Centric Brands announced on Thursday a licensing agreement with Authentic Brands Group for Vince, a fashion brand, for accessories.
Under the terms of the agreement, Centric will undertake the design, manufacturing, and distribution of Vince-branded handbags, small leather goods, and belts for both men and women.
The Vince accessories will range in price from $125 to $225 for belts and small leather goods, and $250 to $595 for handbags. The products will be made available through department stores, specialty retailers, and e-commerce platforms.
“Vince is an incredible brand that has a tremendous opportunity to expand in the accessories category through Centric’s expertise in design, sourcing, and marketing. We look forward to building upon the brand DNA and creating a meaningful business,” said Jarrod Kahn, group president, accessories, Centric Brands.
The collaboration between Authentic and Centric Brands builds upon a longstanding partnership spanning several brands, including Frye, Hervé Léger, Izod, Quiksilver, Billabong, and Roxy.
The collaboration also signals Centric Brands’ continued efforts to diversify its portfolio, following the recent inclusion of Jennifer Fisher jewelry.
“Centric Brands has consistently demonstrated its ability to translate brand identity into high-quality products that resonate with consumers,” added Jarrod Weber, group president lifestyle, chief brand officer at Authentic. “Building on our partnership, we are pleased to offer accessories that embody the essence of Vince – sophistication and style.”
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