5m | 22.7m | 410.0m | 311.6m | 534.2m |
Gross profit | 20.3m | 17.1m | 20.3m | 18.6m | 16.2m | 18.1m | 16.3m | 14.5m | 17.2m | 118.9m | 111.7m | 178.3m |
Gross profit Margin, % | 60% | 53% | 49% | 46% | 44% | 43% | 42% | 40% | 43% | 22% | 26% | 25% |
Annual
Quarterly
| USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 11.6m | 12.3m | 11.5m | 12.8m | 14.1m | 14.9m | 16.0m | 349.0k | 424.0k | 964.0k | 1.1m | 828.0k | 368.0k | 11.4m | 8.4m | 4.4m | 4.0m | 6.3m | 2.8m | 4.3m | 5.0m | 3.5m | 25.2m | 14.3m | 19.0m |
Accounts Receivable | 1.8m | 2.0m | 1.6m | 1.4m | 2.5m | 2.9m | 1.5m | 4.1m | 4.8m | 10.8m | 1.6m | 1.4m | 142.0k | 2.0m | 1.5m | 2.9m | 22.7m | 17.0m | 23.7m | 24.5m | 18.1m | 21.5m | 26.4m | 24.7m | 18.2m |
Prepaid Expenses | 1.6m | 971.0k | 589.0k | 594.0k | 1.0m | 1.3m | 710.0k | 4.9m | 2.7m | 1.4m | 1.7m | 2.1m | 1.5m | 1.7m | 2.0m | 2.6m | 3.7m | 5.5m | 5.2m | 6.2m | 7.1m | 5.2m | 76.6m | 84.7m | 83.4m |
Inventories | 24.9m | 27.5m | 30.2m | 31.9m | 30.5m | 30.9m | 33.7m | 54.1m | 58.2m | 58.1m | 58.1m | 48.6m | 15.4m | 27.4m | 26.8m | 29.8m | 28.5m | 30.6m | 38.0m | 33.9m | 31.3m | 33.6m | 294.2m | 416.2m | 443.3m |
Annual
Quarterly
| USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (1.1m) | 794.0k | 2.2m | 3.6m | (6.4m) | (5.2m) | (10.1m) | (12.9m) | (2.3m) | (6.4m) | (6.6m) | (4.1m) | (9.8m) | (20.3m) | (81.9m) | (161.1m) | (170.1m) | ||||||||
Depreciation and Amortization | 887.0k | 276.0k | 616.0k | 979.0k | 492.0k | 1.0m | 2.9m | 4.5m | 1.5m | 3.0m | 4.5m | 1.5m | 2.9m | 4.3m | 23.0m | 46.6m | 71.7m | ||||||||
Inventories | (4.5m) | (6.6m) | (13.8m) | (2.4m) | 88.0k | (2.1m) | 40.2m | (82.2m) | (88.2m) | ||||||||||||||||
Accounts Payable | 2.2m | 7.9m | (416.0k) | 321.0k | 9.5m | (36.5m) | 112.3m | 184.5m |
| USD | Q3, 2011 |
|---|---|
Financial Leverage | 1.3 x |
Centric Brands Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Global Brands Group | June 28, 2018 | $1.38 b |
Centric Brands Revenue Breakdown
Centric Brands revenue breakdown by business segment: 25.7% from Consumer Direct, 72.6% from Wholesale and 1.7% from Other
Centric Brands Cybersecurity Score
Centric Brands Environment, Social & Governance (ESG) Ratings
Centric Brands Online and Social Media Presence
Centric Brands's Trends
Centric Brands News and Updates
November 05, 2021
Centric Brands and PE-backed WHP to acquire Joe’s Jeans brand
Centric Brands LLC and WHP Global have agreed to acquire Joe's Jeans brand, a provider of denim resources.
June 03, 2021
Intrinsic Launches Out of Stealth with $113 Million in Series A led by Define Ventures to Acquire Amazon Centric Brands in the Health & Wellness Category
NEW YORK, June 3, 2021 /PRNewswire/ -- Intrinsic, an emerging leader in the health & wellness eCommerce space, has closed $113 million in Series A funding led by Define Ventures with participation from Link Ventures and others. Intrinsic was founded earlier this year in partnership with...
February 11, 2020
Hyatt Centric Downtown Portland Opens Today as the Hyatt Centric Brands First Hotel in the Pacific Northwest
CHICAGO (February 10, 2020) – Hyatt Hotels Corporation (NYSE:H) today announced the opening of Hyatt Centric Downtown Portland in Oregon, the first Hyatt Centric hotel in the Pacific Northwest. The 220-room hotel is located in the heart of Portland’s hip West End District, just steps from high-end e…
November 15, 2019
Sequential Brands Group and Jessica Simpson Announce New Partnership with Centric Brands for Handbag and Jewelry Collections
NEW YORK, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Sequential Brands Group, Inc. (“Sequential” or the “Company”) (Nasdaq:SQBG), along with Jessica Simpson, announces a new, multi-year licensing agreement with Centric Brands Inc. to develop, manufacture and distribute the entertainer and entrepreneur's ha…
Centric Brands Blogs
July 26, 2022
’90S HIP-HOP’S FAVORITE OUTERWEAR LABEL IS BACK IN A BIG WAY
90’S HIP-HOP’S FAVORITE OUTERWEAR LABEL IS BACK IN A BIG WAY July 19, 2022 Wind the clock back 25 years and the world of streetwear looked a whole lot different. For starters, luxury and streetwear were two, very distinct aspects of the fashion landscape. Rappers were a long way from wearing full Ba…
June 30, 2022
CENTRIC BRANDS CELEBRATES PRIDE THROUGH EXPANDED PARTNERSHIPS AND COMMUNITY BUILDING
CENTRIC BRANDS CELEBRATES PRIDE THROUGH EXPANDED PARTNERSHIPS AND COMMUNITY BUILDING June 30, 2022 Celebrating and honoring our LGBTQIA+ associates and their allies around the world is a fundamental role to creating a safe, inclusive and equitable workplace at Centric Brands. Pride is an important c…
June 22, 2022
ASSOCIATE SPOTLIGHT SERIES: AN INTERVIEW WITH CHRIS REN
ASSOCIATE SPOTLIGHT SERIES: AN INTERVIEW WITH CHRIS REN June 22, 2022 In our Associate Spotlight series, we are highlighting associates across the company who are shaping our community and who embody our Life at Centric philosophy every day. Meet Chris Ren, Marketing Coordinator, Mens E-Commerce for…
June 08, 2022
PRIDE LAUNCH: CREATORS FOR A CAUSE
PRIDE LAUNCH: CREATORS FOR A CAUSE June 8, 2022 In honor of Pride Month, we are excited to introduce our next resident artist: Jeremy Kalteux, Associate Designer, Soft Accessories. Jeremy designed a tote bag inspired by the Say Gay Movement, a campaign created to protect LGBTQIA+ students in respons…
May 25, 2022
CENTRIC BRANDS AND COACH EXPAND LICENSING PARTNERSHIP TO INCLUDE SOFT ACCESSORIES
CENTRIC BRANDS AND COACH EXPAND LICENSING PARTNERSHIP TO INCLUDE SOFT ACCESSORIES Centric will now be the exclusive partner for multiple accessory lines for Coach May 25, 2022 NEW YORK–(BUSINESS WIRE)–Centric Brands LLC (“Centric” or the “Company”) today announced an expanded partnership with Coach …
May 23, 2022
MAY LAUNCH: CREATORS FOR A CAUSE
MAY LAUNCH: CREATORS FOR A CAUSE May 23, 2022 In honor of Mental Health Awareness Month, we are excited to share our next Creators for a Cause product – a durable soft-touch notebook designed by Monica Gomez, Senior Analyst, Applications Tech – PLM Team, to raise awareness around mental health. All …
Centric Brands Frequently Asked Questions
When was Centric Brands founded?
Centric Brands was founded in 1987.
Who are Centric Brands key executives?
Centric Brands's key executives are Jason Rabin, Anurup Pruthi and Joe Favuzza.
How many employees does Centric Brands have?
Centric Brands has 2,500 employees.
What is Centric Brands revenue?
Latest Centric Brands annual revenue is $596.6 m.
What is Centric Brands revenue per employee?
Latest Centric Brands revenue per employee is $238.6 k.
Who are Centric Brands competitors?
Competitors of Centric Brands include Cole Haan, Skechers and rue21.
Where is Centric Brands headquarters?
Centric Brands headquarters is located at 350 5th Ave, New York.
Where are Centric Brands offices?
Centric Brands has offices in New York, Greensboro, Los Angeles and Montréal.
How many offices does Centric Brands have?
Centric Brands has 4 offices.
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