Centric Brands Expands Portfolio After Fownes Brothers Acquisition

Centric Brands acquired key cold-weather assets from Fownes Brothers & Co. as lifestyle outlets highlight the brands in 2026 winter guides.The acquisition secures licenses for Ugg and Timberland while Andrew Gluckman joins the firm as Senior Vice President to lead the new division.CEO Jason Rabin stated the deal advances a strategy of developing scalable brands alongside industry expansions by Mackage and The North Face.