MARC SCHNEIDER APPOINTED CHAIRMAN OF CENTRIC BRANDS BOARD OF DIRECTORS
October 28, 2020
NEW YORK–(BUSINESS WIRE)–Centric Brands LLC (the “Company”), a leading lifestyle brands collective, announced today that Marc Schneider has been appointed Chairman of its Board of Directors. Mr. Schneider is a veteran in the retail and wholesale industry with more than 35 years of experience in building brands and global businesses.
Mr. Schneider was most recently CEO of Kenneth Cole Productions, where he was responsible for their retail, outlet, e-commerce, international, licensing and wholesale businesses. Prior to joining Kenneth Cole Productions, Mr. Schneider was Group President of the Heritage Brands at PVH Corp., where he was responsible for the dress furnishings, sportswear, licensing, and retail divisions. Mr. Schneider has also served in senior executive and officer roles at Timberland, Macy’s, and Melville Corporation/Bob’s Stores and also serves as a Principal at JKLM Advisors LLC, a Senior Advisor at TZP Group and on the Board of Directors at RG Barry and the Saatva Company.
“We are pleased to welcome Marc as Chairman of our Board of Directors. His insight and significant experience within the industry will be invaluable as we look to execute our long-term strategies for growth and expansion,” said Jason Rabin, the Company’s Chief Executive Officer. Mr. Rabin continued, “Marc is a friend and trusted advisor who joins our Company at an exciting time as we are well positioned for success and energized for the future.”
“Centric has long been a leader in lifestyle brands and is now entering an exciting new period of expansion where it is well-positioned to take advantage of market opportunities and growth. I look forward to working with the entire Centric team and contributing to the Company’s continued success,” said Mr. Schneider.
The Company recently restructured to become a private entity with a strategic plan to continue harnessing growth opportunities in its core business segments while identifying new areas for future success in partnership with The Blackstone Group (“Blackstone”), its majority sponsor, Ares Management Corporation (“Ares”), and HPS Investment Partners (“HPS”).
About Centric Brands LLC
Centric Brands LLC (the “Company”) is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in multiple segments, including kids, men’s and women’s apparel, accessories, beauty, and entertainment. The Company’s portfolio includes more than 100 iconic licensed brands, including for kids apparel, Calvin Klein®, Tommy Hilfiger®, Nautica®, Spyder® and Under Armour®; for men’s and women’s apparel, Joe’s Jeans® and Buffalo® and Herve Leger®; for accessories, Kate Spade®, Michael Kors®, All Saints®, Frye®, Timberland® and Jessica Simpson®; and for entertainment, Disney®, Marvel®, Nickelodeon® and Warner Brothers®, among others. Owned brands include Hudson®, Robert Graham®, Swims®, Zac Posen® and Avirex®. The Company’s products are sold primarily in North America through leading mass market retailers, specialty, and department stores, and online. Centric Brands has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building. The Company is headquartered in New York City and has offices in Greensboro, N.C., Los Angeles, Toronto, and Montreal. For more information about Centric Brands please visit https://www.centricbrands.com.