Centric Brands Inc. (DB:IVOA) acquired Mondani Handbags & Accessories, Inc. from Solomon Hedaya.

Centric Brands Inc. is engaged in the design, development and marketing of apparel products, which include denim jeans, related casual wear and accessories. The Company offers its products under various brands, such as Hudson, Zac Posen, Robert Graham and SWIMS. Its segments are Wholesale, Consumer Direct and Corporate and other. The Wholesale segment consists of sales of products to department stores, boutiques, retailers, specialty stores and international customers. The Consumer Direct segment consists of sales to consumers through the Robert Graham brand full-price retail stores and outlet stores, through its SWIMS brand outlet store in Oslo, Norway and through the online ecommerce sites.