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.

TypePublic
Founded1987
HQNew York, NY, US
Websitecentricbrands.com

Latest Updates

Employees (est.) (May 2019)2,500
Job Openings102
Revenue (FY, 2018)$596.6 M(+363565%)
Share Price (Oct 2020)$0
Cybersecurity ratingCMore

Key People/Management at Centric Brands

Jason Rabin

Jason Rabin

Chief Executive Officer & Director
William Sweedler

William Sweedler

Chairman of the Board
Anurup Pruthi

Anurup Pruthi

Chief Financial Officer
Sid Keswani

Sid Keswani

President
Joe Favuzza

Joe Favuzza

Chief Strategy Officer and President, Business Development
Matthew Eby

Matthew Eby

Director
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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
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Centric Brands Financials and Metrics

Centric Brands Revenue

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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
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

73.1m149.3k164.1k596.6m

Revenue growth, %

(100%)10%363564%

Cost of goods sold

28.1m88.0k92.3k435.9m

Gross profit

44.9m61.3k71.8k160.7m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

33.7m32.4m41.2m40.1m36.5m42.4m38.8m36.0m39.8m528.9m423.2m712.4m

Cost of goods sold

13.4m15.3m20.8m21.5m20.2m24.3m22.6m21.5m22.7m410.0m311.6m534.2m

Gross profit

20.3m17.1m20.3m18.6m16.2m18.1m16.3m14.5m17.2m118.9m111.7m178.3m

Gross profit Margin, %

60%53%49%46%44%43%42%40%43%22%26%25%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

12.7m13.4m785.0k1.1m2.0m6.5m8.3m29.5m

Accounts Receivable

1.5m812.0k4.6m2.6m1.8m3.5m4.8m27.9m

Prepaid Expenses

769.0k641.0k2.2m1.7m1.4m4.2m4.8m48.4m

Inventories

23.3m31.3m52.7m61.3m15.4m24.0m31.7m343.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.4m)5.6m(7.3m)(27.7m)(123.8m)

Depreciation and Amortization

1.2m1.5m2.5m4.6m3.8m6.0m6.1m19.4m

Inventories

7.0m(8.1m)878.0k(8.6m)(2.7m)3.4m(7.6m)35.5m

Accounts Payable

126.0k394.0k3.2m(3.1m)1.1m(10.9m)4.1m(87.7m)
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(1.1m)794.0k2.2m3.6m(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

887.0k276.0k616.0k979.0k492.0k1.0m2.9m4.5m1.5m3.0m4.5m1.5m2.9m4.3m23.0m46.6m71.7m

Inventories

(4.5m)(6.6m)(13.8m)(2.4m)88.0k(2.1m)40.2m(82.2m)(88.2m)

Accounts Payable

2.2m7.9m(416.0k)321.0k9.5m(36.5m)112.3m184.5m
USDQ3, 2011

Financial Leverage

1.3 x
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Centric Brands Acquisitions / Subsidiaries

Company NameDateDeal Size
Global Brands GroupJune 28, 2018$1.38 b

Centric Brands Revenue Breakdown

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Centric Brands revenue breakdown by business segment: 72.6% from Wholesale, 25.7% from Consumer Direct and 1.7% from Other

Centric Brands Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Centric Brands Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Centric Brands Online and Social Media Presence

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Centric Brands News and Updates

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...

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…

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

Centric Brands Announces Confirmation of Plan of Reorganization

Court approves plan to recapitalize and significantly reduce debt and interest payments, positioning the Company for long-term growth Expects to emerge from Chapter 11 by the end of October as a private company poised for long-term growth with the support of Blackstone, Ares Management Corporat…

Centric Brands Discloses Nasdaq Notice

NEW YORK--(BUSINESS WIRE)-- Centric Brands Inc. (the “Company”) (NASDAQ:CTRC), a leading lifestyle brands collective, announced today that on May 18, 2020, it received notification from The Nasdaq Stock Market LLC (“Nasdaq”), that due to the Company’s voluntary filing under Chapter 11 of the U.S…

Centric Brands Reaches Agreement with Lenders to Position the Company for Long-Term Growth

Pre-arranged agreement with its secured lenders, led by certain funds managed by Blackstone, Ares Management Corporation, and HPS Investment Partners Secures $435 million of debtor-in-possession financing from certain funds managed by Blackstone, Ares, and HPS to ensure uninterrupted operation…

Centric Brands Acquires Zac Posen Brand and Licenses

NEW YORK--(BUSINESS WIRE)-- Centric Brands Inc., (NASDAQ: CTRC), a leading lifestyle brands collective, announced today the purchase of the Zac Posen brand and all related intellectual property previously held by Z Spoke, LLC. As part of the transaction, the Company also acquired all existing li…

Centric Brands Inc. Reports Inducement Grant to New Chief Operating Officer

NEW YORK--(BUSINESS WIRE)-- Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, granted to Laura Ritchey, as an inducement to accept her appointment as Chief Operating Officer (“COO”) of the Company, 400,000 restricted stock units (the “RSUs”) with respect to the Company’s…

Centric Brands Inc. Appoints Laura Ritchey, Chief Operating Officer

NEW YORK, NY – February 3, 2020 –--(BUSINESS WIRE)-- Centric Brands Inc. (NASDAQ: CTRC), a leading lifestyle brands collective, announces the appointment of Laura Ritchey as Chief Operating Officer, reporting to Mr. Jason Rabin, Chief Executive Officer. As a member of the executive leadership …
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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, William Sweedler and Anurup Pruthi.

  • 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 Under Armour, Skechers and Guess?.

  • 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.