Centric Brands Inc. (DB:IVOA) acquired Hosiery Division of Daytona Apparel Group on March 24, 2022. The new Centrics growing accessories division will led by Group President Jarrod Kahn. As part of the transaction, Centric will assume new license agreements including Stanley, Free Country, Real Tree, and Umbro. In addition associates from the hosiery team at Daytona will join Centric and report to Abe Dweck, Executive Vice President, Accessories. Naz Zilkha, Eugene Cheval, Marcela Gomez Morin, Lindsay Flora, Scott Zimmerman, Debra Edelman of Dechert LLP acted as legal advisors to Daytona Apparel Group LLC. Akin Gump Strauss Hauer & Feld LLP acted as legal advisor to Centric Brands Inc.

Centric Brands Inc. (DB:IVOA) completed the acquisition of Hosiery Division of Daytona Apparel Group on March 24, 2022