LOS ANGELES–(BUSINESS WIRE)–Differential Brands Group Inc. (NASDAQ:DFBG) today announced that Andrew
Berg has joined Robert Graham as its President.
“We are thrilled to welcome Andrew Berg to Robert Graham,” commented
Michael Buckley, Chief Executive Officer of Differential Brands Group,
the parent company of the Robert Graham and Hudson Jeans brands.
“With Andrew’s 20-year proven track record, we are confident that we
have the leader in place to execute our premium omni-channel vision for
the future. Under Andrew’s direction, we look forward to Robert Graham
continuing to build brand awareness and maximize the explosive growth
potential of its Consumer Direct channel and department store and
specialty store relationships, as well as executing its playbook for
international expansion. This is a pivotal time for our newly merged
Company and for an industry leading merchant with experience driving
growth to take the helm,” commented Mr. Buckley.
Before joining Robert Graham, Mr. Berg held the position of Senior Vice
President of Menswear at Theory, where he led the global Theory Men’s
organization to significant sales and profit growth across the
wholesale, retail, ecommerce and international channels. Mr. Berg
refined and elevated the brand’s positioning and launched new product
categories including footwear, accessories, formalwear and Theory+.
Previously, Mr. Berg worked with other leading global brands including
Ralph Lauren, Abercrombie & Fitch and Gap, Inc. “Andrew has spent his
career working alongside the best merchant leaders in the industry,”
commented Mr. Buckley.
“I believe Robert Graham is uniquely positioned to become one of the
leading premium lifestyle brands, and I am thrilled to be joining the
organization as President to spearhead the charge,” Mr. Berg stated. “I
am looking forward to working closely with the Robert Graham leadership
team and the Board of Directors at Differential Brands Group in building
this product-led brand.”
About Differential Brands Group
Differential Brands Group Inc. (NASDAQ:DFBG) is a platform that focuses
on branded operating companies in the premium apparel, footwear and
accessories sectors. Our focus is on organically growing our brands
through a global, omni-channel distribution strategy while continuing to
seek opportunities to acquire accretive, complementary, premium brands.
Our current brands are Hudson®, a designer and marketer of women’s and
men’s premium, branded denim and apparel, and Robert Graham®, a
sophisticated, eclectic apparel and accessories brand seeking to inspire
a global movement.
For more information, please visit Differential’s website at: www.differentialbrandsgroup.com.
About Robert Graham
Robert Graham, a wholly owned subsidiary of Differential Brand Group
(NASDAQ:DFBG), is an American-based company born in 2001. Since its
launch, Robert Graham has been providing sophisticated, eclectic style
to the fashion market with an intention of inspiring a global movement.
Robert Graham received the 2014 “Menswear Brand of the Year” award from
the American Apparel & Footwear Association. Robert Graham now operates
freestanding stores in 30 locations nationwide. The brand also sells at
luxury department stores and boutiques, and it has showrooms located in
New York City, Los Angeles, Dallas, Toronto, Montreal, and Vancouver (www.robertgraham.us).
Robert Graham is the essence of ‘American Eclectic.’
For more information, please visit Robert Graham’s website at: www.robertgraham.us.
This release contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended. The matters discussed in this news
release involve estimates, projections, goals, forecasts, assumptions,
risks and uncertainties that could cause actual results or outcomes to
differ materially from those expressed in the forward-looking
statements. All statements in this news release that are not purely
historical facts are forward-looking statements, including statements
containing the words “may,” “will,” “expect,” “anticipate,” “intend,”
“estimate,” “continue,” “believe,” “plan,” “project,” “will be,” “will
continue,” “will likely result” or similar expressions. Any
forward-looking statement inherently involves risks and uncertainties
that could cause actual results to differ materially from the
forward-looking statements. Factors that would cause or contribute to
such differences include, but are not limited to: the anticipated
benefits of the merger on its financial results, business performance
and product offerings, the Company’s ability to successfully integrate
Robert Graham and Hudson businesses and realize cost savings and any
other synergies, the risk that the credit ratings of the combined
company or its subsidiaries may be different from what the Company
expects, continued acceptance of our product, product demand,
competition, capital adequacy, general economic conditions and the
potential inability to raise additional capital if required; the risk
that the Company will be unsuccessful in gauging fashion trends and
changing customer preferences; the risk that changes in general economic
conditions, consumer confidence, or consumer spending patterns will have
a negative impact on the Company’s financial performance; the highly
competitive nature of the Company’s business in the United States and
internationally and its dependence on consumer spending patterns, which
are influenced by numerous other factors; the Company’s ability to
respond to the business environment and fashion trends; continued
acceptance of the Company’s brands in the marketplace; and other risks.
The Company discusses certain of these factors more fully in its
additional filings with the SEC, including its last annual report on
Form 10-K and quarterly report on Form 10-Q filed with the SEC, and this
release should be read in conjunction with those reports, together with
all of the Company’s other filings, including current reports on Form
8-K, through the date of this release. The Company urges you to consider
all of these risks, uncertainties and other factors carefully in
evaluating the forward-looking statements contained in this release.
Any forward-looking statement is based on information current as of
the date of this document and speaks only as of the date on which such
statement is made, and the Company undertakes no obligation to update
these statements to reflect events or circumstances after the date on
which such statement is made. Readers are cautioned not to place undue
reliance on forward-looking statements.
Differential Brands Group Inc.