Kenneth Cole acquires Le Tigre Brand
In conjunction with the acquisition, Kenneth has entered into a license agreement with Le Tigre to continue manufacturing and selling sportswear under the Le Tigre brand. Kenneth Cole, chairman and CEO, said: "We are pleased to add such a strong and internationally respected brand to our portfolio. We believe there is significant upside for the company, specifically through various licensing opportunities as well as through the introduction of menâ€™s, womenâ€™s and childrenâ€™s footwear. Ryan Oâ€™Sullivan, the CEO of Le Tigre, has brought great vision to the brand, and he and his team have done an excellent job of reinvigorating it into what it is today. We look forward to working with them going forward."