Centric Brands acquires Fownes Brothers in cold weather push

Fownes Brothers has become a major license holder in cold weather accessories

New York-based lifestyle collective Centric Brands has acquired Fownes Brothers and taken control of major licenses in the process.

Centric announced the acquisition of select assets, operations, and intellectual property of the English glove manufacturer. 

Since its establishment in 1777, Fownes Brothers has become an importer and distributor of licensed cold-weather accessories such as The North Face, Ugg, Timberland, and Lululemon.

Andrew Gluckman of Fownes Brothers will also join the Centric Brands team as senior VP, division head for cold weather, as part of the deal.

“We are excited to welcome Andrew and the Fownes Brothers legacy into Centric Brands,” said Jason Rabin, CEO at Centric Brands. 

“Our growth strategy is built upon developing powerful, scalable brands across key categories, and this acquisition meaningfully advances that approach. 

“By integrating the Fownes Brothers business into our accessories platform, we are expanding our capabilities, accelerating scale, and positioning the business for sustained, profitable growth.”

Tom Gluckman, co-founder of Fownes Brothers & Co, described the acquisition as a “new chapter” for the company.

“Our family is proud of the legacy we have built in cold-weather accessories, and we are thrilled to bring that expertise and our valued partnerships into Centric Brands,” he added.

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