New Spring 2014 Collection
Launches With Key Retailers in the United Kingdom, Germany,
Switzerland, and Italy
NEW YORK, Feb. 26, 2014 (GLOBE NEWSWIRE) --
Sequential Brands Group, Inc. (Nasdaq:SQBG) ("Sequential" or the
"Company") today announced the expansion of William Rast, the
fashion brand co-founded by Justin Timberlake and Trace Ayala, in
premiere department stores and specialty stores across Europe.
Photos accompanying this release are available
at
http://www.globenewswire.com/newsroom/prs/?pkgid=23801
http://www.globenewswire.com/newsroom/prs/?pkgid=23802
Beginning in March 2014, key European retailers
including Appelrath-Cüpper (Germany), Manor (Switzerland), USC
(London), Görgens-Gruppe (Germany) and premium online stores
Zalando (Germany) and Yoox (Italy) will debut the new William Rast
Spring 2014 collection with further stores launching in the
Fall.
"We're excited to reintroduce the new William Rast
collection internationally, especially with such premium European
retailers," said Trace Ayala, co-founder of William Rast. "As much
as the collection has evolved, the look and feel has stayed true to
our Tennessee roots and continues to offer a fresh modern approach
to Americana fashion that we're confident the European market will
embrace," added Ayala.
Co-founder Justin Timberlake's 20/20 Experience
world tour comes to Europe simultaneously with the product launch
this spring.
Following the success of last year's all-door
launch at Hudson's Bay department stores in Canada, the European
rollout is directly in line with Sequential's global strategy of
focusing on international growth for the brand in new markets such
as Asia, Latin America, and the Middle East.
William Rast categories currently include men's
and women's sportswear, Men's and Women's denim, and outerwear, as
well as men's bags, belts and small leather goods.
ABOUT WILLIAM
RAST
The WILLIAM RAST brand was born in 2005 in Los
Angeles, California, co-founded by Justin Timberlake and his
life-long friend and business partner, Trace Ayala. William Rast is
valued for delivering quality, fashion forward design and premium
fit, and has become a staple for denim fans worldwide. Grounded in
the iconography of American denim heritage and biker culture, yet
re-packaged and presented in a contemporary context, WILLIAM RAST
channels the renewed confidence and vision of people all over the
world today. WILLIAM RAST combines the authentic qualities of
American heritage with modern and sophisticated fits, fabrics,
washes and techniques.
ABOUT SEQUENTIAL BRANDS
GROUP, INC.
Sequential Brands Group, Inc.
(Nasdaq:SQBG) owns, promotes, markets, and licenses a
portfolio of consumer brands that presently include William Rast®,
People's Liberation®, DVS®, Heelys®, Caribbean Joe®, Ellen Tracy®
REVO® and The Franklin Mint®. Sequential seeks to ensure that its
brands continue to thrive and grow by employing strong brand
management, design and marketing teams. Sequential has licensed and
intends to license its brands in a variety of consumer categories
to retailers, wholesalers and distributors in the United States and
in certain international territories. For more information,
please visit Sequential's corporate website
at: www.sequentialbrandsgroup.com. To inquire about
licensing opportunities, please email: newbusiness@sbg-ny.com.
Forward-Looking
Statements
Certain statements in this press release and oral
statements made from time to time by representatives of the Company
are forward-looking statements ("forward-looking statements") that
involve risks and uncertainties. For this purpose, any
statements contained in this press release that are not statements
of historical fact may be deemed to be forward-looking
statements. When used in this press release and in documents
referenced herein, forward-looking statements include, without
limitation, statements regarding our expectations, beliefs or
intentions that are signified by terminology such as "subject to,"
"believes," "anticipates," "plans," "expects," "intends,"
"estimates," "may," "will," "should," "can," the negatives thereof,
variations thereon and similar expressions. Such
forward-looking statements reflect the Company's current views with
respect to future events, based on what the Company believes are
reasonable assumptions; however, such statements are subject to
certain risks, uncertainties and other factors. Our actual
results may differ materially from those anticipated in any
forward-looking statements due to known and unknown risks,
uncertainties and other factors. The section entitled "Risk
Factors" set forth in Item 1A of Part I of our Annual Report on
Form 10-K for the year ended December 31, 2012, in Item 1A of Part
II of our Quarterly Report on Form 10-Q for the quarterly period
ended September 30, 2013 and in similar discussions in our other
Securities and Exchange Commission filings, discuss some of the
important risks, uncertainties and other factors that may affect
our business, results of operations and financial
condition. The Company's stockholders are urged to consider
such risks, uncertainties and factors carefully in evaluating the
forward-looking statements and are cautioned not to place undue
reliance on such forward-looking statements. Forward-looking
statements are not, and should not be relied upon as, a guarantee
of future performance or results, nor will they necessarily prove
to be accurate indications of the times at or by which any such
performance or results will be achieved. As a result, actual
outcomes and results may differ materially from those expressed in
forward-looking statements. The Company is under no obligation
to, and expressly disclaims any such obligation to, update or alter
its forward-looking statements, whether as a result of new
information, future events or otherwise.
The photos are also available at Newscom,
www.newscom.com, and via AP PhotoExpress.
CONTACT: Media Contact:
Jaime
Cassavechia
212-518-4771 x108
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Sequential Brands Group via Globenewswire
HUG#1764614
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